BOE Expects China to Overtake Taiwan in LCD Capacity

Chinese panel makers believe that their TFT-LCD capacity could surpass that of Taiwan by 2017, taking the global number two spot behind Korea. Speaking at Finetech Japan, BOE VP Chikara Kuboshima said that companies such as BOE, CSOT and Tianma have experienced very fast expansion; BOE is expected to hold 27% of global capacity in 2016, and 39% of Chinese capacity. Last year, the company had a 20% share in smartphone LCD displays, 31% in tablet LCDs, 14% in monitors and 7% in TVs.