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China's BOE Surpasses LG to Become World's Leading Large-Sized LCD Display Maker
Xu Wei
DATE:  Nov 28 2017
/ SOURCE:  Yicai
China's BOE Surpasses LG to Become World's Leading Large-Sized LCD Display Maker China's BOE Surpasses LG to Become World's Leading Large-Sized LCD Display Maker

(Yicai Global) Nov. 28 -- Chinese LCD panel maker BOE Technology Group Co. [SHE:000725] bested its South Korean rival LG Display Co. [KRX:034220;NYSE:LPL] to hold the biggest share of the large-sized panel market in the third quarter of this year.

The Korean firm's market share declined to 19.3 percent in the quarter, knocking the firm out of the top spot for the first time since the end of 2009 as BOE climbed to pick up a 21.7-percent share.

With its 8.5G TFT-LCD panel production line now in full swing, BOE will continue to extend its lead ahead of LG, analysts said.

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Keywords:   MSCI,LG Display,LCD Panels,LCD Displays,Screens