boe the largest lcd panel maker in stock

Latest research from Omdia has found that Chinese display maker BOE has led the market in shipments of large area TFT LCD displays in December 2021, both in units and total area shipped. This accounts for nearly one-third of whole unit shipments, as the industry set new records for shipments for the month and year.

Pandemic restrictions impacted demand for and spending across home entertainment products with display shipments of TV and IT devices experiencing a growth surge. The total of large area TFT display shipments rose to a record 89.4 million square meters in December, reflecting a 4 percent month-on-month increase over November, as well as 5 percent Year on Year growth (YoY), Omdia reported in its latest Large Area Display Market Tracker.

For the full year, large area TFT LCD shipments increased with 9 percent YoY by units and 4 percent YoY by area, reaching 962.7 million units and 228.8 million square meters shipped in 2021, both historical highs and marking the first time the industry has ever shipped more than 900 million units in a year.

Among display makers, China"s BOE took the largest shares for both units and total area shipped in 2021. BOE took 31.5 percent for units shipped and 26.2 percent for area shipped, marking the first time one maker has captured over 31 percent market share for whole unit shipments and 26 percent share for whole area shipments in large area TFT LCD history.

Beyond BOE, Innolux took 15.4 percent market share for large area TFT LCD unit shipments, followed by LG Display with 13.4 percent in 2021. For total area shipped, China Star took 15.8 percent as second largest maker after BOE, followed by LG Display in third with 11.9 percent in 2021.

Strong demand particularly for mobile PC LCD during the pandemic increased notebook PC LCD unit shipments in 2021, rising 26 percent YoY. Tablet PC LCD unit shipments also rose 7 percent YoY last year. On the other hand, the LCD TV display segment saw unit shipments fall 4 percent YoY due to a slowdown in demand in 3Q21. But ongoing LCD TV size migration in favor of larger screens meant that total LCD TV display area shipped increased 2 percent YoY in 2021 despite the drop in unit shipments.

Large area TFT LCD revenue increased 34 percent YoY in 2021 and reached US$85.2 billion, also setting a record and the first time large area TFT LCD revenue has ever exceeded $80 billion. Strong demand and size migration to larger screens during COVID-19 pandemic combined with display price hikes up until 3Q21 to drive the high revenue number.

In the large area OLED segment, strong consumer demand for high-end TVs and notebook PCs drove surging demand for OLED TV and notebook PC OLED, which saw 66 percent YoY and 418 percent YoY increases in units shipped last year, respectively. Overall large area OLED achieved a historical high for unit shipments, hitting 23.7 million units shipped in 2021, a 37 percent YoY increase over 2020.

YoonSung Chung, senior research manager for large area displays and supply chain at Omdia, commented: "Display makers waited for results from Black Friday sales to set their early 2022 sales and pricing strategies. However, results seem to fall short of expectations for LCD TVs. LCD TV display buyers will price LCD TV displays more aggressively in the coming months.

"While demand for IT displays is weakening, panel makers’ supply plans are ambitious. Unless panel makers adjust their fab utilisation, price erosions could imminently worsen for large area display applications, including monitor and notebook PC LCDs. Omdia expects the LCD TV panel prices to reach the price bottom in 1H 2022 and then gradually rebound based on the market demand recovery."

Chinese display maker BOE Technology Group Co Ltd, a supplier of both Apple Inc and Samsung Electronics Co Ltd, plans to invest a substantial sum to build two factories in Vietnam, two people familiar with the matter said. BOE is in talks to rent dozens of hectares of land in north Vietnam to add to its relatively small plant in the south that supplies mostly television screens to South Korea"s Samsung and LG Electronics Inc, the people said, declining to be identified as negotiations were confidential. Northern Vietnam has in recent years attracted significant investment from electronics giants, becoming a major hub for the production of smartphones, computers and cameras, including flagship goods from Apple and Samsung.

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BOE (Chinese: 京东方, 000725:SZ), the world"s largest LCD panel maker by shipment, purchased 491 million of its A shares in a buyback scheme as of January 31, 2022, the company said in a statement.

The Beijing-based manufactuer of TV displays and mobile phone screens, which beat LG Display to emerge as the world"s top LCD panel producer in 2020, revealed that the shares it bought back through collective bidding accounted for 1.309% of its A-share total and 1.2771% of the company"s entire capital stock.

According to the statement, BOE bought the shares at a high of CNY 5.96 and a low of CNY 4.83, shelling out an aggregate CNY 2.577 billion, excluding commissions and other fees.

The buyback comes as the firm"s shares swung from highs to lows multiple times since the beginning of 2021. Starting in September 2021, it stocks had slid for months, with no end in sight.

Although the firm forecasted its net profit attributable to shareholders in 2021 would advance 410% to 416% year on year, this optimism didn"t translate into an uptick in its stock performance.

BOE shares slid 34.66% from an all-time high of CNY 7.53 apiece nine months ago. Notably, in quarterly terms BOE"s net profit attributable to the owner of the parent company continued to grow, albeit at a slower pace.

Market insiders have blamed BOE"s prolonged stock slump on a boom-to-bust cycle in the global LCD panel market. According to Display Supply Chain Consultants, a consultancy firm focusing on the display industry, the standard price of a 32 inch LCD TV panel was USD 38, down 64% from June 2021.

