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BOE: flexible AMOLED shipments in the first half of the year exceeded 50 million for the first time, an increase of nearly 80% over the same period last year.

2025-01-23 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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

Thanks to CTOnews.com netizens for the delivery of the trumpet of a salted fish! According to CTOnews.com news on July 14, BOE issued a forecast today that it is expected to achieve a net profit of 700 million to 800 million yuan in the first half of 2023, down 88 percent from the same period last year and 6.596 billion yuan in the same period last year.

▲ source BOE announcement in addition, BOE expects its net profit after deducting non-recurrent gains and losses in the first half of 2023 to be a loss of 1.5 billion-1.6 billion yuan, down 135% from the same period last year, compared with a profit of 4.239 billion yuan in the same period last year.

As for the reasons for the performance changes, BOE said that in the first half of 2023, the global macroeconomic situation was complex and changeable, and terminal consumer demand recovered slowly. The semiconductor display industry, led by the supply side, gradually came out of the trough and showed an upward trend in the first half of 2023. The profit situation of the company improved quarter by quarter after deducting non-profit in the first and second quarter of 2023, in which the income in the second quarter increased compared with the previous quarter, and the net profit after deducting non-recurring profit and loss achieved profit.

In terms of LCD, the company strictly implements the business strategy of "dynamic production control, production on demand", and continues to promote the healthy development of the industry. According to the consultancy data, since March 2023, the prices of LCD TV products have continued to rise, the prices of IT products have gradually stabilized, and the rebound has begun to emerge. While product prices are rising, the demand for inventory downstream of mainstream applications is gradually released, the demand for innovative applications such as intelligent cockpit, AR / VR, folding and other innovative applications is growing steadily, and the rational increase of production line growth rate has promoted the improvement of the company's performance.

As for OLED, although the overall shipments of smartphones in 2023 are not optimistic, the penetration of flexible AMOLED in smartphones continues to increase significantly. In the first half of the year, the company seized market opportunities and focused on high-end demand. Semi-annual flexible AMOLED shipments exceeded 50 million for the first time, an increase of nearly 80 percent over the same period last year. Taking into account the greater depreciation pressure and low-price competition in the low-end market, the profitability of the company's AMOLED-related business has improved but continues to be under pressure.

CTOnews.com previously reported that BOE said in May that it had targeted flexible AMOLED shipments of more than 120 million pieces in 2023.

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