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BOE beats LG in large display unit shipment

Updated : 2017-03-07
( chinadaily.com.cn )

BOE, a Chinese display maker, has taken the global top spot in terms of large TFT-LCD display unit shipments in January, according to IHS Markit, a world leader in analytics and information.

For the first time ever, a Chinese display maker, with a share of 22.3 percent of worldwide unit shipments, displaces South Korea's display makers such as LG, the historical leaders in shipment volumes.

BOE beats LG in large display unit shipment

BOE takes first in terms of the large TFT-LCD display unit shipments in January 2017. [Photo/HIS Markit]

"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, a principal analyst of large displays at IHS Markit.

According to IHS Markit, BOE sold more than 30 million units of small and medium-sized LCD panels in January alone, and tripled the shipments in incell and oncell panels thanks to technology breakthroughs.

BOE also 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.

Sigmaintell Consulting, another panel industry consultancy, said that BOE has obtained stable clients from home and abroad and will witness even more orders in the second quarter.

BOE beats LG in large display unit shipment
BOE is targeting the market for bendable OLED panels. [Photo/qianlong.com]

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