BOE Technology Group Co., Ltd., also known as Jingdongfang, is a China-based electronics and semiconductor company with its headquarters located in Beijing, China. Being an electronics company, BOE Technology exactly knows how much effort it takes to stay strong among great competition from its peers. And, it is tougher to be popular and stay relevant, when the big names from foreign countries are your competitors. BOE Technology is one of the biggest examples of how local products can also be the best, and how buying local products can help the country’s economy, too.

BOE Technology is among the leading electronics company in China and expertise in electronics health care, the internet of things, and photovoltaics, such that it produces products like interface devices, smart medicine, smart IoT systems as well as engineering integration-related products. BOE Technology is also famous as the largest supplier of LCD, OED, and flexible/foldable displays. The company also manufactures and sells fingerprint sensors, optoelectronic sensors, and solar panels.

The sudden rise in revenues helped BOE Technology list the B shares on the Shenzhen Stock Exchange, in 1997. The company was then renamed BOE Technology Group Co., Ltd. in 2001. It made its first acquisition in the same year, where it bought the LCD and OLED businesses of

BOE Technology put the foundation of the BOE Energy Technology Co., Ltd and entered the photovoltaic business in 2009. The company expanded overseas when it opened its branch and an R&D center in Tokyo, Japan (2011) and Santa Clara in Silicon Valley, California (2012). In 2015 and 2016, BOE Technology opened offices in Frankfurt Germany, and New Delhi, India, respectively. In the following years, the company expanded to Dubai, Brazil, Indonesia, South Africa, etc.

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(Yicai Global) Feb. 14 -- The share price of LCD panel maker BOE Technology [SHE:000725] has jumped by more than one-third in less than a week, as industry data confirmed the company"s world-leading position for this widely-used electronic product.

The Beijing-based company"s shares started their current upsurge on Feb.1, the last market day before the Spring Festival national holiday, and resumed higher in post-vacation trading.

BOE sold 54.30 million units of LCD panels for television displays, 37.30 million units for other electronic devices, both surpassing its South Korean rival LG Display -- the former number one manufacturer -- whose sales figures last year were 48.6 million and 34.5 million, respectively, the latest data released today by Beijing based industry market research institute Sigmaintell Consulting shows.

“China’s BOE will become the largest display supplier for Apple’s iPhone in 2023,” said Ming-Chi Kuo, an Apple analyst at TF International Security in Taiwan.

BOE is expected to account for about 70 percent of the OLED panel supply for the iPhone 15 and iPhone 15 Plus, which are scheduled to hit shelves in the second half of this year, according to Kuo. Samsung Display, which accounted for 70 percent of the displays for the iPhone 14, is expected to see its share drop to 30 percent.

In particular, Kuo predicted that BOE may supply 20 percent to 30 percent of the low-temperature polycrystalline oxide (LTPO) panels for Apple’s next-generation iPhone (iPhone 16) in 2024. If BOE is awarded 20 percent to 30 percent of the display orders for the iPhone 16 following 70 percent of the display supply for the iPhone 15, it will emerge as Apple’s largest display supplier, beating Samsung Display and LG Display.

Chinese companies including BOE are in hot pursuit of Korean companies in the world OLED display industry. In the small OLED display market, Samsung Display took the top spot in the second quarter of 2022 with a 38.2 percent market share against BOE"s 20.5 percent, according to UBI Research, a market research company. LG Display maintains its lead in large OLED display panels, mainly used for TVs.

So far, Korean display makers have been ahead of their Chinese competitors based on technological leadership. But a situation in which Chinese companies have eroded Korean display makers’ market share in the liquid crystal display (LCD) market is repeating in the OLED display market. Chinese companies have been employing a strategy to increase their market share through a price war and then catch up with leading companies by winning a technological race based on their strong financial power. DSCC, a global market research firm, predicted that China will be able to secure a 47 percent share of the global OLED market in 2025, putting Korea (51 percent) in striking distance.

BOE, China’s largest display company, was listed as a major panel supplier in Samsung Electronics’ business report. BOE has filled the vacancy created by Samsung Display’s phased reduction of large LCD panels for TVs.

The business report, which was registered with the Financial Supervisory Service’s electronic disclosure system, listed three major display panel suppliers for the company"s consumer electronics (CE) sector in 2021 -- BOE and CSOT of China and AUO of Taiwan. BOE was newly added as a major supplier. BOE surpassed LG Display in 2018 to become the world’s No. 1 LCD manufacturer.

Samsung Display decided in early 2021 to stop producing large LCD panels beginning from 2022. The decision was made to speed up its transition to next-generation QD-OLED panels as the profitability of the LCD business fell significantly due to a price war with Chinese companies.

It stopped the operation of L7 at Asan Campus in South Chungcheong Province, which had produced large LCD panels, in March 2021. An 8th-generation LCD production line at the Suzhou plant in China was sold in April 2021. However, it is still operating some of its large LCD production facilities at Asan Campus at the request of Samsung Electronics. Samsung Display is considering shutting down these facilities within June 2022.

Industry insiders say that Samsung Display"s withdrawal from the LCD business has weakened Samsung Electronics" bargaining power in negotiations with Chinese vendors.

Samsung Electronics’ price burden for TV panels has nearly doubled over the past year. The Samsung Electronics business report says that the company spent 10,582.3 billion won on purchasing display panels in 2021. This was an increase of 94.2 percent from the previous year (5,448.3 billion won). The main factor behind the increase is a rise in LCD panel prices. Samsung Electronics explained that prices of TV panels rose about 39 percent on year in 2021.

