# BOE, TCL, and Visionox Unveil OLED Panels with 3000+ Nits Brightness

URL: https://technosports.co.in/boe-tcl-visionox-oled-panels-3000-nits/  
Published: 2023-09-27  
Updated: 2023-09-27  
Author: Hardik Dhamija

Three Chinese display manufacturers, namely BOE, Tianma, and [Visionox](https://www.visionox.com/en/index.html), have disclosed their preliminary financial results for the first half of 2023. Despite encountering a sluggish economy and reduced demand for displays overall, there is a notable surge in demand for OLED technology.

![BOE](https://technosports.co.in/wp-content/uploads/2023/09/image-586.jpg)

## **Upcoming OLED Panels from BOE, TCL, and Visionox**

Starting with BOE, the company anticipates achieving an operating profit ranging from 700-800 million Yuan ($97-110 million USD) in the first half of 2023, marking a substantial decrease of approximately 90% compared to the previous year. BOE has observed a gradual uptick in demand as the year has progressed.

Regarding its OLED sector, BOE notes that while smartphone shipments remain modest, the adoption of [OLED](https://technosports.co.in/?s=OLED)displays within the smartphone industry is on the rise. BOE proudly announces it has shipped over 50 million AMOLED displays in the first half of 2023, setting a company record and representing nearly an 80% increase compared to 2022. The profitability of BOE’s AMOLED business is improving, though it faces significant price competition.

![](https://technosports.co.in/wp-content/uploads/2023/09/image-587.jpg)

Meanwhile, Tianma, a Chinese display manufacturer, is forecasting a loss of approximately 1.4 billion yuan (almost $200 million USD), a sharp contrast to the profit of 371 million yuan (about $52 million) reported in the first half of 2022. Tianma, too, cites a sluggish economic environment and diminished demand for displays.

Remarkably, Tianma’s OLED division is thriving during this period. Shipments of its flexible AMOLED panels have surged by over 400% compared to 2022, thanks to new smartphone customer acquisitions. Nonetheless, Tianma acknowledges that profit margins in its OLED business are under pressure due to ongoing price competition, mirroring BOE’s experience.

![](https://technosports.co.in/wp-content/uploads/2023/09/image-588.jpg)

Lastly, Visionox, a specialized AMOLED display manufacturer, projects its revenues in Q2 2023 to reach 1.6-1.9 billion yuan ($220-$260 million USD), reflecting an impressive increase of 115-150% from Q1 2023. However, for the entire first half of the year, Visionox anticipates a net loss of around 1.6-1.8 billion yuan ($220-$250 million USD), a larger deficit compared to the same period last year.

Similar to BOE and Tianma, Visionox reports a surge in OLED production alongside declining market prices. To address this challenge, Visionox has adjusted its product strategy, focusing on high-end OLED display products for its key customers.