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The current global production of large-size LCD panels has been concentrated in South Korea, Japan, mainland China, and Taiwan, and its production capacity has reached more than 80% of the global total. BOE's IT panel market continues to expand as South Korean and Japanese panel makers gradually withdraw. The amount continues to climb. BOE currently occupies a leading position in unit shipments of tablet computers, notebook computers and monitors over 9 inches. Especially in the notebook computer panel, BOE holds a 29% share, further widening the gap with the second supplier Innolux (20%). However, in terms of shipping area, South Korea's panel makers still remained ahead, LGD ranked first, accounting for 24.8% of the market share, followed by Samsung Electronics and Innolux.
Previously, BOE announced that it will establish the world's first 10.5 generation TFT-LCD production line, which stems from the rapid growth of the large-size TV market. According to IHS's analysis, shipments of larger 60-inch and 60-inch TV panels are expected to continue to grow at a compound annual growth rate of 17% by 2020, and annual output will exceed 20 million units. The 10.5-generation glass substrate area is approximately 1.8 times the area of ​​the 8.5 generation glass of the current TV panel standard production line, so that the panel manufacturer can maximize the output to meet consumer demand.
In addition, BOE also conducted a lot of research on flexible products. BOE's latest heavy gold investment in the two 6th-generation lines is for flexible products. Flexible products may innovate the terminal's product form, and even bring new application scenarios. Before Skyworth released China's self-developed OLED TV, it used the BOE (BOE) OLED screen. The release of China's own research and development of OLED has greatly encouraged people's hearts. The mastery of core technologies and the close cooperation between upstream and downstream will help BOE's OLED industry overtake the curve in a new round of international competition.
According to data released by foreign IHS Markit, mainland LCD panel maker BOE, January shipment of large-size LCD panels reached 22.3% of the global total. For the first time, it replaced Korea, Japan and other manufacturers, and successfully ranked first in the world. The Korean Le Gold Display Panel Factory, which had been at the top of the list, slipped to the second place. Taiwanese manufacturers and Innolux Group ranked three to four. As large-screen TVs become popular, the demand for large-size panels will continue to expand. Recently, a series of BOE's construction moves may allow its first position to be maintained for a long time.
BOE panel shipments leapt to the top in the world
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August 08, 2022