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

CTOnews.com, December 18, according to the records of investor relations activities disclosed by BOE this week, BOE said on a conference call about the supply chain that by 2021, the company had about 5200 suppliers worldwide, with a supply chain localization rate of 72%. It has advantages in supply security, cost control and trade risk dimensions, and is highly competitive in the industry.

BOE said that in addition to maintaining a good cooperative relationship with suppliers, the company also jointly developed industry-leading technologies by building joint experimental platforms with customers, suppliers and scientific research institutions. Through technology iteration to replace some key parts, effectively reduce supply risk. At the same time, the company continues to actively lay out the industrial chain in order to promote the sustainable development of the industrial chain. At present, the company has helped dozens of upstream materials and equipment partners to grow rapidly and healthily through their own and industrial funds.

In terms of MLED, BOE said that according to the National 14th five-year Plan, the state will vigorously support the development of the new display industry, and the Mini / Micro display is recognized by the industry as one of the next generation of new displays. In order to speed up the transformation of the Internet of things, implement the "Internet of things" strategy, optimize and integrate the "114N + ecological chain" business framework, MLED business is an important part of it, and is an important platform for BOE layout for the next generation display.

CTOnews.com learned that after the company becomes the controlling shareholder of Huacan, it will strengthen the coordination between the two sides with upstream and downstream resources and industry coordination, effectively integrate production, supply and marketing resources, empower the industrial chain, enrich product structure, enhance product competitiveness, expand application markets, and speed up Mini / Micro LED cutting-edge technology research and development and product landing through BOE's technology, management and resource advantages. Huacan Optoelectronics is a leading supplier of LED chips and advanced semiconductor solutions in the industry. The core technology of Mini / Micro LED chips can form the technical cornerstone of BOE MLED business strategy together with BOE's advanced semiconductor display technology and high-speed transfer technology.

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