San Jose, CA, May 13, 2022 / PRNewswire /-On May 11, SID Display Week 2022, the premier event for the display industry, was held in San Jose, USA. This coincides with the celebration of the 60th anniversary of the Society for Information Display (SID). Dr. Gao Wenbao, President of BOE, a prominent entrepreneur and industry expert, was invited to give opening remarks at the celebration. In his keynote speech, Gao shared insights into the current state and development trends of the global display industry, presented three innovation concepts essential for sustainable development of the display industry, and struck a chord with participants.
Gao is the only Chinese semiconductor display entrepreneur invited to this celebration. Since its founding in 1962, SID has acted as a comprehensive communication and collaboration platform covering technologies, materials, equipment and applications, playing a central role in the commercialization of frontier display technology, the display industry. Said that it is the most prestigious gathering in. .. Founded in 1993, BOE has emerged as a global leader in the semiconductor display industry. During that epic journey, BOE has led the development of China’s display industry, which is now an integral part of the global display sector. Since 2014, BOE has built a close relationship with SID. In the future, BOE will work with SID to promote the healthy and sustainable development of the display industry.
Due to changes in the global political economy and the impact of the COVID-19 pandemic, the display industry faces various challenges such as the relationship between supply and demand and fluctuations in panel prices. Meanwhile, the industry is accelerating resource consolidation and structural optimization at a faster pace. As it becomes more focused, the industry is set to stay on a steady track. Faced with challenges and opportunities, Gao advocated three innovation concepts that are essential to the healthy development of the display industry.
Unleashing the vitality of industrial development through technological innovation Innovation is the driving force of industrial development, and technological innovation is the foundation of corporate development. Innovation needs to revolve around market and customer demand, which is the most basic way to offset the effects of cyclical fluctuations and promote the healthy development of the industry. For many years, the BOE has been dedicated to innovation. In 2021, we invested more than RMB 10 billion in R & D and remained in the top 10 in the world by filing patent applications for the fifth consecutive year. In addition, the company has published more than 300 forward-looking technical papers, presented more than 260 cutting-edge technologies and products through the SID platform, and received a total of 13 innovation awards, including DIA and People’s Choice Awards. .. The Bank of England leads or participates in the development of over 300 industry standards, gradually changing from a leader in innovation to an industry standard setter. BOE breaks new ground in TFT-LCDs, OLEDs and Mini / Micro LEDs, driving industry upgrades with state-of-the-art display technologies and products designed for customers in a variety of industries, market demand and industry. It gives a great stimulus to the vitality of.
Drive industry value chain upgrades through business innovation. Over the last two decades, the rapid development of the display industry has been largely due to the construction of new production lines. However, unhealthy competition between companies in terms of capacity and scale has further complicated the industrial environment. Therefore, the display industry is in desperate need of a healthier and more sustainable growth model. In December 2021, BOE launched the first technology brand in China’s semiconductor display industry, the beginning of the “technology + brand” dual drive model and an important milestone for the industry. Technology-branded one-stop display solutions empower a variety of industries, not only increasing the premium and added value of display devices, but also a new development path that focuses on technology and even value from the pursuit of scale throughout the industry. I am migrating to. create. This has accelerated the expansion and upgrade of the entire industry value chain.
Navigate the industry’s breakthroughs through application innovation. Today, displays have become the first touchpoint and primary interface for information interactions, display technology and smart devices permeate countless scenarios in everyday life, “displays are everywhere.” 5G, AI In a new round of industrial revolution, represented by big data, IoT and other cutting-edge technologies, digital and smart applications will open up a new era of the “Internet of displays” and bring new opportunities to the trillions of IoT markets. I am. original. Guided by the “Internet of Display” strategy, the BOE is deploying feature-rich displays in a variety of formats in a wide range of scenarios, strengthening the integration of display technology and IoT applications to enhance the myriad of scenarios. .. By doing so, we are leading the entire industry chain for the new era of IoT.
Gao urged companies to actively fulfill their corporate social responsibility, pursue innovation-driven development, and work together to create a healthy and sustainable environment that is environmentally friendly. For many years, BOE has incorporated the Green Concept into its entire R & D and production life cycle, actively promoting energy conservation and green development through innovation. The annual power saving can meet the needs of 100,000 Chinese households annually, and the water saving amount is equivalent to the annual water consumption of about 50,000 households in China. Currently, BOE has 12 smart factories designated as “National Green Factory”. Green applications driven by innovation represent key trends in the industry. BOE’s products are energy-saving, recyclable, and eye-friendly, among other benefits. A digital badge worn by BOE volunteers. In addition, the company has strengthened rural digital education through smart education solutions to narrow the urban-rural gap in education and foster an environment that enables industry and society.
Innovation is an endless pursuit. BOE will continue to play its full role as an industry leader, working with industry chain partners to create more value, realize the vision of the “Internet of Display” and take the industry to a healthy new stage. .. Sustainable development.
Source BOE Technology Group Co., Ltd.
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