BOE to Invest RMB 30 Bln in 8.5G Panel Production

BOE, 6/19/15

Chinese TFT-LCD manufacturer BOE (000725.SZ) recently announced that the company will invest RMB 30 bln to begin production of 8.5G semiconductor display panels in Fuzhou.

Locating the production line in the southeast of China is key to BOE's marketing strategy, which will target South China, East China, and the overseas market. The product's target overseas clients include South Korean electronics companies Samsung and LG Electronics, as well as Japanese electronics firm Sony. Domestic clients include television and consumer electronics manufacturers Konka (200016.SZ, 000016.SZ) and Skyworth Digital Holdings (0751.HK), the assembly factory for LG Electronics in South China, and other original equipment manufacturers (OEMs) in the vicinity.

Keywords: consumer electronics hardware Samsung display overseas television LCD LG Electronics Konka Skyworth Sony TFT-LCD 000016.SZ 000725.SZ 0751.HK 200016.SZ BOE 8.5G eastern China Japan investment southern China South Korea TV set

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