Industry insiders say one solution is to accelerate a shift to OLED-based TVs. Chinese panel makers are investing aggressively to develop large OLED panel technologies, but they have not yet reached the volume production stage.

Samsung Electronics is negotiating with Samsung Display and LG Display over the release of OLED TVs. LG Display is the only company that mass produces large OLED panels. It can produce 10 million TV panels annually. Samsung Display started mass production of large OLED panels at the end of 2021. The two Korean OLED panel makers adopt white (W) and blue (B) light sources, respectively.

SHANGHAI - China"s BOE Technology Group, one of the world"s largest display manufacturers, plans to build a massive new factory in Beijing, as it looks to next-generation technology for new revenue streams.

BOE will invest 29 billion yuan ($4 billion) in the 600,000 sq. meter factory, according to Sunday"s announcement, with an eye toward expanding into markets for new technologies, such as panels for virtual reality (VR) devices, and a new type of high-end panel called mini-LED.

BOE was the leading LCD TV panel vendor during the first half of 2020, having shipped approximately 23.26 million units worldwide. In that period, global shipments of LCD TV panels totaled over 115 million units.

BOE Technology, founded in 1993, has become China’s largest TV panel maker and it continues to make a name for itself in the global consumer electronics market. It was the first company to introduce a gen 10.5 LCD plant in late 2017. Since then, BOE’s LCD panel production capacity has grown annually, surpassing former leading manufacturer LG Display. In recent years, BOE accounted for over 20 percent of large-area TFT LCD display unit shipments worldwide.

Chinese panel makers accelerate worldwide LCD TV panel shipmentsChina became the leading LCD panel producer worldwide in 2017, overtaking powerhouses South Korea and Taiwan. Chinese shipments of LCD TV panels 60-inch and larger have also increased significantly in recent years, with roughly 2.24 million units sold in the first quarter of 2019 worldwide, in comparison to just 117,000 units a year before. This figure is forecast to increase in the future, paving the way for Chinese panel makers’ worldwide success. At the same time, the concurrent specialization on large LCD panels by Chinese and South Korean suppliers will likely push down panel prices.Read moreGlobal LCD TV panel unit shipments from H1 2016 to H1 2020, by vendor(in millions)tablecolumn chartCharacteristicBOELGDInnoluxCSOTSDCAUOCEC GroupOthers1H 202023.2611.7920.3421.312.1310.14-16.17

TrendForce. (July 28, 2020). Global LCD TV panel unit shipments from H1 2016 to H1 2020, by vendor (in millions) [Graph]. In Statista. Retrieved January 31, 2023, from https://www.statista.com/statistics/760270/global-market-share-of-led-lcd-tv-vendors/

TrendForce. "Global LCD TV panel unit shipments from H1 2016 to H1 2020, by vendor (in millions)." Chart. July 28, 2020. Statista. Accessed January 31, 2023. https://www.statista.com/statistics/760270/global-market-share-of-led-lcd-tv-vendors/

TrendForce. (2020). Global LCD TV panel unit shipments from H1 2016 to H1 2020, by vendor (in millions). Statista. Statista Inc.. Accessed: January 31, 2023. https://www.statista.com/statistics/760270/global-market-share-of-led-lcd-tv-vendors/

TrendForce. "Global Lcd Tv Panel Unit Shipments from H1 2016 to H1 2020, by Vendor (in Millions)." Statista, Statista Inc., 28 Jul 2020, https://www.statista.com/statistics/760270/global-market-share-of-led-lcd-tv-vendors/

TrendForce, Global LCD TV panel unit shipments from H1 2016 to H1 2020, by vendor (in millions) Statista, https://www.statista.com/statistics/760270/global-market-share-of-led-lcd-tv-vendors/ (last visited January 31, 2023)

Global LCD TV panel unit shipments from H1 2016 to H1 2020, by vendor (in millions) [Graph], TrendForce, July 28, 2020. [Online]. Available: https://www.statista.com/statistics/760270/global-market-share-of-led-lcd-tv-vendors/

In both LCD and OLED displays, producing these cells – which are highly complex – is by far the most difficult element of the production process. Indeed, the complexity of these cells, combined with the levels of investment needed to achieve expertise in their production, explains why there are less than 30 companies in the whole world that can produce them. China, for instance, has invested more than 300 billion yuan (approximately $45 billion USD) in just one of these companies – BOE – over the past 14 years.

Panox Display has been involved in the display industry for many years and has built strong and long-term partner relationships with many of the biggest OLED and LCD panel manufacturers. As a result, we are able to offer our clients guaranteed access to display products from the biggest manufacturers.

LG Display was, until 2021, the No. 1 display panel manufacturer in the world. Owned by LG Group and headquartered in Seoul, South Korea, it has R&D, production, and trade institutions in China, Japan, South Korea, the United States, and Europe.

Founded in 2001, AUO – or AU Optronics – is the world’s leading TFT-LCD panel manufacturer (with a 16% market share) that designs, develops, and manufactures the world’s top three liquid crystal displays. With panels ranging from as small as 1.5 inches to 46 inches, it boasts one of the world"s few large-, medium -and small-sized product lines.

AUO offers advanced display integration solutions with innovative technologies, including 4K2K ultra-high resolution, 3D, ultra-thin, narrow bezel, transparent display, LTPS, OLED, and touch solutions. AOU has the most complete generation production line, ranging from 3.5G to 8.5G, offering panel products for a variety of LCD applications in a range of sizes, from as small as 1.2 inches to 71 inches.

