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Wanguo Electric mainly engages in the research and development, design, production, and sales of smart advertising machines, ranking among the top in the domestic advertising machine industry. It is one of the first domestic companies to engage in the research and development and production of OLED transparent screens and ultra-thin double-sided display screens. Its main products include OLED transparent screens, curved screens, double-sided display screens, double-sided advertising machines, front desk AI intelligent welcome systems, office conference all-in-one machines, and other related display screen systems. It has obtained the "Wanguo (WANGO)" Brand from the State Trademark Office and been recognized as a "National High-tech Enterprise" by the Shenzhen Municipal Science and Technology Innovation Committee. The company has won numerous patent awards in the industry and has been selected as a "Credible Enterprise" in the Brand Power Country Credit Plan and a National Intellectual Property Advantage Enterprise. For many years, it has been awarded the "Excellent Product Award" and "Top Ten Brands in China's Advertising Machine Industry" by industry associations. 2007 was an important year in Wanguo Electric's History. The company introduced LG DISPLAY liquid crystal screen and dot-matrix screen technology from South Korea, designing display technology with independent intellectual property rights. After the launch of these products, they were widely recognized in the home appliance market due to their excellent display screen product quality. The company then shifted its business focus to television and display screen production, thus entering a fast-growing period. Display screens require extensive technical reserves and experience accumulation in product technology, appearance design, software development, smart intelligence, and AI artificial intelligence. The company's innovation capabilities are mainly reflected in new product creative design, functional innovation, and the optimization and improvement of production technology and processes. As of December 31, 2021, Wanguo Electric has obtained a total of 92 domestic patents, including 30 utility model patents, 62 design patents, and numerous works registration certificates. Wanguo Electric's products are mainly used in the fields of display advertising machines and Internet of Things displays, and intelligent office systems. They are high-value commercial intelligent products closely related to the digital signage and AI artificial intelligence industries. In 2016, relevant government agencies, together with display companies and other industry units, established the Commercial Display Professional Committee of the China Commercial Display Association. Commercial display companies began to promote the commercial display industry, new retail, teaching tablets, and office conference all-in-one machine industries with an independent market posture. With the continuous improvement of people's requirements for the aesthetics of display screens, the display screen industry is constantly upgrading and developing. The huge scale of the large-screen display market and the relatively dispersed industry concentration have provided broad market prospects for the development of display companies. Wanguo Electric is currently steadily advancing its business layout of a full series of "high, medium, and economy-end display screens", implementing a collaborative sales strategy for multiple product categories such as OLED transparent screens, curved screens, double-sided display screens, double-sided advertising machines, and front desk AI intelligent welcome systems, using display screens as core products to build the "Wanguo (WANGO)" Brand market influence. In the future, it will continue to focus on its existing main business, seizing the rising period of the intelligent display and Internet of Things industry, consolidating its leading position in the digital signage and artificial intelligence industries, and closely focusing on the research and development, design, production, and sales of double-sided advertising machines to achieve the business goals of expanding production scale, enriching product structure, enhancing Brand image, and improving the information system.

How about Shenzhen Wanguo double-sided window advertising machine? Source: Shenzhen Wanguo Electric Co., Ltd. Publication Time: May 14, 2022 Double-sided display screen window advertising machine: In life, we often see double-sided display screen window hanging advertising machines appearing in public places such as banks, exhibitions, shopping malls, and even luxury boutiques. Compared with traditional KT board billboards, this smart screen can change video images anytime and anywhere through the background management system, thereby improving service quality and replacing manual repetitive work. Wango double-sided display screen has many functions. The double-sided display screen undertakes the work of active promotion, product introduction, news release, weather forecast, video and pictures, space saving, and company promotion in window advertising, freeing traditional manual replacement of billboards from a large amount of repetitive work and releasing enterprise HR resources. What are the functions of Wanguo double-sided screen? How about Wanguo double-sided