In the world LCD industry more than 20 years ago, China has not yet occupied a place. Both Japan and South Korea have a certain advantage in terms of LCD production and technological advantages. However, with the continuous development of China's economy and the continuous advancement of technology, China's LCD industry continues to catch up and develop on this basis. Now China has accounted for more than 50% of the world's LCD production capacity and has become the country with the largest comprehensive LCD products.

No. 1 in comprehensive output

As early as 2019, my country's total LCD production capacity reached 11.34.81 billion square meters, ranking first in the world. In recent years, not only the LCD industry still has an advantage, new display technologies such as OLED panels also account for 10% of the production capacity.

Largest single brand

China has accounted for more than 50% of the world's LCD production capacity, of which BOE A shares close to 30%, making it the world's largest LCD manufacturer. As Samsung, LG and other major manufacturers gradually withdraw from the LCD market, while BOE is still increasing its production capacity, its market share is expected to further increase in the future.

Catch-up speed first

In 2000, China's LCD industry could be said to be "one poor and two white". Once LCD panels were the most in-demand product of China's imported goods. Only 20 years later, the supply of China's LCD panel products has even exceeded demand, and the market continues to call for the control of LCD output to prevent disorderly expansion of the industrial scale. In the past year, there are basically no new production lines, only the production capacity of the original production line has climbed, and the selling price of LCD panels has been increasing over the past year. At present, the production capacity and demand have reached a balance point.

No. 1 in market potential

China's LCD panel demand market potential is also the world's largest. As a region that resumed production and developed earlier in the world during the epidemic, China's economic vitality and resilience have been highlighted. Over the years, products such as mobile phones, LCD TVs, and conference tablets have continued to develop, with increasing sizes, lower prices, and consumers’ willingness to switch to new ones. Although the sales growth of mobile phones and TVs in the past two years has not been as good as expected, from all over the world In terms of scope, the Chinese market is still an extremely important part of the demand for LCD panels.