Now Sharp is still top 10 TV brands all over the world. Just like BOE, Sharp produce LCDs in all kinds of size. Including small LCD (3.5 inch~9.1 inch), medium LCD (10.1 ~27 inch), large LCD (31.5~110 inch). Sharp LCD has been used on Iphone series for a long time.

Beside those current LCDs, the industrial LCD of Sharp is also excellent and widely used in public facilities, factories, and vehicles. The Sharp industrial LCD, just means solid, high brightness, super long working time, highest stability.

Truly Semiconductors is a wholly owned subsidiary of the Hong Kong-listed company Truly International Holdings. Founded in 1991, and headquartered in Hong Kong, the company’s production base is located in the beautiful coastal city of Shanwei City in Guangdong Province, China.

Since its establishment, Truly Semiconductors has focused on researching, developing, and manufacturing liquid crystal flat panel displays. Now, after twenty years of development, it is the biggest small- and medium-sized flat panel display manufacturer in China.

Truly’s factory in Shanwei City is enormous, covering an area of 1 million square meters, with a net housing area of more than 100,000 square meters. It includes five LCD production lines, one OLED production line, three touch screen production lines, and several COG, LCM, MDS, CCM, TAB, and SMT production lines.

Its world-class production lines produce LCD displays, liquid crystal display modules (LCMs), OLED displays, resistive and capacitive touch screens (touch panels), micro camera modules (CCMs), and GPS receiving modules, with such products widely used in the smartphone, automobile, and medical industries. The LCD products it offers include TFT, TN, Color TN with Black Mark (TN type LCD display for onboard machines), STN, FSTN, 65K color, and 262K color or above CSTN, COG, COF, and TAB modules.

In its early days, Innolux attached great importance to researching and developing new products. Mobile phones, portable and mounted DVD players, digital cameras, games consoles, PDA LCDs, and other star products were put into mass production and quickly captured the market, winning the company considerable market share.

Looking forward to the future, the group of photoelectric will continue to deep LCD display field, is committed to the development of plane display core technology, make good use of global operations mechanism and depth of division of labor, promise customers high-quality products and services, become the world"s top display system suppliers, in 2006 in the global mobile phone color display market leader, become "Foxconn technology" future sustained rapid growth of the engine.

Founded in June 1998, Hannstar specializes in producing thin-film transistor liquid crystal display panels, mainly for use in monitors, notebook displays and televisions. It was the first company in Taiwan to adopt the world’s top ultra-wide perspective technology (AS-IPS).

The company has three LCD factories and one LCM factory. It has acquired state-of-the-art TFT-LCD manufacturing technology, which enables it to achieve the highest efficiency in the mass production of thin-film transistor liquid crystal display production technology. Its customers include many of the biggest and most well-known electronics companies and computer manufacturers in Taiwan and overseas.

In 2002, it signed an IPS patent authorization contract with Hitachi of Japan and started to plan a 5th-generation plant to make the product line more complete and meet the needs of different customers.

TCL CSOT – short for TCL China Star Optoelectronics Technology (TCL CSOT) – was founded in 2009 and is an innovative technology enterprise that focuses on the production of semiconductor displays. As one of the global leaders in semiconductor display market, it has bases in Shenzhen, Wuhan, Huizhou, Suzhou, Guangzhou, and India, with nine panel production lines and five large modules bases.

TCL CSOT actively produces Mini LED, Micro LED, flexible OLED, printing OLED, and other new display technologies. Its product range is vast – including large, medium, and small panels and touch modules, electronic whiteboards, splicing walls, automotive displays, gaming monitors, and other high-end display application fields – which has enabled it to become a leading player in the global panel industry.

In the first quarter of 2022, TCL CSOT’s TV panels ranked second in the market, 55 inches, 65 " and 75 inches second, 8K, 120Hz first, the first, interactive whiteboard and digital sign plate; LTPS flat panel, the second, LTPS and flexible OLED fourth.

EDO (also known as EverDisplay Optonics) was founded in October 2012 and focuses on the production of small- and medium-sized high-resolution AMOLED semiconductor display panels.

The company opened its first production line – a 4.5-generation low-temperature polysilicon (LTPS) AMOLED mass production line – in 2014, which started mass producing AMOLED displays in November 2014.

In order to ramp up production output, the company began construction of a 6th-generation AMOLED production line in December 2016, with a total investment of 27.3 billion yuan (almost $4 billion USD). The line, which has a production capacity of 30,000 glass substrates per month, produces flexible and rigid high-end AMOLED displays for use in smartphones, tablet pens, vehicle displays, and wearable devices.

Tianma Microelectronics was founded in 1983 and listed on the Shenzhen Stock Exchange in 1995. It is a high-tech enterprise specializing in the production of liquid crystal displays (LCD) and liquid crystal display modules (LCM).

After more than 30 years of development, it has grown into a large publicly listed company integrating LCD research and development, design, production, sales, and servicing. Over the years, it has expanded by investing in the construction of STN-LCD, CSTN-LCD, TFT-LCD and CF production lines and module factories across China (with locations in Shenzhen, Shanghai, Chengdu, Wuhan and Xiamen), as well R&D centers and offices in Europe, Japan, South Korea and the United States.

