Tech giant LG fell behind, now it's Samsung's turn!
BOE, particularly significant in display technologies, managed to surpass LG in terms of patent capabilities.
BOE, a renowned company specializing in the design and production of display panels, has strong ties with several manufacturing giants, including Apple. In fact, if you're using a device right now, there's a chance that BOE may have produced its display panel. The company's dominance is evident, as it holds the top position globally in the shipment of LCD panels for various devices, ranging from smartphones and tablets to notebooks, monitors, and TVs. Their prominence in the market is further cemented by the extensive number of display patents they possess in the USA.
Known for its significant impact in the global display sector, BOE's expertise spans a vast range of products, catering to both basic and high-end devices. The company's success is rooted in strategic planning and innovation. A recent analysis revealed that BOE now stands second in terms of the volume of display panel patents registered in the US, surpassed only by Samsung Display. This achievement is particularly noteworthy given the US's position as a pivotal market in the display panel industry.
Tech giant LG fell behind, now it's Samsung's turn!
A deep dive into BOE's achievements unveils a diverse patent portfolio, encompassing a variety of display technologies. This includes OLED displays, LCD displays, touch displays, and even intricate manufacturing processes. Such a robust patent collection not only affords BOE a competitive edge in the US market but also provides an avenue for licensing its patents to other enterprises, creating an additional revenue stream.
However, the path hasn't been without its challenges. Several of BOE's patents have come under scrutiny, primarily from other industry players like Samsung Display. Data reveals that in the years 2020, 2021, and 2022, the US Patent and Trademark Office rejected 280, 300, and 337 of BOE's patents respectively, largely due to overlapping claims with existing patents from Samsung Display. Such setbacks, while commonplace in the world of evolving technology, haven't deterred BOE. Many industry experts project that, given the current pace, BOE could potentially overtake Samsung Display in the near future. If this scenario unfolds, it would mark a significant shift in leadership from a South Korean to a Chinese enterprise. For now, the industry waits with bated breath to witness the next chapter in this technological rivalry.
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