advertising machine? What are the benefits of using Wanguo double-sided display screen for enterprises and businesses? It can improve work efficiency. With a double-sided display screen, WG-55EG2 split hanging poster screen is a new ultra-thin all-in-one product launched by our company. The product characteristics are as follows: Market mainstream professional Android 7.1 scheme design, good heat dissipation, stable performance, and easy maintenance. High-brightness screen, 1080P high-definition resolution, ultra-wide viewing angle LCD panel, avoiding the blind area of view of ordinary similar products on the market and further improving the display effect. The product uses a crystal glass frame, an ultra-thin body, and the overall thickness is only 20mm; Customers can simultaneously receive the visual impact of video and pictures brought by information release, increasing the attraction and publicity of flowing customers and potential customers; Abandoning the traditional way of passive reception publicity, which is troublesome to change posters, has no video, and monotonous pictures, bringing a more significant publicity effect; Hidden wiring design for network cables and power cords, making the overall appearance better; In terms of system design, adhering to the stability and advancement of the signage series products, providing customers with the same consistent management experience. It will change the situation where general enterprises save space and no one is on duty at night. It is not necessary to manually replace the advertising brochures, and the video effect can be replaced, and the enterprise management personnel can check all the company's released information through the software background at any time. From the perspective of technology and the future development trend of office models, compared with ordinary billboards, double-sided display screens have greater potential and are more valuable for enterprises to achieve digital transformation. The Price of Shenzhen window double-sided advertising machine, Wanguo double-sided display screen, as a digital signage device, has become commonplace. Why should enterprises use double-sided display screens? After enterprises apply the intelligent solution of double-sided display screens, double-sided display screens can replace traditional posters, signage autonomously completes video release, information management, paging, timed on/off, intelligent guidance, and a series of visitor reception processes, and records relevant data to the cloud platform storage. It can not only release manpower and compress costs but also further improve the company's overall image and show the company's strength and highlights from the side. The use of Wango double-sided display screens does not require manual intervention. According to the administrator's scheduled time, the double-sided display screen will automatically change the video management and greet the new work with "full enthusiasm." Wanguo double-sided display screen has become the focus of the commercial service advertising machine market. What specific functions does Wanguo double-sided advertising machine have? How about Shenzhen Wanguo advertising machine? Future development of smart display screens: From the industrial field to the service field, the trend of replacing manual labor with smart advertising machines is becoming more and more obvious. In the future, display screens will inevitably have a higher degree of intelligence, and the depth and breadth of Internet of Things collaboration will be stronger. More tool-type functions can be completed through the extension of display screens, such as: News release, self-media, and press conferences can be completely handed over to smart display screens to complete. While providing intelligent and humanized services, it completes service upgrades, releases people from repetitive routine activities, allowing them to focus on high-value creative activities to create greater value for enterprises and society. Taking the "double-sided display screen" subsystem in the Wango smart information management system developed by Xin Wanguo as an example, this intelligent solution integrating "management system" technology allows Wanguo products to complete intelligent guidance, environmental control, voice interaction, remote live broadcast, and equipment inspection after analyzing preset data and constructing models. Various quick functions effectively help enterprises release manpower and improve office efficiency, thereby achieving in-depth information sharing and business collaboration. How about Wanguo advertising machine? Our company is Wanguo Electric, specializing in high-end intelligent commercial digital signage. There are 5 product series and more than 100 models. If you have any products you are interested in, please feel free to contact me. I will also recommend our best products to you at any time. In addition, if you have any questions about commercial display products, OLED transparent screens/double-sided display screens/conference teaching all-in-one machines/building advertising machines/intelligent interactive display screens/smart exhibition halls/museums, rail transit, shopping mall display screens, outdoor advertising machines, and all display screen solutions, I can also answer them for you at any time. Thank you very much, and thank you again for your trust.

