Guangzhou, April 15, 2022 -- On April 13, Omdia, a global market research agency, released the latest global display market report. Boe, with a shipment of 62.28 million pieces in 2021, ranked first in the global LCD TV panel shipments, which has led the world for four consecutive years. In terms of shipping area, it also ranked first in the TV panel market with 42.43 million square meters of actual performance. In addition, BOE ranks first globally in the shipments of mainstream LCD displays such as smartphones, tablets, notebooks and monitors, as well as innovative on-board displays over 8 inches.
Since 2021, global geopolitical conflicts have become more prominent. Influenced by factors such as sharply rising energy and food prices, the global consumer market has come under pressure and enterprises are facing certain challenges. Xie Qinyi, senior research director of Omdia's display division, said BOE's performance in the global display market is still bright. For TV displays with the largest demand for semiconductor display capacity, BOE has been the world's No. 1 since the second quarter of 2018. Omdia's latest shipment report shows that in February 2022, BOE TV panel shipments reached 5.41 million pieces, with a 24.8% share of the world's largest.
As a leading enterprise in the display industry, BOE, with its scale advantage formed by 16 semiconductor display production lines in China, has the world's first-class production capacity and market influence leading the industry. Omdia data show that in 2021, BOE not only ranked first in the world in terms of shipment volume and shipping area, but also accounted for 31% of the shipments of TVS over 65 inches in the large-size TV field. In the ultra high-definition TV display market, BOE's 4K and above TV product shipments accounted for 25%, also ranking first in the world.
In recent years, BOE has continuously enhanced its technological advantages and product market competitiveness while increasing its capacity scale. It has launched high-end display products such as 8K Ultra HD, ADS Pro and Mini LED, and accumulated profound technical reserves in large-size OLED. In the 8K ultra HD field, BOE strongly launched the world's first 55-inch 8K AMQLED display prototype; Recently, its 110-inch 8K products won the German Red Dot Design Award, showing strong technical strength; Global famous TV brands with BOE 8K display products have also been mass produced and launched. In terms of high-end Mini LED products, BOE and Skyworth launched the world's first active glass-based Mini LED TV, achieving a new leap in the picture quality of Mini LED TV. Boe also continued to launch high-end display products such as P0.9 glass-based Mini LED, 75-inch and 86-inch 8K Mini LED. In terms of large-size OLED, it has launched China's first 55-inch printing 4K OLED, the world's first 55-inch 8K printing OLED and other leading products. It has also laid out large-size OLED technology platform in Hefei, and continued to develop high-end large-size OLED products, constantly leading the technical development direction of the industry.
At present, the new generation of information technologies such as artificial intelligence and big data are bringing about new applications and new scenarios. Driven by the trend of digitalization and intelligence in the terminal market, the global display industry will usher in a new round of growth. As a leading enterprise in the display industry, in recent years, it has not only launched a series of rich and diversified high-end display products such as esports TV and 8K TV, but also promoted nearly 200 110-inch super size 8K TVS to be introduced into various community colleges and sports venues in Beijing, deepening the practice of the development strategy of "screen of Things", allowing the screen to integrate more functions, generate more forms and insert more fields Jing, constantly promote the intelligent display terminal represented by TV into more fields, hand in hand with upstream and downstream enterprises to promote the extension of the industrial value chain, drive the display industry gradually out of the "cyclical" shock, towards the increasingly stable "growth" business form, leading the display industry to a new stage of healthy and sustainable development.
