Perhaps ordinary people don't understand that after more than ten years of exploration and development, BOE has become the largest LCD manufacturer in China, and with the gradual closure of LCD business of Korean panel manufacturers, BOE's market share is expected to further increase in the future. In fact, BOE's performance mainly benefits from the high prosperity of the panel industry. It can be seen that not only BOE but also TCL have made great profit growth.
Some organizations pointed out that although new technologies continue to include organic light emitting diodes and MiniLED, the market demand for LCD has not changed in the short term, especially for new energy vehicles. Automobile companies generally begin to use liquid crystal displays as the standard of automobiles, and BOE's performance is expected to be further improved in the future.
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However, with the gradual maturity of LCD panel industry, the high moat formed by high generation and high investment has gradually prevented the transfer of LCD panel industry, and the impact of a single production line on the whole industry has become smaller and smaller. At present, the production capacity of an 8.5 generation line only accounts for 3%-4% of the global production capacity. The difference between this panel market and history is that there will not be a large number of new production lines and potential new entrants in the future, and the supply will be stable for a long time. With the gradual withdrawal of Hanchang 8th Generation Line, the market share of mainland manufacturers will further increase, playing an absolute leading role in the market, and it is highly certain to maintain high profits for a long time.