Global digital signage accelerates the development of smart cities, with transparent OLEDs serving as a catalyst. Currently, a new round of technological revolution and industrial transformation is brewing globally. Digital transformation has become an important strategy to promote social development and cultivate new industrial momentum, with digital technologies expanding from the economic field to areas such as government administration and social welfare. The "14th Five-Year Plan" and the 2035 long-term goals indicate the need to accelerate the construction of a digital society, provide smart and convenient public services, build smart cities and digital villages, and create a new and beautiful digital life landscape. Government and enterprise procurement is more willing to increase investment in the smart field, with the penetration rate of smart equipment continuously improving. Smart city and digital village construction are booming, and digital signage is showing explosive growth. During the 2022 National Two Sessions, the digital economy and smart cities once again became the focus of attention. Constructing digital information infrastructure, promoting the large-scale application of 5G, promoting industrial digital transformation, and developing smart cities and digital villages are included in top-level designs. Over the past two years, numerous projects exceeding 100 million yuan have emerged in the smart city industry. Data from central and provincial, municipal, and district public procurement shows that in 2021, there were nearly 4,300 winning bids for various smart city projects, with a total winning amount of approximately 108.5 billion yuan. Among them, the use of digital signage in smart city construction is showing an explosive trend. However, consumers have always been more willing to interact; traditional one-way information transmission advertising digital signage cannot identify user behavior or commands. Although intelligent service self-service terminals such as number-taking machines and self-service ordering have appeared on the market, consumers' interaction with digital signage is obviously very mechanical, and the single functionality has not made the fun come into its own. Therefore, the digital signage complex of transparent displays has long been around. Interactive digital signage can promote citizen participation and attract more attention from citizens through custom content creation. Especially with the introduction of transparent OLED displays, this innovative product category can carry a series of innovative technologies such as interactive touch, naked-eye 3D, 4K, and cloud computing, becoming a new window for improving consumer experience and office efficiency. Moreover, in the commercial field, the introduction of transparent OLED display signage has resulted in good display effects for luxury goods and precious metals. Transparent OLED displays are also used in museums, where clear and vivid colors make exhibits seem to "come alive," bridging the gap between virtual and reality. Museums are innovating, making visiting a museum feel like watching a blockbuster movie. At major exhibitions, relevant transparent screen products are also widely used, creating a visually striking experience. Government office digital transformation, driving the transition of public facilities to intelligence. The outbreak of the COVID-19 epidemic changed the way people work and live, and also brought new opportunities to improve governance. The 2020 United Nations E-Government Survey shows that the pace of government digital transformation worldwide is accelerating. This will quickly achieve the popularization of smart devices, releasing the digital dividend. Driven by this trend, transparent OLED displays may be widely used in buildings such as libraries, stadiums, hospitals, and schools. Using transparent screens can provide a wide sense of spatial openness. When holding government work meetings, the presence of screens will no longer obstruct the views of participants. Speakers no longer need to prepare paper speeches; they can simply read from the transparent display, avoiding the embarrassment of constantly looking down at their notes. In addition, the thin and light transparent OLED display is almost nonexistent, making space use more flexible and efficient, providing a new direction for government digital transformation. In terms of building smart offices, transparent OLED also has its own advantages. By installing a transparent OLED display on exterior windows, this product achieves the effect of displaying a wide panoramic view and saving space occupied by televisions and monitors, making the entire meeting room atmosphere more active. The product is also suitable for video conferencing, display, and entertainment. Differentiated value mining the hundreds of billions of yuan commercial display track, occupying a place in the future. It can be said that the "coolness" of transparent OLED displays is a major reason for their appeal. Especially when you reach out and touch the screen, and see your palm intersecting with virtual content, it feels truly amazing. Currently, more and more transparent display products are being used in commercial scenarios; shopping malls and hotels, etc., pursue a sense of space and aesthetics, and transparent OLED, with its new perspective design, can seamlessly blend with the surrounding environment, creating a wide field of vision and open space, undoubtedly providing differentiated value. Data from the global consulting firm Prescient & Strategic Intelligence shows that the transparent display market is expected to grow at an average annual rate of 46%, reaching US$4.93 billion by 2024. In the future, the application scenarios of transparent OLED displays will become even wider. With the increasing maturity of OLED transparent display technology, we may soon see these transparent displays in many high-end retail stores and public infrastructure, much like the train windows in the subway. Especially in the post-epidemic era, under the "non-contact, zero-infection" epidemic control, a new economic model has emerged, and interactive display products represented by transparent OLED displays will occupy a place in the future "commercial display" field. With the gradual implementation of "new infrastructure," in the future, with the support of 5G, AI, and other technologies, transparent OLED displays will be continuously used in the construction of smart cities, smart transportation, and other areas, creating new application scenarios and empowering intelligent life.

With increasingly fierce market competition, businesses have more complex advertising needs and ever-evolving models. A successful advertisement should attract attention, increase product and Brand awareness, and, on a deeper level, help shape the corporate image and convey the Brand's philosophy.

