BOE's performance increased, benefiting from the trend of larger screens in cars

In the first half of 2023, BOE Varitronix achieved revenue of HK$5.21 billion, an increase of 8% year-on-year, thanks to the trend of intelligentization of the automotive market and large-screen in-vehicle displays. As BOE's in-vehicle display module and system operation platform, BOE Varitronix has increased its market share in China's new energy vehicle market from 41% to 60%, and maintained its leading position among the top OEMs.