The company"s marketing network is all over the world, and its products are widely used in mobile phones, MP3/MP4 players, vehicle displays, instrumentation, household appliances, and other fields. In terms of technical level, product quality, product grade, and market share, it ranks at the forefront of the domestic industry and has become a leading enterprise in the field of small- and medium-sized displays.

JDI (Japan Display Inc.) was established on November 15, 2011, as a joint venture between the Industrial Innovation Corporation, Sony, Hitachi, and Toshiba. It is dedicated to the production and development of small-sized displays. It mainly produces small- and medium-sized LCD display panels for use in the automotive, medical, and industrial fields, as well as personal devices including smartphones, tablets, and wearables.

Although Sony’s TVs use display panels from TCL CSOT (VA panel), Samsung. Sony still produces the world’s best micro-OLED display panels. Sony has many micro OLED model such as 0.23 inch, 0.39 inch, 0.5 inch, 0.64 inch, 0.68 inch, 0.71 inch. Panox Display used to test and sell many of them, compare to other micro OLED manufacuturers, Sony`s micro OLEDs are with the best image quality and highest brightness (3000 nits max).

Flat-panel displays are thin panels of glass or plastic used for electronically displaying text, images, or video. Liquid crystal displays (LCD), OLED (organic light emitting diode) and microLED displays are not quite the same; since LCD uses a liquid crystal that reacts to an electric current blocking light or allowing it to pass through the panel, whereas OLED/microLED displays consist of electroluminescent organic/inorganic materials that generate light when a current is passed through the material. LCD, OLED and microLED displays are driven using LTPS, IGZO, LTPO, and A-Si TFT transistor technologies as their backplane using ITO to supply current to the transistors and in turn to the liquid crystal or electroluminescent material. Segment and passive OLED and LCD displays do not use a backplane but use indium tin oxide (ITO), a transparent conductive material, to pass current to the electroluminescent material or liquid crystal. In LCDs, there is an even layer of liquid crystal throughout the panel whereas an OLED display has the electroluminescent material only where it is meant to light up. OLEDs, LCDs and microLEDs can be made flexible and transparent, but LCDs require a backlight because they cannot emit light on their own like OLEDs and microLEDs.

Liquid-crystal display (or LCD) is a thin, flat panel used for electronically displaying information such as text, images, and moving pictures. They are usually made of glass but they can also be made out of plastic. Some manufacturers make transparent LCD panels and special sequential color segment LCDs that have higher than usual refresh rates and an RGB backlight. The backlight is synchronized with the display so that the colors will show up as needed. The list of LCD manufacturers:

Organic light emitting diode (or OLED displays) is a thin, flat panel made of glass or plastic used for electronically displaying information such as text, images, and moving pictures. OLED panels can also take the shape of a light panel, where red, green and blue light emitting materials are stacked to create a white light panel. OLED displays can also be made transparent and/or flexible and these transparent panels are available on the market and are widely used in smartphones with under-display optical fingerprint sensors. LCD and OLED displays are available in different shapes, the most prominent of which is a circular display, which is used in smartwatches. The list of OLED display manufacturers:

MicroLED displays is an emerging flat-panel display technology consisting of arrays of microscopic LEDs forming the individual pixel elements. Like OLED, microLED offers infinite contrast ratio, but unlike OLED, microLED is immune to screen burn-in, and consumes less power while having higher light output, as it uses LEDs instead of organic electroluminescent materials, The list of MicroLED display manufacturers:

LCDs are made in a glass substrate. For OLED, the substrate can also be plastic. The size of the substrates are specified in generations, with each generation using a larger substrate. For example, a 4th generation substrate is larger in size than a 3rd generation substrate. A larger substrate allows for more panels to be cut from a single substrate, or for larger panels to be made, akin to increasing wafer sizes in the semiconductor industry.

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BOE Technology Group Co., Ltd., or Jingdongfang (Chinese: 京东方科技集团股份有限公司), is a Chinese electronic components producer founded in April 1993. Its core businesses are interface devices, smart IoT systems and smart medicine and engineering integration.LCD, OLEDs and flexible displays.

In April 1993, Beijing Oriental Electronics Group Co., Ltd was founded by Wang Dongsheng. In 1997, it listed B shares on the Shenzhen Stock Exchange. In 2001, Beijing Oriental Electronics was renamed BOE Technology Group Co., Ltd. BOE acquired SK Hynix"s STN-LCD and OLED businesses for US$22.5 million.flat-panel display businesses for US$380 million.

In 2009, BOE Energy Technology Co., Ltd was founded to enter the photovoltaics industry. In 2010, BOE acquired Suzhou Gaochuang Electronics" Taipei Display Research Center and AIO Manufacturing Plant.

In 2011, BOE established a Japan branch and R&D center in Tokyo. In 2012, BOE established an American branch and R&D center in Santa Clara in Silicon Valley, California. In 2014, BOE established a subsidiary in Frankfurt, Germany. In 2015, BOE acquired OASIS International Hospital.

In 2017, BOE established its Middle East Branch in Dubai and set up a subsidiary based in São Paulo, Brazil. BOE also announced its plan to build a hospital in Chengdu which will be opened in late 2020. BOE announced a long-term agreement with Universal Display Corporation, UDC will supply phosphorescent OLED materials to BOE.LG Display still lead in terms of area shipment.

In 2018, BOE acquired SES-imagotag for €200 million.Kopin Corporation and Olightek for OLED micro-displays manufacturing.Huawei Mate 20 Pro is the first flagship tier smartphone with an AMOLED sourced from BOE (also sourced from LG Display).