       With social progress and scientific and technological development, people's living standards are constantly improving. You may not have forgotten that the stairwells and elevator entrances of the residential area where we once lived were covered with various pieces of paper, and some information notifying us. Such pasting not only affects the city's appearance and is annoying, but some sticky pieces of paper are also difficult to clean. However, in recent years, this situation has rarely been seen because many elevators in office buildings and residential areas are now equipped with building advertising machines of various Sizes. The reason why building advertising machines have been welcomed by people as soon as they appeared is that they have the following advantages:

Wango's new generation of OLED transparent advertising machines debuted in Shenzhen, boasting 40% transparency. Wango, celebrating its 15th anniversary in commercial display technology, launched its OLED transparent display screen in 2020. This screen uses a thinner, visually superior WANGO OLED screen. Since then, OLED screens have been increasingly adopted in various products. Wango Electric Company is one of the few global suppliers of OLED transparent screens. However, they primarily produce larger OLED screens for commercial display advertising machines and similar products; they don't have the same level of influence as XM in the OLED screen market for smart displays. WANGO, known for its transparent OLED screens, continues to innovate in this field. They subsequently launched transparent OLED screens and began production of 55-inch full HD transparent OLED screens in January of last year. WANGO's new generation of OLED transparent screens will be used in commercial digital signage, vertical advertising machines, and smart robots, featuring full HD resolution and 40% transparency.

Wan Guo Electric Liu Guohua: Unite as one to create an international double-sided display brand One-point interview 2019/11/04 11:19 Estimated broadcast time: 8 minutes 41 seconds 柳岩 Mandarin broadcast Listen to the news Estimated broadcast time: 8 minutes 41 seconds 柳岩 Mandarin broadcast Listen to the news The second China Tangshan Industrial Design Exhibition opened grandly on October 31, 2019, at the Tangshan Nanhu International Convention and Exhibition Center. Many well-known domestic and foreign industrial brands brought their new products to showcase the future trends of industrial design. As a leading brand in the electrical appliance industry, Shenzhen Wan Guo Electric also made a grand appearance at the Tangshan Industrial Design Exhibition, marking the start of a new round of exhibition brand promotion for Wan Guo Electric. Shenzhen Wan Guo Electric Co., Ltd. is a high-tech enterprise integrating scientific research, development, production, and engineering. The company uses LG brand LCD screens to produce double-sided ultra-thin display advertising screens, transparent display showcases, large-screen touch conference all-in-one machines, commercial display advertising machines, and other products. Nowadays, the commercial display advertising machine industry has gradually entered a mature stage, and the market's demands for advertising machine products are getting higher and higher, especially in terms of picture contrast, image quality processing, and eye protection. Wan Guo's unique "snap-on design" reduces the power consumption of the screen, effectively solving the above problems. At this exhibition, Shenzhen Wan Guo brought a multi-series of double-sided screen advertising machines. The high-definition advertising machines with their slim and stylish appearance and stunning playback effects have subverted the traditional display modes of projectors and laser advertising machines. They can switch playback on both screens simultaneously and are rapidly entering the commercial display market. Entering the Shenzhen Wan Guo booth, visitors saw a wide range of products, including the EG3 series of narrow-border double-sided display digital signage (vertical hanging type), the EG7 series of diamond-base double-sided digital signage (vertical type), and the F series with a touch double-sided glass screen. The double-sided screens attracted everyone's attention, and many exhibitors came forward to observe and exchange ideas. Open the app to view more wonderful pictures   The booth of Shenzhen Wan Guo Electric was crowded with people The technical team independently developed China's transparent screen Wan Guo Electric has achieved an industry revolution through a simple screw replacement and modification. According to Liu Guohua, general manager of Wan Guo Electric, the double-sided screen technology is now in use, mainly in new retail areas, bank branch windows, and other aspects of domestic smart city upgrades. For example, in the application scenario of a clothing store, the number of times and styles of clothing taken by customers each day are accurately transmitted to the owner's backend, WeChat, and email through artificial intelligence, allowing store owners to analyze customer groups and obtain more accurate market needs. This artificial intelligence recognition system can be used on all products, from water to laptops. When asked about companies he admires, Liu Guohua, general manager of Wan Guo Electric, said: "Internationally, I admire South Korea's LG. They are our role model, but they tend to do everything. We currently focus on doing one industry well. In the future, we will also develop a state where we can comprehensively plan and expand." Wan Guo Electric has always focused on the technological development and sales of LCD double-sided screens, forging ahead on the path of product micro-innovation. On the one hand, Wan Guo Electric is the world's first in the LCD field, and is a leader in the double-sided