BOE Technology Group: LCD Industry Consolidation Enhances Supply Structure

Deep News03-10

On March 10, BOE Technology Group Co., Ltd. responded to investor inquiries on an interactive platform, stating that as the overall concentration of the LCD industry increases, the supply structure continues to improve, and the industry is entering a period of rebalancing. On one hand, the supply side is moving into an era of existing capacity, while demand-side trends toward larger sizes and new technologies continue to drive upgrades in end products. On the other hand, the industry landscape is being reshaped, with a shift from the previous focus on "scale and market share" toward pursuing "high profitability, advanced technology, and high added value." As a leading enterprise in the sector, the company is advancing toward high-quality development by adhering to a "production on demand" strategy. Although the OLED industry faces significant competitive pressure in the short term, it is believed that through continuous technological innovation and collaborative efforts across the industry chain, it will also embark on a healthy development path.

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