On 23rd September 2020, BOE formally introduced that it deliberate to accumulate CEC Panda’s Nanjing-based Gen 8.5 fab and Chengdu-based Gen 8.6+ fab. This may successfully strengthen the corporate’s show expertise portfolio.
In keeping with a TrendForce report, BOE will purchase 80.Eight p.c of the Gen 8.5 fab and a 51 p.c share within the Gen 8.6 fab. In the intervening time, the acquisition is alleged to be within the last levels. Notably, the corporate held a sizeable 21.1 p.c of the worldwide giant sized panel capability out there, which might be additional boosted by the current acquisitions. As of 2021, it’s anticipated that BOE will maintain greater than 1 / 4 of the world’s large-sized panel capability, coming in at 28 p.c.
This acquisition won’t solely elevate BOE’s world main place however can even improve its affect. Via the brand new acquisitions, the corporate additionally will get entry to the VA (Vertical Alignment) LCD expertise and Oxide TFT expertise, which is able to increase its enterprise in LCD TV, Pocket book PC, and LCD Monitor market. The Gen 8.6 fab will replenish BOE’s missing 50 inch and 70 inch capacities as nicely, which might bolster its TV market.
BOE has already invested closely within the IPS R&D, and with the added buyout of TN and VA expertise, it has entry to extra supplementing expertise for its LCD enterprise. Moreover, analysts have additionally talked about that the acquisition will probably trigger a ripple within the show provide chain as nicely. Moreover, if BOE upgrades the acquired fabs to supply extra curved VA or IPS panels, then the corporate can count on to see higher values in returns within the longer run.
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