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Glass - based Mini backlight and direct production in the second half of the year, BOE is optimistic about industry consolidation

Glass - based Mini backlight and direct production in the second half of the year, BOE is optimistic about industry consolidation

  • 2020-06-10
  • Views:0

Glass - based Mini backlight and direct production in the second half of the year, BOE is optimistic about industry consolidation

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  • 2020-06-10
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On the same day that TCL announced that "the mass production of MLED star obsidian product is not yet determined, and the specific time should be combined with the terminal manufacturer's plan", BOE, the panel leader, said when receiving institutional investors that its glass-based MiniLCD backlight and direct display products would be mass-produced in the second half of this year.
"MiniLED products can greatly enhance the LCD display effect and are competitive in cost. The company's glass-based MINI-LCD backlight and direct display products will be mass-produced in the second half of this year. Liu Hongfeng, director secretary of BOE, believes that MiniLED products and BOE's existing BDCell products will be able to provide customers with more solutions for high-end display products, so as to enhance the competitiveness of BOE's products in the high-end display field.

In 2019, the semiconductor display industry hit a growth trough, which, according to relevant data, was also the worst year in history. Global economic downturn coupled with the opening of relevant domestic capacity, overcapacity spread throughout the industry.
According to the annual report data, boe achieved revenue of about 11.606 billion yuan in 2019, up 19.51% year-on-year, and the net profit attributable to shareholders of the listed company was 1.919 billion yuan, down 44.15% year-on-year.
Boe received 2.6 billion yuan in government subsidies this year. This also means that BOE's non-net profit in 2019 is a loss of 1.167 billion yuan.
In 2019, BOE's display unit shipments grew 19% in area and 16% in volume, according to its annual report.
According to gao's new display, BOE currently has more than 5 LCD production lines alone, including two 10.5 generation TFT-LCD production lines and two 8.5 generation TFT-LCD production lines.
In 2019, the 10.5 generation TFT-LCD production line in BOE Hefei will reach full production, and the 10.5 generation TFT-LCD production line in Wuhan will achieve mass production.
But boe's LCD business has been hovering near its cost line as LCD prices have bottomed out. How to improve the PROFITABILITY of LCD business has become the key.

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