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BOE: LCD TV crop rate is expected to slowly increase in Q1 with the overall price increase

BOE said in the investor interactive platform, with the demand side TV panel procurement stock gradually recovering, the company actively practice on-demand production, the first quarter LCD TV crop rate is expected to comprehensive price increase slowly.

BOE

It is learned from BOE data that BOE’s flexible OLED business basically completed its annual shipment target in 2022, maintaining a year-on-year growth of more than 30 percent. BOE pointed out that in 2023, with the continued growth of the company’s flexible OLED business, as well as the continued increase in client share, the company’s flexible OLED product shipments are expected to continue to maintain significant growth.

In terms of production lines, BOE said the company has 17 semiconductor display production lines (one under construction) in Beijing, Chengdu, Mianyang, Hefei, Ordos, Chongqing, Fuzhou, Wuhan, Kunming and Nanjing, including eight high-generation lines, including six 8.X generation lines and two 10.5 generation lines; three sixth-generation flexible OLED production lines; in addition, it also has one silicon-based OLED production line and In addition, BOE has 1 silicon-based OLED production line and 1 sixth-generation new semiconductor display device production line (under construction).

In terms of the supply chain, BOE said the company attaches great importance to supply chain security construction, maintains good cooperation with thousands of suppliers worldwide, and actively promotes the localization and localization of raw materials to reduce raw material costs and supply chain risks. At the same time, the company continues to actively layout in the industrial chain to promote better and sustainable development of the industrial chain. At present, the company has helped dozens of upstream material and equipment partners to grow rapidly and healthily through itself and industrial funds.

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