In 2019, BOE formed a joint venture with Rohinni for MicroLED and mini LED backlighting manufacturing.Hisense announced its U9E TVs featuring dual LCD panels which Hisense said exceeds OLED TVs in brightness, color gamut and color accuracy. Its panels are produced by BOE.Huawei Mate X scheduled for release in Q4 2019 reportly has a foldable OLED from BOE.Samsung Displays.flat-panel display producer.Huawei to research cameras under OLEDs.LG Display and Tianma as OLED supplier for LG Electronics smartphones in 2020.Apple beginning in 2021 for the iPhone.

On February 1, 2022, the company announced they had developed the world’s fastest gaming monitor with a 500Hz refresh rate. The prototype 27-inch monitor has a resolution of 1080p.

In 2021, WIPO’s annual World Intellectual Property Indicators report ranked BOE Technology"s number of patent applications published under the PCT System as 7th in the world, with 1,892 patent applications being published during 2020.

BOE has manufacturing facilities located in Beijing, Hefei, Chengdu, Chongqing, Fuzhou, Mianyang, Wuhan, Kunming, Suzhou, Ordos and Gu"an. BOE has global marketing and R&D centers in 19 countries, such as Japan, South Korea, Singapore, the United States, Germany, the United Kingdom, France, Switzerland, India, Russia, Brazil and Dubai.

As a Zhongguancun enterprise, BOE has always adhered to technology-driven innovation. According to statistics, BOE"s 2018 shipments of LCD TV panels exceeded that of,LG Display Co, one of the world"s biggest manufacturers of display panels used in smartphones and televisions, ranking first in the world that year.

"The display shipments of BOE increased by 24 percent year-on-year in 2018, and its dispatch area increased by 45 percent year-on-year, which is the highest growth among the top five panel makers in the world," According to Sigmaintell Consulting analysts, who added that BOE achieved remarkable results in 2018: the world"s first 10.5 generation TFT-LCD mass production line was put into operation, and its TV panel production capacity increased by over 40 percent.

Meanwhile, BOE"s product structure continues to optimize production of large TV displays. Screens of 55, 65 and 75 inches increased sharply, and BOE"s market share of 75-inch TV displays tops in the world.

Global shipments of LCD TV panels in the first quarter of 2018 [Photo provided to chinadaily.com.cn]BOE accelerated its technology upgrading and achieved a new breakthrough in liquid crystal display technology in 2018. By applying megapixel partitioning technology, BOE 4K display achieved a 100,000-level ultra-high dynamic contrast ratio, with a color depth up to 12bits, so that the LCD display perfectly shows the ultra high definition display effect.

Recently, the US patent service agency IFI Claims released the 2018 US statistics report on patent authorization. BOE"s global ranking had jumped to 17th, with patents granted in America reaching 1,634, an increase of 16 percent. BOE is now the fastest-growing company among the TOP 20 enterprises listed by IFI Claims.

The 2018 US statistics report on patent authorization released by IFI Claims. [Source: IFI CLAIMS official website]Innovation is the only path on which companies can survive and succeed. Since its founding, BOE has always maintained its respect for technology and innovation and has ranked first in the industry for patent applications for consecutive years.

In 2018, BOE added 9,958 new patent applications, 90 percent of them invention patents and 38 percent overseas patents covering the United States, Europe, Japan, South Korea and other countries and regions. The total number of patents held by the company exceeds 70,000.

BOE has not only become one of two Chinese companies included in the US IFI Claims TOP 50, but has also been the top ten in patent ranking by the World Intellectual Property Organization (WIPO) for many years.

There seems to be only air in front of you, but a clear and colorful picture suddenly appears. The transparent display of the waveguide has a transmission rate of over 80 percent.

Without using light plates, polarizers and color film, the light is transmitted and diffused through the total reflection of the waveguide. Compared with existing transparent display technology, the transparent display of the waveguide can transmit clearer pictures and reduce costs.

Full HD driver monitors combine AI algorithms, sensors, displays, cameras and other innovations to sense drivers’ physical condition and alert them when they are fatigued, thus reducing traffic accidents.

The "4317 full-spine flat-panel detector" is the world"s first and largest flat-panel detector for full-body scanning. It takes a one-time shot to obtain a complete human spine image, which avoids the patient"s exposure to accumulated X-ray doses and greatly reduces radiation damage.

The dynamic ECG recorder is a medical product of BOE. It can collect ECG waveforms, obtain doctors" diagnoses online, and quickly find ECG abnormalities. The intelligent clinics include an AI general practitioner system and an intelligent clinic information system that can make intelligent diagnoses and assist doctors in treatment.

Over a decade ago, due to the lack of core technologies in the field of semiconductor displays, China"s electronic information industry was shrouded in the shadow of the "lack of LCD screens", and was even unable to independently manufacture a complete LCD TV.

Acquisition of Hyundai Electronics" LCD panel businesses gave Chinese semiconductor companies a chance to break through technological limitations. [Photo provided to chinadaily.com.cn]A group of semiconductor companies like BOE seized the opportunity to acquire Hyundai Electronics" LCD panel businesses. After digesting, absorbing and re-innovating, the companies mastered liquid crystal display technology and ended the dependence on imports in the Chinese semiconductor and display industries.

