BOE: Flexible AMOLED shipment target this year exceeds 160 million pieces

News from this website on April 3, BOE’s latest research minutes show that the company’s flexible AMOLED shipments have maintained substantial growth in recent years. In 2023, flexible AMOLED shipments will be nearly 120 million pieces, a year-on-year increase of nearly 50%. Set a new high in single-year shipments.

BOE said that the company’s flexible AMOLED shipment target in 2024 will continue to grow compared to last year, with an expected increase of more than 30%, and it will continue to increase the proportion of high-end applications and brand customers, with a total volume of more than 160 million pieces.

BOE said that the shipment volume of discount and LTPO products in the mobile phone market will increase rapidly in 2023, with LTPO products becoming the mainstream choice for high-end flagship mobile phones; the company's flexible AMOLED products have a unique advantage in discount, LTPO and other high-end flagship mobile phone products. Strong competitive advantage, with shipments ranking at the forefront of the industry.

BOE’s 2023 financial report shows that the company’s revenue in 2023 will be approximately 174.543 billion yuan, a year-on-year decrease of 2.17%; net profit attributable to shareholders of listed companies About 2.547 billion yuan, a year-on-year decrease of 66.22%; basic earnings per share was 0.06 yuan, a year-on-year decrease of 68.42%.

From January to June 2023, BOE’s operating revenue composition is as follows: display device business accounts for 84.66%, Internet of Things innovation business accounts for 21.72%, smart health services account for 1.69%, and MLED business accounts for 0.57 %, and the sensor and solution business accounted for 0.23%.

As of 2023, BOE has accumulated more than 90,000 independent patent applications. Among the annual new patent applications, over 90% are invention patents and over 33% are overseas patents.

Beijing time at the end of last month, BOE’s first domestic and first global 8.6th generation AMOLED production line project was officially laid in Chengdu. The total investment of the project is approximately 63 billion yuan. It is a single investment in the history of Sichuan’s industrial development. The largest manufacturing project.

The website inquired about public information and learned that BOE’s 8.6th generation AMOLED production line project plans to cover an area of ​​about 1,400 acres, with a designed production capacity of 32,000 glass substrates per month. It mainly produces high-end touch panels for smart terminals such as laptops and tablets. control OLED display.

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