screen field. Regarding LG, Wan Guo is ahead of them in LCD screens, while LG is ahead of Wan Guo in OLED screens. On the other hand, Wan Guo Electric is also a leading company in large-screen flexible splicing technology. This flexible splicing technology has been widely used in the wave-shaped design of the Guangzhou TV Tower. Snap-on mode leads the double-sided screen black technology Shenzhen Wan Guo has solved the pain points of end customers through micro-innovation in conventional products. This not only ensures that the product technology can concentrate on overcoming difficulties, but also gives the product unique advantages and achieves a major breakthrough in appearance. Regarding the bottlenecks in team technology research and development, Liu Guohua frankly admitted: "Our team spent about 36 hours almost non-stop working on a simple screw on the exterior. We sat on the floor, constantly examining why there had to be a screw. As a founder and leader, I demanded that there be no screws. However, the engineering department couldn't design it without screws. After more than 30 hours of hard work, they finally came up with a solution: the entire frame has no screws. The snap-on mode solved the screw problem. Traditionally, we would use screws to make it more stable. Later, the snap-on mode was developed, and the principle was fine, and everyone agreed. However, it took two months to find a suitable supplier because their supply volume was too large." In the product development process, Wan Guo also shoulders the mission of energy saving and emission reduction. Liu Guohua said that the thinnest screen is now 20mm thick. Five years ago, it was 60mm-80mm, a reduction to one-fourth. This reduces energy consumption, and the wattage is now double what it was before, now at 40 watts, compared to 80 watts before. Previously, double-sided displays meant one display on each side, like two TVs back-to-back. Now, we have designed a system that allows for simultaneous and different displays, driving two screens with one motherboard. It's difficult to achieve this with the same backlight source. Supply exceeding demand has become a bottleneck in current development General Manager Liu Guohua in talks with exhibitors Liu Guohua did not shy away from discussing the difficulties encountered in current cooperation areas: "In new areas, because this transparent screen can bring customers many fantasies and dreams, there are so many things they want to achieve. However, there are technological bottlenecks. The output of our transparent screens has not yet reached a certain level, resulting in high prices. In fact, we can achieve some things, but we are a manufacturer and distributor, and in a commercial model, we still need to consider profit. However, without volume, the products will be expensive, making it difficult to meet customer needs." Shenzhen Wan Guo also has greater ambitions in channel development. Liu has a clear understanding of the future direction of development: focusing on high-cost-effective products. Liu said: "We will continue to make this difficult point for customers into a civilian, mass-produced product, and then face the market." The secret to success is persistence and innovation Looking back at the commercialization of the commercial display industry in the Chinese market over the past few years, Wan Guo Electric has played an irreplaceable leading role. In 2017, the debut of Wan Guo's A1 transparent display cabinet, with its self-developed screen sound field technology and minimalist design style, fully demonstrated the advantages of transparent technology in displaying products. It not only allowed consumers to re-understand the transparent display effect but also drove a new wave of consumption in the Chinese market for transparent LCD screens. Regarding the secret to the company's success, Liu Guohua believes it is ultimately the company's 12 years of persistence and the cultivation and trust in the young team. "Because we are in a young era and an era of intelligent internet, it is young people who design things that better meet the current market needs. They are more in line with the aesthetic needs of this era, in terms of aesthetics and application, young people are far superior to people of our age." In future competition, as long as the company can persist in innovative development and fit the general trend of the industry, it can continuously grow stronger. This is both a requirement for future development and the fundamental way for Wan Guo Electric's long-term development. Wan Guo Electric has participated in the Canton Fair and the Dubai Industrial Design Exhibition. It has customers from all over the world and has reached cooperation with 17 countries. Currently, German BMW car exhibitions use Wan Guo's products, and Yili's intelligent meeting records also use them. Regarding the future market for double-sided screens, Liu Guohua said that the technology will be widely popularized in five years. We have every reason to believe that Wan Guo Electric will lead display technology to new heights in the industry. (Xiao Chen)