"Our growth in these years can be summarized in one sentence:" It is the respect for technology and the persistence of innovation that constitutes our core values."" said Wang Dongsheng, founder and chairman of BOE, who added that "Having technologies doesn"t mean victory; but without technologies, failure is unavoidable. To keep up with latest technologies for 30 years, technological innovation can"t be neglected."

STONE Technologies is a proud manufacturer of superior quality TFT LCD modules and LCD screens. The company also provides intelligent HMI solutions that perfectly fit in with its excellent hardware offerings.

There is also a downloadable design software called STONE Designer. This is a completely free GUI design software you can use to create responsive digital module-ready user interfaces.

STONE TFT LCD modules come with a microcontroller unit that has a 1GHz Cortex-A8 CPU. Such a module can easily be transformed into an HMI screen. Simple hexadecimal instructions can be used to control the module through the UART port. Furthermore, you can seamlessly develop STONE TFT LCD color user interface modules and add touch control, features to them.

You can also use a peripheral MCU to serially connect STONE’s HMI display via TTL. This way, your HMI display can supply event notifications and the peripheral MCU can then execute them. Moreover, this TTL-connected HMI display can further be linked to microcontrollers such as:

Becoming a reputable TFT LCD manufacturer is no piece of cake. It requires a company to pay attention to detail, have excellent manufacturing processes, the right TFT display technology, and have a consumer mindset.

Now, we list down 10 of the best famous LCD manufacturers globally. We’ll also explore why they became among the top 10 LCD display Manufacturers in the world.

BOE Technology Group Co., Ltd., founded in April 1993, is an IoT company providing intelligent interface products and professional services for information interaction and human health. BOE’s three core businesses are Interface Devices, Smart IoT Systems, and Smart Medicine & Engineering Integration.

Interface Devises Business includes Display and Senor, Sensor, and Application Solutions. As a leading company in the global semiconductor display industry, BOE has made the Chinese display industry develop from scratch to maturity and prosperity. Now, more than one-quarter of the global display panels are made by BOE, with its UHD, flexible display, microdisplay, and other solutions broadly applied to well-known worldwide brands.

Smart IoT Systems Business includes Intelligent Manufacturing Services, IoT Solution, and Digital Art IoT Platform. BOE provides integrated IoT solutions in smart retail, smart finance, digital art, business office, smart home, smart transportation, smart education, smart energy, and other fields. In the field of digital art, BOE has launched its digital art IoT solution – BOE iGallery, realizing the perfect combination of technology and art. For smart retail, BOE provides IoT solutions in price management, shelf management, and customer behavior analysis to achieve seamless online and offline convergence.

Smart Medicine & Engineering Integration Business includes Mobile Healthcare IoT Platform and Smart Healthcare Services. BOE has launched mobile platforms for healthcare management, based on AI and big data algorithms, to provide personalized medical treatment and health management services for users. Healthcare services combine medical, information, AI, cell engineering, and other technologies, focusing on the digital hospital, digital human body and regenerative medicine, etc., and is committed to developing comprehensive and life-cycle health management solutions.

In 2019, BOE’s yearly new-patent applications amounted to 9657, of which over 90% are invention patents, amounting to over 70,000 usable patents in total. Data from IFI Claims also shows that BOE has ranked 13th among the Top 50 USPTO (The United States Patent and Trademark Office), Patent Assignees, in 2019. According to the 2019 International PCT Applications of WIPO, BOE ranked No.6 with 1,864 applications.

BOE has manufacturing bases located in Beijing, Hefei, Chengdu, Chongqing, Fuzhou, Mianyang, Wuhan, Kunming, Suzhou, Ordos, Gu’an, etc. BOE boasts a global marketing and R&D centers in 19 countries and regions like the United States, Germany, the United Kingdom, France, Switzerland, Japan, South Korea, Singapore, India, Russia, Brazil, and Dubai, with its service networks covering the world’s major areas such as Europe, America, Asia, and Africa.

LG Display is a leading manufacturer of thin-film transistor liquid crystal displays (TFT-LCD) panels, OLED, and flexible displays.LG Display began developing TFT-LCD in 1987 and currently offers Display panels in a variety of sizes and specifications using different cutting-edge technologies (IPS, OLED, and flexible technology).

Samsung Electronics is South Korea’s largest electronics industry and the largest subsidiary of the Samsung Group. In the late 1990s, Samsung Electronics’ independent technology development and independent product innovation capabilities were further enhanced. Its product development strategy not only emphasizes “leading the technology but also using the most advanced technology to develop new products to meet the high-end market demand at the introduction stage”.In addition to the matching principle, it also emphasizes the principle of “leading technology, developing new products with the most advanced technology, creating new demand and new high-end market”.

Founded in 2003, Innolink listed its shares in Taiwan in 2006. In March 2010, it merged with Chi Mei Optoelectronics and Tong Bao Optoelectronics, the largest merger in the panel industry. Qunchuang is the surviving company and Chi Mei Electronics is the company name. In December 2012, it was renamed As Qunchuang Optoelectronics.

With innovative and differentiated technologies, QINNOOptoelectronics provides advanced display integration solutions, including 4K2K ultra-high resolution, 3D naked eye, IGZO, LTPS, AMOLED, OLED, and touch solutions. Qinnooptoelectronics sets specifications and leads the market. A wide range of product line is across all kinds of TFT LCD panel modules, touch modules, for example, TV panel, desktop and laptop computer monitor with panels, small and medium scale “panels, medical, automotive, etc., the supply of cutting-edge information and consumer electronics customers around the world, for the world TFT – LCD (thin-film transistor liquid crystal display) leading manufacturers.

