Shulou(Shulou.com)11/24 Report--

CTOnews.com news on November 9, BOE released its financial results at the end of last month and revealed some actions in MOLED. It also plans to invest in the construction of a sixth-generation semiconductor display device production line project using LTPO technology in Beijing Economic Development District, with a total investment of about 29 billion yuan.

BOE A released a record of investor relations activities on Monday. On November 6, 2022, the company surveyed 243 institutions, including QFII, insurance companies, others, fund companies, overseas institutions, securities companies and sunshine private equity firms, among which there were some topics of interest.

BOE said that the company has carried out a long-term and comprehensive layout of technology and product research and development around Micro LED, including Micro LED chips, pixel devices, micro-display screens, mass transfer and so on. Among them, Micro LED chip products have been verified by many leading enterprises in terms of wavelength uniformity, performance, yield and so on, and have been continuously supplied in small quantities.

It is said that the BOE Micro LED pixel device has just been lit on the screen in October and is expected to be produced on a small scale next year; the micro display screen for AR near-eye display uses the more advanced wafer integration process in the industry, and has also realized the dynamic screen display of the sample screen. With the joint development of a large amount of technology transfer and equipment manufacturers, the yield continues to improve and is progressing smoothly.

CTOnews.com learned that BOE currently has the highest LCD panel production capacity in the world and has a deep layout in the direction of Mini LED and Micro LED technology.

A few days ago, both BOE An and Huacan Optoelectronics announced that the former intends to become the latter's new controlling shareholder by participating in the latter and by entrusting a major shareholder with the right to vote. BOE can also spend nearly 2.1 billion yuan to acquire 23.08% of Huacan Optoelectronics.

According to reports, Huacan Optoelectronics, which BOE plans to hold, plans to use the additional funds raised for the Micro LED wafer manufacturing and packaging and testing base project (with a total investment of 2 billion yuan, with a planned investment of 1.75 billion yuan), as well as supplementary liquidity.

Beijing Oriental said that holding Huacan Optoelectronics (300323.SZ) will make up for the shortcomings of the key technologies of MLED business and speed up the layout of the whole industry chain of MLED.

It is understood that MLED (Mini / Micro LED) is a new display technology that has attracted much attention in the industry. In recent years, it has a strong momentum of development in backlight, outdoor large-size display and other fields. From the perspective of MLED industry as a whole, the three core technologies are Mini / MicroLED epitaxial / chip technology, active drive backplane technology and high-speed / mass transfer technology, which play a decisive role in key process optimization and product development iteration. Mastering the three core technologies is very important for industry enterprises to establish technical competition barriers.

TrendForce predicts that the market size of Mini LED direct display is about 48 billion yuan in 2022, and the market size is expected to reach 188.6 billion yuan by 2030, with a compound growth rate of 18%. The annual compound growth rate of MLED backlight applications is as high as 42%. The market size is expected to reach 121.8 billion yuan in 2030.

"BOE: revenue of 132.744 billion yuan in the first three quarters decreased by 19.45% compared with the same period last year, and net profit decreased by 73.75% over the same period last year."

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