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BOE Technology – The Largest Display Panel Maker in the World

BOE Technology Group Co., Ltd., also known as Jingdongfang, is a China-based electronics and semiconductor company with its headquarters located in Beijing, China. <br>

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BOE Technology – The Largest Display Panel Maker in the World

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  1. BOE Technology: The Largest Display Panel Maker in the World

  2. BOE Technology: Leading Electronics Company BOE Technology Group Co., Ltd., also known as Jingdongfang, is a China-based electronics and semiconductor company with its headquarters located in Beijing, China.

  3. The Founding of BOE Technology (1) • Wang Dongsheng, who was an accountant, founded BOE Technology as Beijing Oriental Electronics Group Co., Ltd in April 1993. • Though, in the beginning, the founder had to sell mouthwash to generate extra income, soon was manufacturing and selling the products it intended to, i.e. TV and monitor displays. Image Source: res.cloudinary.com

  4. The Founding of BOE Technology (2) • The sudden rise in revenues helped BOE Technology list the B shares on the Shenzhen Stock Exchange, in 1997. The company was then renamed BOE Technology Group Co., Ltd. in 2001. • It made its first acquisition in the same year, where it bought the LCD and OLED businesses of SK Hynix for US$22.5 million. Image Source: patentlyapple.com

  5. The Founding of BOE Technology (3) • The company also bought the flat-panel display business of the same company. In 2009, the company acquired the Taipei-based Display Research Center and AIO Manufacturing Plant of Suzhou Gaochuang Electronics. • BOE Technology put the foundation of the BOE Energy Technology Co., Ltd and entered the photovoltaic business in 2009. Image Source: media.wired.co.uk

  6. The Founding of BOE Technology (4) • In 2015, BOE Technology opened offices in Frankfurt Germany, and New Delhi, India, respectively. In the following years, the company expanded to Dubai, Brazil, Indonesia, South Africa, etc. • As of 2019, the company holds second place on shipping the smartphone OLED panel, Huawei and Samsung being few of its customers. Image Source: img.yicaiglobal.com

  7. Acquisitions done by BOE Technology • In the past decade, BOE Technology has made some of the biggest acquisitions, which have contributed to the growth of the company. • K-Tronics(2010), OASIS International Hospital (2015), Varitronix (2016), SES-imagotag (2018) are some of the BOE’s acquired companies. Image Source: img.caixin.com

  8. The Founder: Wang Dongsheng • Wang Dongsheng founded BOE Technology around 26 years ago at the age of 35. • He was working as an accountant in a state-owned vacuum-tube factory, which he took over later to found BOE Technology. • Before starting the company, he sold mouthwash for extra income. Image Source: sg.news.yahoo.com

  9. THANK YOU Visit our website YourTechStory for more interesting and inspirational stories. Article Link: https://www.yourtechstory.com/2021/07/01/boe-technology-the-largest-display-panel-maker-in-the-world/ Website Link: https://www.yourtechstory.com/ Follow us on Social Media Platforms: Facebook: https://www.facebook.com/YourTechStory Twitter: https://twitter.com/yourtechstory LinkedIn: https://www.linkedin.com/company/yourtechstory

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