Recently, data released by IHS Markit on the 27th showed that the panel maker's BOE panel market share in China has reached 21.7%, successfully surpassing LG Display, and ranking first in global panel market share. And LG Display is in second place, the market share will reach 19.3%, this is the first time since the fourth quarter of 2009 to lose the first position.
BOE First Super Korean Enterprise Ranked No. 1 in Global Panel Market Share
With the continuous popularization of large-screen TVs, the demand for large-size panel will certainly continue to expand. As the largest panel maker in China, BOE has taken the opportunity to take action in recent years. Just a series of factory building moves will be another industry amazing. The world’s first 10.5 generation TFT-LCD production line was previously announced by BOE. According to the analysis of foreign IHS, large-size LCD panels will maintain a very rapid development before 2020. It is estimated that the annual output will exceed 20 million units.
The current global production of large-size LCD panels has been concentrated in South Korea, Japan, mainland China, and Taiwan, with a production capacity of more than 80% of the global total. As panel makers in Japan and Korea begin to fade out, many domestic manufacturers continue to expand the panel market. As a result, the continuous rise in shipments of mainland panel products is of great significance for us to lead the panel market.
In addition, not only the LCD panel market, but with the fieryness of mobile flexible OLED screens, BOE has devoted itself to the research of the flexible AMOLED field. Its 6th generation flexible AMOLED production line in Chengdu started mass production in advance, breaking the Korean manufacturers' monopoly.
The outbreak of domestic goods indicates that China’s success in the upstream panel area is not only exciting. Many technologies are firmly in our hands, and people do not have to look at people’s faces to speak, and they will have more right to speak in the international community.
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