BOE (BOE) Achieved Revenue Of 43.474 Billion Yuan In The First Half Of 2018

- Aug 28, 2018-

On August 27, 2018, BOE Technology Group released its semi-annual performance report for 2018. In the first half of the year, it achieved revenue of 43.474 billion yuan, and the net profit attributable to shareholders of listed companies was 2.975 billion yuan.

“In the first half of 2018, the overall performance of the global LCD panel market was sluggish. The large-size panel market such as TV panels was not as good as expected, and the average size and shipment area growth slowed down. As the sales season in the second half of the year comes, large-size demand will resume growth. The global panel market will pick up," said Qunzhi Consulting analyst. Although the market environment has brought certain challenges to manufacturers, BOE (BOE) further optimized the product structure. With the mass production of Hefei's 10.5th generation TFT-LCD production line, the proportion of large-size ultra-high-definition display shipments increased significantly, BOE ( BOE has cooperated with a number of color TV brands in 8K. At the same time, the flexible display products mass-produced in Chengdu's 6th generation flexible AMOLED production line have been applied to world famous brands.

 

According to global market research organization IHS data, in the first half of 2018, BOE (BOE) smartphone LCD display, tablet display, notebook display, display display, TV display and other five categories of products are ranked in the world. the first.

 

At the same time, BOE (Beijing Oriental) also provides integrated solutions for the Internet of Things in the fields of smart retail, digital art, smart transportation, smart home, and smart healthcare. BOE (BOE) combines online and offline new retail integration trends to provide smart retail IoT solutions to more than 15,000 stores in more than 55 countries around the world; digital art Internet of Things products BOE screen sales increased by 170%, new The number of users increased by 35,000, and the transaction volume of the works doubled. In terms of health services, BOE (BOE) mobile health products and services have provided users with personalized diagnosis and treatment and health management solutions. Hefei Digital Hospital will provide efficient and high-quality health care services for online and offline users in the second half of the year.

 

BOE (BOE) Vice President and Secretary-General Liu Hongfeng said: "With the continuous deepening of the transformation of the IoT, BOE has accelerated its display and sensing, smart systems and health services. The market will further recover in the second half of the year and provide industry development. A good external environment. It is expected that the company's annual revenue will be stable at a high level, and the global market position will be further enhanced."