On December 27, the 23rd China Hi-Tech Fair (CHTF), themed "Promoting High-Quality Development and Building a New Development Pattern," opened grandly in Shenzhen.     As a global technology event, this year's CHTF showcased products and technologies covering many cutting-edge technological fields such as smart homes, robotics, communications, and the Internet of Things, providing online and offline attendees with a comprehensive display of various core technologies.     Smart Display: "LED Transparent Screen + AI" Strong Combination     Born in Shenzhen, Wanguo Electric is a large-scale commercial display Manufacturer integrating R&D, production, and sales, and it is a leader among LCD large-screen Manufacturers.     At this year's CHTF, Wanguo Electric showcased its OLED transparent LCD screen and its Applications. This OLED transparent LCD screen boasts an ultra-thin 6.6mm body, reaching the industry's top level, maximizing space savings for users; a viewing angle of up to 178°, approaching horizontal; a display brightness of 400 cd/m2, a transmittance of 40%, and a wider color gamut. It also uses nano full-lamination capacitive touch for smoother touch operation. The meticulous attention to detail makes Wanguo Electric's OLED transparent LCD screen display clearer, with superior color performance, and reduced energy consumption.     Supported by excellent product capabilities, Wanguo Electric's OLED transparent LCD screen also features innovative Applications. Its dual-display system can achieve same-side and opposite-side displays under the support of the same motherboard, and it supports picture-in-picture functionality; it can be used as a narrow-border double-sided digital signage, a vertical double-sided digital signage, or a double-sided glass screen with touch functionality, allowing the transparent LCD screen to be placed in any display area. It also supports 5G connectivity, allowing control of screen display content via Mobile, and it supports voice control and facial recognition functions, further helping companies expand usage scenarios.     Wanguo Electric's General Manager Song said: "Some unmanned supermarkets overseas have already adopted our products. Simply placing goods in front of our screen will automatically introduce the product's functions and Applications, and then facilitate the purchase."     Driven by its excellent innovation capabilities and product strength, Wanguo Electric's OLED transparent screens and related products have been widely acclaimed in Europe and the Americas, and will become a representative of high-quality home appliance companies in China.

Chinese and South Korean power battery giants are vying to establish a presence in Indonesia, with LG leading a $9 billion project. By Qin Yixiao, The Paper April 18, 2022 22:49 Source: The Paper In addition to the Chinese battery giant CATL, a South Korean consortium led by the world's second-largest battery manufacturer, LG, has recently invested in a battery supply chain project worth approximately US$9 billion (approximately RMB 57.28 billion) in Indonesia. A preliminary agreement has been signed with Indonesian state-owned enterprises. According to Yonhap News Agency, a South Korean consortium consisting of LG Energy Solution, LG Chem, and LG Solar signed a non-binding investment framework agreement on April 14 with Indonesian mining company PT Aneka Tambang (Antam), Indonesian Battery Corporation (IBC), and other companies in Indonesia. Government officials from Indonesia's Investment Ministry and State-Owned Enterprises Ministry also attended the signing ceremony. LG Energy Solution stated that the project with Indonesia aims to establish an "end-to-end value chain" for electric vehicle batteries, including sourcing raw materials, producing key battery components (precursors and cathode materials, etc.), and manufacturing power batteries. "We hope that through this project, we can ensure a stable supply of battery raw materials, thereby improving the competitiveness and profitability of our battery business." said LG Energy Solution. Indonesia is the country with the richest nickel reserves in the world and the world's largest nickel producer. Data from the United States Geological Survey shows that in 2020, the world's nickel reserves were approximately 94 million tons, with Indonesia ranking first with approximately 21 million tons, accounting for 22%. Data source: United States Geological Survey (USGS) Nickel is a key raw material used in the production of stainless steel and ternary lithium batteries. So-called ternary lithium batteries refer to lithium batteries whose positive electrodes contain three elements: nickel, cobalt, and manganese, which constitute the "ternary precursor". Because nickel has performance advantages in improving the energy density of batteries, high-nickel batteries are gradually becoming an important development direction for ternary lithium batteries. With the global energy transition and upgrading, increasing carbon emission reduction requirements, and the sustained high prosperity of the new energy vehicle industry, the demand for power batteries and battery raw material metals has grown significantly. Sumitomo Metal Mining, Japan's largest metal smelter, recently stated that due to strong electric vehicle demand, global demand for battery-grade nickel is expected to increase by more than 20% this year, rising from nearly 330,000 tons in 2021 to more than 410,000 tons in 2022. Currently, the Price of the core battery raw material lithium carbonate has continued to rise for 16 months, with Prices increasing nearly tenfold. Since the beginning of this year, the Prices of important metal materials such as nickel and cobalt have also shown a continued upward trend. With the continuous increase in the Price of upstream raw materials and supply-demand imbalance, the new energy industry faces the dual pressures of supply shortages and rising costs. Laying out overseas mineral resources to ensure supply chain stability has become a consensus among major global power battery manufacturers. On April 15, CATL, the world's leading power battery manufacturer, announced that it would invest nearly US$4 billion (approximately RMB 25 billion) through its subsidiary to build a power battery industry chain project in Indonesia. The partners are Indonesia's PT Aneka Tambang (ANTAM) and PT Industri Baterai Indonesia (IBI). Currently, the total investment amount confirmed for this project does not exceed US$5.968 billion (approximately RMB 38.02 billion), and the planned construction period is five years.

