BOE said on the investor interaction platform that the company has laid out 8-inch and 12-inch silicon-based OLED production lines, has completed the development of a variety of FHD resolution products, and some key specifications have reached industry standards Leading, and has completed the relevant core technology patent layout.
In addition, BOE said that the company's silicon-based OLED technology display products used in VR, AR, and other fields have been shipped or have the ability to ship. In 2018 and 2019 SID Display Week exhibited 0.39-inch silicon-based OLED AR products with 5644PPI ultra-fine pixel density.
In terms of price changes, BOE stated that in the first half of 2022, due to the impact of external environmental uncertainties such as global inflation, geopolitics, and the epidemic, client demand was affected to a certain extent, and panel prices continued to decline, and operating performance was under pressure. However, from the perspective of operating indicators, the overall profitability of the company is higher than the industry average, the gross profit margin level is at the forefront of the industry, and the resilience and flexibility of the industry's leading position are further enhanced.
In terms of flexible AMOLED, BOE said that the cost of flexible AMOLED products is not only related to the cost of raw materials but also related to fixed cost allocation, customer requirements for product performance, specifications, product design solutions, and manufacturing process levels. The company's current raw material costs are relatively stable as a whole. With the continuous increase in shipments, the fixed cost allocation is expected to continue to decline. At the same time, the company continues to improve product design and development capabilities and customizes high-quality flexible AMOLED products for customers with more competitive cost control capabilities.
The financial report shows that in the first half of 2022, BOE’s net profit was 6.596 billion yuan, a year-on-year decrease of 48.94%; basic earnings per share decreased by 54.77%. In the first half of the year, BOE achieved an operating income of 91.61 billion yuan, down 15.66% year on year.
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