BOE, a renowned smartphone display manufacturer, is the largest LCD panel supplier in the world but has plans to cease further investments in the area. As the popularity of OLED displays grows, even more, the company is planning on increasing its production capacity for the same.
LCD panels prices have been plummeting as even more smartphone manufacturers adopt the OLED panel. In South Korea, China and Taiwan, the production of the display technology has been ceased effectively. This, in turn, will see BOE suffer from heavy losses due to lack of orders or oversupply. Currently, smartphones with OLED displays are more popular in mid to premium grade handsets, with even entry level devices expected to soon adopt the technology as well.
Thus, BOE is launching the OLED production lines this year which will essentially boost its manufacturing capacity by more than 200 percent. Recently, the company has heavily invested in three OLED production lines in China. The first is in Chengdu which is also the first flexible AMOLED production line within China. It will produce the sixth generation of AMOLED displays and will reach a full production capacity of manufacturing 48,000 units every month.
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The second is in Sichuan and will start shipping AMOLED display units by July 2020 and is currently raising production capacity. The third facility is in Chongqing, which had a massive 46.5 billion Yuan investment and will be completed later this year. The production capacity of this is also expected to reach 48,000 units per month volume.
According to BOE, the production capacity of its new OLED panels will be around 70 million units in 2020. Out of this number, about 20 million are said to be flexible OLED displays. This number will reportedly bump up the company’s global market share in the field to 18 percent. Notable clients of BOE OLED displays include Huawei, Oppo, Vivo and more. Even Apple is said to be considering the supply of OLED displays for its 2020 lineup of iPhones as the company already supplies LCD panels for its iPads and Macbooks.
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(Via)
