Chinese display maker BOE Technology Group Co Ltd, a supplier of both Apple Inc and Samsung Electronics Co Ltd, plans to invest a substantial sum to build two factories in Vietnam, two people familiar with the matter said. BOE is in talks to rent dozens of hectares of land in north Vietnam to add to its relatively small plant in the south that supplies mostly television screens to South Korea's Samsung and LG Electronics Inc, the people said, declining to be identified as negotiations were confidential. Northern Vietnam has in recent years attracted significant investment from electronics giants, becoming a major hub for the production of smartphones, computers and cameras, including flagship goods from Apple and Samsung.
Apple supplier BOE Technology Group Co Ltd will "make adjustments" at its operations in Sichuan due to power rationing in the region, it said in a stock market filing on Tuesday. It added that it has four production lines making displays for hardware devices in the region - two lines producing LCD screens, and two producing AMOLED screens. The company supplies small volumes of displays to Apple for its iPhone 13 devices and older models, and could potentially supply displays for the upcoming iPhone 14, according to reports from Ming-Chi Kuo, an Apple analyst at research firm TF Securities.
On May 13, SID Display Week 2022, a prestigious event hailed as the "Oscars" in the display industry, wrapped up in California, the United States. As a global leader in the semiconductor display industry, BOE again caught the spotlight at the event. Its 86-inch chip-on-glass active matrix Mini LED (COG AM Mini LED) was selected as the Display Components of the Year of the Display Industry Awards (DIA). The display maker is also among the first to mass-produce active matrix Mini LEDs based on gla