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Profit of BOE may reach 100 million yuan

Updated : 2016-09-19
( chinadaily.com.cn )

In the first half year of 2016, the revenue of BOE was 26.45 billion yuan ($3.97 billion), an increase of 15.14 percent. The profit from January to September is expected to reach 50 milion yuan ($7.5 million) to 100 million yuan ($15 million).

To strengthen technological innovation skills and new products development, BOE invested 1.94 billion yuan ($290 million) in 2016, 37.5 percent more than the previous year. The number of new patent applications is 4000, an increase of 25 percent; they apply to 40 percent of the BOE’s new products.

8K display technology from BOE has ADSDS technology with a visible angle of 178 degree, a resolution value of 7680*4320, and a display effect four times higher than 4K*2K(UHD) and 16 times higher than FHD. BOE, as a leader in 8 K ULTRA-HD technology, constantly promotes its development. BOE was selected to be the supplier to Japanese broadcaster NHK on April, 2014, and helped NHK to launch a six-month-tour to popularize 8K display technology. At the Rio Olympics Game, it used BOE 8K display technology to rebroadcast competitions, and BOE’s 98-inch display product was the only such product used by Brazil.

From 2018, Japan will use 8K broadcast technology, and at the 2020 Japan Olympic Game all the broadcast products will be 8K display.