BOE made profit of 6.2 billion domestic panels in the first three quarters of the harvest season

On the evening of September 26, BOE A disclosed the forecast for the first three quarters. It is expected that the net profit will be 6.2 billion yuan to 6.5 billion yuan, compared with 141 million yuan in the same period of last year. The increase in performance was due to the continued increase in the product yield and quality of the company's products. The rate of introduction of high value-added products and the proportion of shipments were significantly increased, and the overall profitability of the company was stable at a relatively high level. In addition, the degree of prosperity of the semiconductor display industry was relatively higher than that of the same period of last year. The operating results of the company in the first three quarters increased significantly compared with the same period of last year.


BOE Hefei Plant Planning Map

BOE said that the company is building a new OLED plant in Mianyang, Sichuan, or will start production in 2019. Mianyang plant is said to supply iPhone's OLED panel. According to relevant sources, Apple is exploring BOE technology and will use BOE OLED on Apple Watch before expanding it to the iPhone.

At present, the OLED orders for the iPhone are all supplied by Samsung Electronics. In order to disperse the supply, Apple actively contacts BOE, LGD, and Japan Display, and shares the technology with the above three plants.


iPhone X OLED screens are all supplied by Samsung

Can BOE's technology catch up with OLED leader Samsung Electronics? A foreign OLED expert employed by a Chinese factory said that BOE B7's technology is comparable to that of Samsung. However, Zhang Baizhe, a professor at Tsinghua University and a liquid crystal display expert, believes that although the Chinese plant has invested heavily, OLED technology is more difficult. Samsung insisted on developing for more than 10 years, and spent at least four or five years on improving the yield. Chinese manufacturers must be fully prepared.

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