BOE Technology Group Faces Uncertainty in Emerging Technologies

BOE Technology Group announced on May 24 that its glass-based packaging substrate, perovskite, and optical interconnect businesses are still in the technical exploration and validation stages. These technologies have not yet reached mass production or generated significant revenue. According to Jin10, the company stated that there is significant uncertainty regarding when or if these technologies will achieve mass production and the expected benefits in these fields. Based on current business development, it is anticipated that these areas will not significantly impact the company's operational performance in the next 2-3 years. As of now, BOE Technology Group has not initiated any business cooperation with NVIDIA, and some media speculations lack factual basis. The glass-based packaging substrate, perovskite, and optical interconnect businesses are considered potential next-generation technology routes, but the final choice of technology route by customers and the market outlook remain highly uncertain. To advance these businesses towards large-scale production, further capital expenditure will be required for production line construction, equipment procurement, technology research and development, and process optimization. The company acknowledges that there is significant uncertainty regarding the potential return on investment.