I. Company Profile:
BOE Technology Group Co., Ltd. (BOE) was founded in April 1993. It is a leading IoT innovation enterprise that provides smart port products and professional services for information interaction and human health. It has formed a business structure of "1+4+N+ecological chain" with semiconductor display as the core, and the integrated development of IoT innovation, sensors and solutions, MLED, and smart medical engineering.
As of 2024, BOE has accumulated over 100,000 independent patent applications. Among the newly added patent applications each year, more than 90% are invention patents, and overseas patents account for more than 33%, covering many countries and regions such as the United States, Europe, Japan, and South Korea. According to the statistical report on the number of US patent authorizations in 2024 released by IFI Claims, a US patent service agency, BOE ranked 12th globally and has been among the global TOP 20 for the seventh consecutive year. In the 2024 global international patent application ranking of the World Intellectual Property Organization (WIPO), BOE ranked sixth globally with 1,959 PCT patent applications and has been in the global TOP 10 of PCT patent applications for 9 consecutive years.
BOE (Beijing Oriental) has multiple manufacturing bases in Beijing, Hefei, Chengdu, Chongqing, Fuzhou, Mianyang, Wuhan, Kunming, Suzhou, Ordos and other places. Its subsidiaries are located in nearly 20 countries and regions including the United States, Germany, Japan, South Korea, Singapore, India, Brazil, and the United Arab Emirates, and its service system covers the major regions of the world such as Europe, America, Asia, and Africa.
II. Corporate Background:
BOE Technology Group Co., Ltd. (BOE) is a leading enterprise in China's semiconductor display industry and one of the largest display panel suppliers in the world.
BOE's predecessor was Beijing Electron Tube Factory, which was established in 1953. It was once the cradle of China's electronics industry, but it fell into severe losses due to technological backwardness in the 1990s.
In 1993, Beijing Electron Tube Factory was restructured into BOE, starting its market-oriented transformation.
In 2003, BOE acquired the TFT-LCD business of Hyundai Display Technology Co., Ltd. (HYDIS) in South Korea for 380 million US dollars, officially entering the liquid crystal display field and filling the gap in this field in China. Since then, through counter-cyclical investment and technological catch-up, BOE has gradually established the world's largest display panel production capacity.
In 2015, the Hefei 10.5-generation line was put into production, marking that China's display industry entered the global leading ranks.
In 2023, BOE celebrated its 30th anniversary. Its global market share has remained the first for many consecutive years, and the shipments of both LCD and OLED panels are among the top in the world.
III. Business Scope:
As a global leading IoT innovation enterprise, BOE Technology Group Co., Ltd. (BOE) covers four core fields: semiconductor display, IoT solutions, smart medical engineering, and frontier technology layout, forming a three-dimensional industrial structure of "1+4+N+ecological chain". The following is a detailed analysis of the business scope based on the latest publicly available information:
(1)Semiconductor Display: Leading in Both Global Scale and Technology
1, Core Business: Research, development, production, and sales of semiconductor display devices, covering all technical routes such as LCD, OLED, Mini/Micro LED, etc. The products are applied to scenarios such as consumer electronics, commercial display, and in-vehicle display.
Technological Breakthroughs:
2, In the LCD Field: In 2025, an extremely black wide-angle paper-like screen based on ADS Pro technology was launched, supporting wet-hand touch control, with a contrast ratio of 1 million:1 and a 60% reduction in power consumption. The Hefei 10.5-generation line achieves 8K/120Hz ultra-high-definition display, and one out of every four display screens in the world comes from BOE.
3, Flexible OLED: The total capacity of the G6 AMOLED production lines in Chengdu, Mianyang, and Chongqing is 144K/M. In 2024, the shipments of mobile phone OLEDs ranked second globally, with a market share of 19%, supplying flagship folding screen models such as the Huawei Mate X2 and the vivo X series.
4, MLED: The glass-based Mini LED has achieved mass production, with a contrast ratio reaching the million level, applied to high-end TVs and in-vehicle displays; The COB production line of Zhuhai BOE Jingxin has been mass-produced and delivered, and a COB small-pitch LED indoor display screen has been created in the overseas market.
5, Market Position: In the five major fields of smartphones, tablets, laptops, monitors, and TVs, the LCD shipments have ranked first globally for many consecutive years, and the shipments of 100-inch display screens rank first globally.
(2) IoT Innovation: Scenario Empowerment under the Strategy of "Screen IoT"
1, Core Business: IoT terminals and system solutions based on display technology, covering fields such as smart retail, finance, transportation, education, and office.
Smart Terminals:
Launched products such as the aerial interaction all-in-one machine, 92-inch PCAP electronic whiteboard, and 86-inch 3D educational whiteboard, supporting AI gesture recognition and multi-screen collaboration.
In cooperation with JD.com, it promotes the popularization of 100-inch TVs. In the first quarter of 2025, the shipments of 100-inch display screens ranked first globally.
System Solutions:
Smart Finance: Provides interactive digital signage for banks, supporting face recognition and business handling.
