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Company News >> BOE/Huaxing Optoelectronics and other expanded OLED production lines OLED materials company Huali will benefit 18th,July,2018
                                        OLED display has the characteristics of flexibility, high color saturation, good color rendering, and power saving. In recent years, it has become a variety of wearable devices, mobile devices, smart phones, monitors and televisions, and even automotive applications. The most fashionable and cutting-edge technology choice.

At present, the manufacturers of OLEDs are mainly Korean and land-based manufacturers. The land-based manufacturers currently include BOE, Huaxing Optoelectronics, Tianma Microelectronics, Hehui Optoelectronics, Xinli International, Visionox, Kunshan Guoxian and Rouyu Technology. Manufacturers have expanded their OLED panel production lines, and the mainland's OLED output value and related material demand is expected to skyrocket.

For the Taiwanese supply chain, the first to benefit from the material agent channel manufacturers such as Huali, in the first half of 2018, Huali has delivered outstanding transcripts, the second quarter revenue hit a new high in the first quarter, the first half of the combined revenue The annual growth rate is nearly 30%. According to material channel manufacturers, Huali has already entered the mainland flat panel display industry supply chain and will not be absent from the OLED related materials and equipment market.

According to the announcement of Huali's results, the company's self-integration and revenue in June 2018 reached 4.447 billion yuan, up 20.12% over the same period of last year; the second quarter revenue reached 13.408 billion yuan, setting a new high in a single season. And it grew by 15.19% compared with the previous quarter and grew by 32.56% compared with the same period of last year. The cumulative consolidated revenue in the first half of this year reached 25.48 billion yuan, a year-on-year growth of 29.76%. The revenue in the first half of the year also hit. It has a new high in the same period of the previous year.

At present, Holley supplies Japanese and Taiwanese OLED equipment and materials to the emerging OLED panel manufacturers in the mainland market. Huali's sales of OLED materials have reached nearly 2.5 times annual growth rate in the first half of this year. It can be seen that mainland OLED manufacturers are in high demand for key materials. Holley will also continue to work hard to develop new materials and equipment related to OLEDs to meet the booming of this emerging industry. Huali’s revenue in the overall panel industry has nearly doubled in the first half of the year.

According to industry research firm IHS, it is estimated that by 2020, OLED revenue will grow to 43 billion US dollars, accounting for 29% of total flat panel display revenue, reaching 49.5 billion US dollars by 2024, accounting for 36% of total flat panel display revenue.

In addition, Holley's high-end engineering plastics and printed circuit board related materials supply is also the industry's ear, especially in recent years, high-frequency substrates, high-end printed circuit boards such as carrier-like board, etc., Huali's printed circuit board materials Sales also grew strongly. Overall, Huali's materials (including engineering plastics and printed circuit board materials) grew by nearly 30% in the first half of the year, and its growth momentum is very strong.

In the semiconductor industry, Huali provides high-end electronic-grade semiconductor chemicals for semiconductor customers in Taiwan, and has seized the supply of materials for many semiconductor customers in the semiconductor market in mainland China, which has contributed to the performance of the Holley semiconductor industry. In the first half of the year, it continued to grow.

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