China is a big producer and consumer of liquid crystal displays, LCD TVs and smart phones. The core component of these major categories of products is the LCD panel. In the past, LCD panel manufacturing technology was basically concentrated in companies in Japan and South Korea, such as Sharp, Samsung, LG, and so on. Subsequent domestic LCD panel makers represented by BOE began to catch up quickly and achieved great progress in both technology and productivity. The latest statistics sent by IDC now show that BOE has surpassed LG Display to surpass LG Display in global supply of large-size panel supplies. Its market share has reached 22%, compared with only 16.4% in the same period of last year, and its annual growth rate is as high as 27.4%. The only company growing among the top five vendors. This is a landmark for domestic panel makers.
After BOE, they were LG, Innolux, AUO Optoelectronics and Samsung Display. Samsung Display’s market share was 10.4%, down 28.5% year-on-year, and fell from the previous second to fifth. The main reason is that Samsung has strengthened the production of small-screen panels such as smartphones and tablets, and gradually reduced its production capacity on large-sized panels.
After a long period of technology accumulation, BOE's liquid crystal panels have gradually entered the world's advanced level in terms of output and technology. In addition to the LCD LCD technology, BOE has long invested in the production and R&D of the OLED field. In addition, BOE has announced that it will invest 100 billion yuan to build two AMOLED plants in Sichuan Province. It can be seen that domestic panel makers not only achieved the first in terms of production capacity, but also greatly enhanced their technological content.
After a long period of technology accumulation, BOE's liquid crystal panels have gradually entered the world's advanced level in terms of output and technology. In addition to the LCD LCD technology, BOE has long invested in the production and R&D of the OLED field. In addition, BOE has announced that it will invest 100 billion yuan to build two AMOLED plants in Sichuan Province. It can be seen that domestic panel makers not only achieved the first in terms of production capacity, but also greatly enhanced their technological content.
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