The story
The company's predecessor was a state-owned enterprise, Beijing Electron Tube Factory. In April 1993, Beijing Oriental Electronics Group Co., Ltd was founded by Wang Dongsheng. In 1997, it listed B shares on the Shenzhen Stock Exchange. In 2001, Beijing Oriental Electronics was renamed BOE Technology Group Co., Ltd. BOE acquired SK Hynix's STN-LCD and OLED businesses for US$22.5 million. Issued additional A shares in Shenzhen Stock Exchange. In 2003, BOE acquired SK Hynix's Hydis flat-panel display businesses for US$380 million.
BOE built China's second 5th generation LCD production line in Beijing's Yizhuang Special Development Zone. The production line was technologically advanced for the time and costly. China Development Bank and the Beijing city government assembled a group of nine banks to loan BOE US$740 million. The Beijing City government provided a further loan of 280 RMB, which it converted to shares of the company and sold for a substantial profit.
In 2008, Hefei's local government spent US$3.5 billion for a controlling ownership stake in BOE.
In 2009, BOE Energy Technology Co., Ltd was founded to enter the photovoltaics industry. In 2010, BOE acquired Suzhou Gaochuang Electronics' Taipei Display Research Center and AIO Manufacturing Plant. BOE also acquired K-Tronics for an undisclosed amount.
In 2011, BOE established a Japan branch and R&D center in Tokyo. In 2012, BOE established an American branch and R&D center in Santa Clara in Silicon Valley, California. In 2014, BOE established a subsidiary in Frankfurt, Germany. In 2015, BOE acquired OASIS International Hospital.
In 2016, BOE acquired automotive displays maker Varitronix for RMB60.1 million. It set up a subsidiary in New Delhi, India.
In 2017, BOE established its Middle East Branch in Dubai and set up a subsidiary based in São Paulo, Brazil. BOE also announced its plan to build a hospital in Chengdu which will be opened in late 2020. BOE announced a long-term agreement with Universal Display Corporation, UDC will supply phosphorescent OLED materials to BOE. According to IHS Markit, BOE became shipped the most displays larger-than-9-inch for tablets, notebook PCs and monitors. However LG Display still lead in terms of area shipment.
In 2018, BOE acquired SES-imagotag for €200 million. BOE formed a joint venture with Kopin Corporation and Olightek for OLED micro-displays manufacturing. BOE established subsidiares in Jakarta, Indonesia and Johannesburg, South Africa. According to Sigmaintell Consulting, BOE overtook LG Display as the world's largest LCD TV and monitor producer with 54.3 million TV panels and 37.3 million monitor panels shipped. The Huawei Mate 20 Pro is the first flagship tier smartphone with an AMOLED sourced from BOE (also sourced from LG Display).
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In 2019, BOE formed a joint venture with Rohinni for MicroLED and mini LED backlighting manufacturing. Hisense announced its U9E TVs featuring dual LCD panels which Hisense said exceeds OLED TVs in brightness, color gamut and color accuracy. Its panels are produced by BOE. The Huawei Mate X scheduled for release in Q4 2019 reportly has a foldable OLED from BOE. According to IHS Markets, BOE had the second highest marketshare of the smartphone OLED panel market at 5.9%, only behind Samsung Displays. BOE will also surpass LG Display as the world's largest flat-panel display producer. And BOE has partnered with Huawei to research cameras under OLEDs. BOE is reportedly in talks to replace LG Display and Tianma as OLED supplier for LG Electronics smartphones in 2020. BOE also became an OLED supplier for Apple beginning in 2021 for the iPhone.
On February 1, 2022, the company announced they had developed the world's fastest gaming monitor with a 500 Hz refresh rate. The prototype 27-inch monitor has a resolution of 1080p. In 2023, the company was reportedly predicted to become the largest supplier of OLED display panels for the Apple iPhone 15 series according to Ming-Chi Kuo, a Taiwanese Apple analyst at TF International Security. On August 15, 2025, BOE faced a ban on its products' sale in the US after it lost a lawsuit filed by Samsung. The United States International Trade Commission has ruled to ban import of BOE's OLED panels into the US for the next 14 years and 8 months.
In July 2025, a proposed National Defense Authorization Act named BOE for the United States Department of Defense to examine whether the company merits inclusion on a list of "Chinese military companies." In June 2026, the US Department of Defense added BOE to a list of Chinese military-linked companies.
From Wikipedia’s article on BOE Technology, shared under CC BY-SA 4.0.4