Smart Transportation: The world's first high-speed maglev train with a speed of 600 kilometers per hour is equipped with BOE's smart windows, realizing dynamic information display and ambient light adjustment.
Smart Energy: Cooperates with the State Grid to develop smart meter display screens, supporting remote meter reading and energy consumption analysis.
(3) Sensors and Solutions: Full-scenario Sensing from Healthcare to Industry
1, Core Business: Research, development, and application of optoelectronic sensors, focusing on fields such as medical imaging, biological detection, and smart windows.
Medical Imaging:
The X-ray flat panel detector backplane products are applied to global high-end medical devices, such as CT equipment of Siemens and Philips.
It jointly builds the "Beijing Key Laboratory of Urological Tumor Cells and Gene Therapy" with the Cancer Hospital of the Chinese Academy of Medical Sciences to develop cancer early screening sensors.
Biological Detection:
The fully automatic nucleic acid amplification analyzer (NAT-3000) realizes a 30-minute rapid detection, integrating magnetic bead extraction and fluorescence quantitative PCR technology.
The immune cell storage technology provides "life seeds" for tumor treatment, and has stored more than 100,000 samples.
Smart Windows:
The smart dimming window adopts dye liquid crystal technology to achieve low haze and high dark state, and is applied to high-speed railways and building curtain walls.
The light curtain technology was selected as a case of the "Cloud Sailing Action" going global, providing a side window display and touch integration solution for new energy vehicles.
(4) Smart Medical Engineering: In-depth Integration of Technology and Medicine
1, Core Business: Digital hospital operation, health management, regenerative medicine, etc., building a full-cycle health ecosystem of "prevention, treatment, and recuperation".
Digital Hospitals:
It operates 5 tertiary general hospitals in Chengdu, Hefei, Suzhou and other places. In 2024, the number of outpatient visits exceeded 3 million, and the number of discharges increased by 25% year-on-year.
Beijing BOE Hospital is positioned as "integration of medicine, teaching, and research", and is expected to open in 2026, equipped with an AI-assisted diagnosis system and a telemedicine platform.
Health Management:
Adolescent myopia prevention and control solution: Simulates looking into the distance through AR free-form surface technology to reduce eye fatigue, covering more than 1,000 schools.
Health IoT platform: Connects home detection devices (such as blood glucose meters and blood pressure monitors) to provide users with real-time health data and risk warnings.
Regenerative Medicine:
The stem cell sheet technology is used for heart and liver repair, with more than 10 clinical transformation projects.
It jointly builds the "Beijing Key Laboratory of Drug and Device R&D for Cerebrovascular Diseases" with Beijing Tiantan Hospital to develop neurointerventional devices.
(5) Frontier Technology Layout: Strategic Reserve of the "Nth Growth Curve"
1, Core Directions: Focus on the extension of semiconductor display technology and cross-border integration, and explore future growth poles.
Glass-based Packaging:
Uses display panel processes to develop high-performance chip packaging substrates, breaking through the bottlenecks of heat dissipation and signal transmission of AI chips, and completing technical verification in 2025.
Perovskite Photovoltaics:
The 1.2m×2.4m pilot line in Hefei mass-produced the industry's first large-area photovoltaic cell, with a conversion efficiency of 16%, and plans to achieve commercialization in 2026.
The world's first perovskite photovoltaic mobile phone is integrated into the Infinix model of Transsion Holdings, realizing seamless charging indoors and outdoors.
AI Empowerment:
The AI industrial software system increases the production line yield by 3%, and the AI image quality algorithm reduces power consumption by 15%.
Functions such as market insight and financial operation have been intelligentized, and the decision-making efficiency has increased by 40%.
(6) Globalization and Ecological Cooperation
1, Manufacturing Bases: There are 17 semiconductor display production lines globally (1 under construction), covering 10 cities such as Beijing, Hefei, and Chengdu, and subsidiaries are located in 20 countries.
2, Partners: It has established strategic alliances with leading enterprises such as Apple, Samsung, and Tesla, with more than 5,000 ecological partners. In 2025, it jointly released flagship flexible OLED products with vivo and ASUS.
3,Technology Output: It has accumulated more than 90,000 independent patents, has been in the global TOP 10 of PCT patent applications for 8 consecutive years, and ranked 15th globally in terms of the number of US patent authorizations in 2023.
IV. Case Studies:
(1) Smart City Public Service — Editorial Department of Xinhua News Agency in Beijing
(2) Smart Energy — BOE Energy Smart Integrated Pole Project in Hefei Xinzhan District
(3) Smart Retail — Xiaomi in China
(4) Smart Medical Engineering — Chengdu BOE Hospital 1
(5) Smart Finance — Agricultural Bank of China's Smart Bank Flagship Store at Daxing Airport
(7) Smart Travel — Electronic Guidance System of Guangzhou Metro Line 3
V. Honors & Accolades:
(1) German iF Design Award
(2) China Patent Gold Award
(3) Top 500 Asian Brands
(4) Top 100 Chinese Brands in Global Technology Brands
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