The rescue of Apple is coming, BOE AMOLED is expected to produce in advance

Recently, BOE announced that the company expects the net profit for the first three quarters to be 6.2 billion to 6.5 billion yuan. Among them, the third quarter earnings were 1.897 billion yuan to 2.197 billion yuan. The data shows that this is BOE’s fifth consecutive quarterly growth. Since the rebound of LCD panel prices in mid-2016, BOE’s performance has also continued to grow from the third quarter of 2016. BOE AMOLED screen is expected to be produced in advance BOE said that the company's high value-added product introduction speed and the proportion of shipments have increased significantly. For example, the current strong mobile phone full screen, BOE's first full screen has been in volume production in July, has now successfully developed five full-screen products, Huawei, vivo, OPPO and other brand manufacturers. In addition, the sixth-generation flexible AMOLED production line in Chengdu is proceeding smoothly, and volume production is expected to be reached in advance. It is expected that the company's full-year profitability will stabilize at a relatively high level. Flexible OLED panels, starting from smart phones and extending to various types of consumer electronic terminals, are characterized by their thinness, flexibility, excellent toughness, and energy-saving characteristics. The future application areas will be even wider, and the turning point of the industry's outbreak will soon come. It is estimated that by 2022, the flexible smartphone panel market will reach 1 billion tablets, and the annual compound growth rate will be as high as 45%. BOE Flexible AMOLED Screen BOE has the mainland's first 6-generation flexible AMOLED production line, and the Chengdu 6th-generation flexible AMOLED production line will be officially released in October this year. The shipping products are high-end display products and are positioned in the high-end mobile phone market. The sixth-generation flexible AMOLED production line in Mianyang has also started construction. As these two flexible AMOLED production lines are put into production one after another, BOE has the ability to provide high quality flexible AMOELD screens for global brand mobile phone manufacturers.

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