AU Optronics Co., LTD., formerly AU Optronics Corporation, was founded in August 1996. It changed its name to AU Optronics after its merger with UNIOPtronics in 2001. Through two mergers, AU has been able to have a full range of generations of production lines for panels of all sizes.Au Optronics is a TFT-LCD design, manufacturing, and r&d company. Since 2008, au Optronics has entered the green energy industry, providing customers with high-efficiency solar energy solutions.

Sharp has been called the “father of LCD panels”.Since its founding in 1912, Sharp developed the world’s first calculator and LIQUID crystal display, represented by the living pencil, which was invented as the company name. At the same time, Sharp is actively expanding into new areas to improve people’s living standards and social progress. Made a contribution.

Sharp is committed to creating a unique company, creating life in the 21st century through unparalleled “originality” and “sophistication”, and is a sales company, operating video, home appliances, mobile phones, and information products throughout the major cities of the country. Establish a business point, establish a perfect after-sale service network, satisfy consumer demand.

BYD IT products and businesses mainly include rechargeable batteries, plastic mechanism parts, metal parts, hardware electronic products, cell phone keys, microelectronics products, LCD modules, optoelectronics products, flexible circuit boards, chargers, connectors, uninterruptible power supplies, DC power supplies, solar products, cell phone decoration, cell phone ODM, cell phone testing, cell phone assembly business, notebook computer ODM, testing and manufacturing and assembly business, etc.

Toshiba is a famous multinational company with a history of 130 years. It covers a wide range of businesses, including social infrastructure construction, home appliances, digital products, and electronic components. It covers almost every aspect of production and life. Toshiba has the largest research and development institution in Japan. Through unremitting innovation and development, Toshiba has been at the forefront of science and technology in the world.

From the introduction of Japan’s original washing machines, refrigerators, and other household appliances, to the world’s first laptop, the first 16MB flash memory, the world’s smallest 0.85-inch HDDs; Create advanced HDDVD technology; Toshiba created many “world firsts” in the research and manufacture of new SED displays and contributed to changing people’s lives through constant technological innovation.

Tianma microelectronics co., LTD., founded in 1983, the company focus on smartphones, tablets, represented by high order laptop display market of consumer goods and automotive, medical, POS, HMI, etc., represented by professional display market, and actively layout smart home, intelligent wear, AR/VR, unmanned aerial vehicles (UAVs) and other emerging markets, to provide customers with the best product experience.IN terms of technology, the company has independently mastered leading technologies such as LTPS-TFT, AMOLED, flexible display, Oxide-TFT, 3D display, transparent display, and in-cell/on-cell integrated touch control. TFT-LCD key Materials and Technologies National Engineering Laboratory, national enterprise Technology Center, post-doctoral mobile workstation, and undertake national Development and Reform Commission, The Ministry of Science and Technology, the Ministry of Industry and Information Technology, and other major national thematic projects. The company’s long-term accumulation and continuous investment in advanced technology lay the foundation for innovation and development in the field of application.

Monitor Display Panel BOE monitor display panels cover a full range of products from 18.5 inches to 43 inches, with high image quality, wide viewing angles, high refresh rate, low power consumption, a borderless design, and other features. Resolution of up to 8K can be achieved. The products are widely used in entertainment, office, professional design, and other fields.

BOE, a Chinese display maker, takes top position in terms of large TFT-LCD display unit shipments in January 2017, according to IHS Markit (Nasdaq: INFO). For the first time ever, a Chinese display maker, taking a total share of 22.3 percent in unit shipments, is displacing South Korea’s display makers, the historical leaders in shipment volumes.

“BOE has been aggressively attacking the IT display market in shipment volumes at a time when top-tier panel makers started to turn focus away from this segment,” said Robin Wu, principal analyst of large display at IHS Markit.

BOE now takes number one position in larger-than-9-inch displays for tablets, notebook PCs and monitors in terms of unit shipment. In particular, notebook PC displays showed BOE taking a 29 percent share further widening the gap with the number two supplier Innolux, which took a 20 percent share. Meanwhile, the number one supplier for TV application is still LG Display with 21.4 percent followed by Innolux with 16.3 percent and BOE with 15.9 percent.

However, the South Korean panel makers are still holding their lead in terms of area shipment with LG display taking top position with 24.8 percent share followed by Samsung Display and Innolux, according to the latest Large Area Display Market Trackerby IHS Markit.

“South Korean panel makers still retain their advantage in large-sized TVs, a higher-demand segment that has benefited from increasing UHD TV penetration and consumer migration to TVs with larger screens. IHS Markit expects South Korean panel makers, known for their operational and technical strengths in large-size TV display manufacturing, will stay ahead of their Chinese competitors in terms of area shipments for the time being,” Wu said.

“That said, 2017 could be the year the Chinese display makers begin focusing on enriching their product portfolio, and make a play into the Korea’s strong hold for large-size TV displays,” he said.

According to latest IHS Markit Large Area Display Market Tracker, shipments of large-area TV panels decreased by 11 percent month-on-month (m/m), but increased by 4 percent year-on-year (y/y) to 51.7 million units in January 2017.

On an area basis, large panel shipments decreased by 8 percent m/m, but increased by 11 percent y/y in January 2017. Shipment area for LCD TV panels declined 7 percent m/m, due to seasonality but rose 11 percent y/y.

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