Xu Dong Optoelectronics, formerly known as Gemstone A, was once a well-known CRT glass shell manufacturer of color TV in China. A few years later, due to the upgrading of technology, the traditional CRT color TV was impacted by the flat panel display, which led to the dilemma of the traditional CRT color TV, and GEM A lost money for many years. But then, the company began to reorganize Gemstone A, renamed it Xu Dong Optoelectronics, and began to transform from CRT production to LCD glass substrate production.
2.BOE's production capacity began to be released.
While maintaining technological breakthroughs, the company also has great demand in the LCD panel market. Subsequently, BOE A and Xu Dong Optoelectronics announced the signing of a comprehensive strategic cooperation agreement at the same time, which will develop business cooperation in the fields of LCD glass substrates, industry and technology, and continuously expand the brand influence and reputation.
3. Good support supported by independent industrial policies
On the basis of technological breakthrough and capacity release, from the market level, industrial policies are also actively supporting and encouraging the independent development of domestic glass substrates. With the development planning of strategic emerging industries, more and more attention has been paid to the localization of panel raw materials and core equipment. As a key raw material, the demand for domestic substitution of glass substrates is imminent, and industrial policies will strongly support the development and growth of local glass substrate industry.