High-definition firms on a roll
By Fan Feifei | China Daily | Updated: 2019-03-27 07:16
Rich pickings for display panel companies as demand for flexible products increases
Growing demand for organic light-emitting diodes (OLEDs), thanks to foldable smartphones and the country's efforts to boost the ultra-high-definition video industry, is expected to create new growth opportunities for the display panel sector, said industry insiders.
BOE Technology Group Co Ltd, a Beijing-based supplier of display products and solutions, said on Monday that its net profit reached 3.44 billion yuan ($512.8 million) in 2018, down 54.61 percent from the same period in 2017, while its revenue rose 3.53 percent to 97.1 billion yuan.
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