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Company News >> BOE failed to become an Apple supplier, unhindered China became the world's largest producer of OLED 13th,July,2020
                                               Recently, JD.com sent OLED panels to Apple for testing, and ultimately failed due to the failure of technology and quality to meet the latter's requirements. However, this will not affect China's continued development as the world's largest OLED panel producer. Various Chinese panel companies will continue to accelerate OLED panels Capacity expansion.

BOE failed to become an Apple supplier, unhindered China became the world's largest producer of OLED

At present, South Korea is still the world's largest producer of OLED panels, and Samsung has a market share of nearly 80% in the global small and medium-sized OLED panel market. This is mainly because South Korea has accumulated more than ten years and is ahead of China in terms of technology and production capacity.

South Korea's Samsung and LGD have developed OLED panels as early as around 2007. Samsung focuses on small and medium-sized OLED panels, and LGD focuses on large-sized OLED panels. Before 2018, they accounted for more than 90% of the world's small and medium-sized OLED panels, Large-size OLED panel market.

BOE failed to become an Apple supplier, unhindered China became the world's largest producer of OLED

In 2017, BOE of China put into production of small and medium-sized OLED panels, and then in 2018 its second small and medium-sized OLED panel production line was put into production. In 2019, Huaxing Optoelectronics' first small and medium-sized OLED panel production line was put into production, in addition to Shenzhen Tianma and Hehui Guangdong , Visionox and other panel companies produce small and medium size OLED panels.

As China's panel companies have successively put into production of small and medium-sized OLED panels, China's market share in the global small and medium-sized OLED panels has risen rapidly. Among them, BOE alone has accounted for about 12% of the market. Chinese panel companies have gradually adopted small and medium-sized OLED panels. The market has become a strong opponent of South Korea.

The rapid growth of Chinese OLED panel companies is also inseparable from the rapid growth of Chinese mobile phone companies. The ranking of the world's top ten mobile phone companies in 2019 released by the market survey agency counterpoint shows that Chinese mobile phone companies occupy eight of them, and they total It has a 52% global market share.

BOE failed to become an Apple supplier, unhindered China became the world's largest producer of OLED

With the rapid growth of Chinese mobile phone companies, in order to ensure the supply of small and medium-sized OLED panels and obtain more bargaining power, to avoid the small and medium-sized OLED panel market being completely controlled by South Korean companies, so mobile phones companies such as Huawei and Xiaomi have chosen to contact China Cooperation with small and medium size OLED panel companies.

With the support of Chinese mobile phone companies, the production capacity of China's small and medium-sized OLED panel companies has expanded rapidly. At present, China has already put into production and has under construction 21 small and medium-sized OLED panel production lines. As these production lines are successively completed and put into operation, analysts expect that China will surpass South Korea as the world's largest medium- and small-size OLED panel production site as soon as 2023.

Of course, this time BOE failed to become Apple's OLED panel supplier, which also highlights the gap between Chinese panel companies and Korean panel companies in terms of technology, but China has taken nearly 20% of the Korean company's hands in two years. The market share shows that the growth rate of Chinese panel companies is fast, which is what Korean panel companies fear.

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