MarketBOE Technology
Company Profile

BOE Technology

BOE Technology Group Co., Ltd., or Jingdongfang, is a Chinese electronic components producer founded in April 1993. Its core businesses are interface devices, smart IoT systems and smart medicine and engineering integration. BOE is one of the world's largest manufacturers of LCD, OLEDs and flexible displays.

History
The company's predecessor was a state-owned enterprise, Beijing Electron Tube Factory. Issued additional A shares in Shenzhen Stock Exchange. In 2003, BOE acquired SK Hynix's Hydis flat-panel display businesses for US$380 million. BOE built China's second 5th generation LCD production line in Beijing's Yizhuang Special Development Zone. In 2009, BOE Energy Technology Co., Ltd was founded to enter the photovoltaics industry. In 2010, BOE acquired Suzhou Gaochuang Electronics' Taipei Display Research Center and AIO Manufacturing Plant. In 2016, BOE acquired automotive displays maker Varitronix for RMB60.1 million. It set up a subsidiary in New Delhi, India. In 2017, BOE established its Middle East Branch in Dubai and set up a subsidiary based in São Paulo, Brazil. BOE also announced its plan to build a hospital in Chengdu which will be opened in late 2020. BOE announced a long-term agreement with Universal Display Corporation, UDC will supply phosphorescent OLED materials to BOE. According to IHS Markit, BOE became shipped the most displays larger-than-9-inch for tablets, notebook PCs and monitors. However LG Display still lead in terms of area shipment. BOE formed a joint venture with Kopin Corporation and Olightek for OLED micro-displays manufacturing. BOE established subsidiares in Jakarta, Indonesia and Johannesburg, South Africa. According to Sigmaintell Consulting, BOE overtook LG Display as the world's largest LCD TV and monitor producer with 54.3 million TV panels and 37.3 million monitor panels shipped. The Huawei Mate 20 Pro is the first flagship tier smartphone with an AMOLED sourced from BOE (also sourced from LG Display). In 2019, BOE formed a joint venture with Rohinni for MicroLED and mini LED backlighting manufacturing. Hisense announced its U9E TVs featuring dual LCD panels which Hisense said exceeds OLED TVs in brightness, color gamut and color accuracy. Its panels are produced by BOE. The Huawei Mate X scheduled for release in Q4 2019 reportly has a foldable OLED from BOE. According to IHS Markets, BOE had the second highest marketshare of the smartphone OLED panel market at 5.9%, only behind Samsung Displays. BOE will also surpass LG Display as the world's largest flat-panel display producer. BOE is reportedly in talks to replace LG Display and Tianma as OLED supplier for LG Electronics smartphones in 2020. BOE also became an OLED supplier for Apple beginning in 2021 for the iPhone. On February 1, 2022, the company announced they had developed the world's fastest gaming monitor with a 500 Hz refresh rate. The prototype 27-inch monitor has a resolution of 1080p. In 2023, the company was reportedly predicted to become the largest supplier of OLED display panels for the Apple iPhone 15 series according to Ming-Chi Kuo, a Taiwanese Apple analyst at TF International Security. In July 2025, a proposed National Defense Authorization Act named BOE for the United States Department of Defense to examine whether the company merits inclusion on a list of "Chinese military companies." ==Competitive position==
Competitive position
In the 2020s, China became the largest manufacturer of LCDs and Chinese firms had a 40% share of the global market. BOE is among the leading Chinese firms during this period. BOE Technology is one of the world's leading manufacturers of semiconductor products for telecommunications. == Operations ==
Operations
BOE has manufacturing facilities located in Beijing, Hefei, Chengdu, Chongqing, Fuzhou, Mianyang, Wuhan, Kunming, Suzhou, Ordos and Gu'an. BOE has global marketing and R&D centers in 19 countries, such as Japan, South Korea, Singapore, the United States, Germany, the United Kingdom, France, Switzerland, India, Russia, Brazil and Dubai. In Hefei, BOE has three production lines as of at least 2024. These production lines have helped the city attract further business in the electronics supply chain and have contributed to the city becoming one of China's main centers in the optoelectronic display industry. == Controversies ==
Controversies
On August 15, 2025, BOE faced a ban on its products' sale in the US after it lost a lawsuit filed by Samsung. The ITC has ruled to ban import of BOE's OLED panels into the US for the next 14 years and 8 months. In the lawsuit, BOE was found to be in breach of intellectual property rights against Samsung for its OLED displays. In March 2025, the US International Trade Commission (ITC) ruled that BOE and several aftermarket retailers in the United States had infringed on a number of Samsung Display's (SDC) AMOLED patents. The ITC reaffirmed this decision last month with a preliminary ruling to restrict BOE's AMOLED panels. While the final decision is expected in November, the commission has indicated that it is likely to impose a Limited Exclusion Order (LEO), which would block imports of BOE AMOLED displays into the US for nearly 15 years. The order would not extend to finished devices that include BOE AMOLED panels. In its statement, the ITC said that Samsung Display had taken extensive measures to protect its technology, but BOE had made use of its trade secrets in ways that could cause significant harm to the company. == References ==
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