LG Regains Top Spot, Why Did BOE Fail in the TV Panel Market? Article Timely Financial Reading Published: 2022-04-19 18:27 High-quality financial field creator Follow   When it comes to the changes and developments in our society today, I think everyone can strongly feel the enormous pressure of surviving in society. Whether it's work or family, we are under tremendous pressure, and this is an inevitable trend in social development.     In fact, not only we, but also the competition between countries is becoming more obvious. Whether it's the breakthrough of 5G technology or the comparison of comprehensive national strength, our country has made certain achievements in the international arena. As the saying goes, "The higher you stand, the more people chase you."     Besides Huawei, which we all know, competing with Apple in 5G technology, many other companies are also engaged in fierce competition with well-known foreign companies. Like what we are going to talk about today, BOE (Beijing Oriental Electronics Technology Co., Ltd.), an Internet of Things company that provides port products and professional services for information interaction and human health, and its competitive relationship with LG, a South Korean company with high achievements in electronics, home appliances, chemicals, and energy.     1. LG and BOE     Speaking of BOE, everyone should be familiar with it. As a local company established in 1993, its business scope covers almost every aspect of our lives, such as medical care, finance, education, and art. Their main business is to provide people with more convenient and efficient services and build an Internet of Things platform in the era of rapid Internet development.     Its most famous is the smart IoT business, which is a series of services we enjoy on the Internet every day. It mainly provides innovative applications and services such as TVs and monitors based on display and manufacturing technologies.     Data shows that in 2019 alone, the number of new patent applications reached 9657, with more than 90% being invention patents, and the cumulative number of usable patents exceeded 70,000. This is its innovation capability. In its annual report released in 2021, we can also see that its annual revenue has reached 219.31 billion yuan, a year-on-year increase of 61.79%. In 2021, it also made the Brand Finance 2021 Global Brand Value 500, which is a very strong Internet company.     The South Korean company LG is also not bad. As a high-tech company established in 1947, its business scope covers chemicals, energy, electronics, home appliances, communications, and services. Although it initially only had two fields: electronics and chemicals, as these two fields became stable in the world, LG gradually expanded its business scope.     Today, LG has established more than 300 overseas offices in 171 countries around the world, with nearly 160,000 employees worldwide, annual sales reaching US$73 billion, and businesses covering the electrical and electronics, trade and services industries.     If we talk about the necessary connection between these two large companies, I think corporate competition is one of them. Both have their unique products in the TV panel field, and market share and annual shipments are important connections between the two.     2. Competition between LG and BOE     The competitive relationship between LG and BOE is not a recent phenomenon. The two have been competing in the TV panel field for a long time. However, because LG was established earlier and has more experience, it has always been firmly in the first place in sales. BOE could only temporarily take second place.     However, in 2018, BOE's cumulative shipments surpassed LG for the first time, winning the championship. With total sales of 54.3 million TV panels, it surpassed LG, which had always been at the top, becoming the world's largest supplier of panels for smartphones, computers, and other fields. It is also the world's largest supplier of LCD TVs and monitor panels.     However, BOE's position as the "panel leader" didn't last long, and was once again taken over by LG. In the fourth quarter of 2021, according to the survey data from relevant British media, we can see that BOE's TV panel market share in the global market was only 20.6%, while LG won with 23.8%, ending BOE's short-lived title of "panel leader."     As for the gap between the two, industry experts believe that it is the competition between LCD and OLED. LCD is the abbreviation of liquid crystal display, which has the advantages of clear images, thinness, and no radiation, and is also an important raw material for the production of our current TV panel.     OLED is also known as organic electroluminescent laser display, organic light-emitting semiconductor. It is similar to LCD in that it has the advantages of clear images and no radiation. However, compared with LCD, OLED also has many advantages that it doesn't have, such as self-illumination, wide viewing angle, higher contrast, and lower power consumption.     Obviously, OLED has more advantages and is more suitable for making TV panels. Similarly, its better performance also means higher costs and more expensive raw materials. The reason why the current competition between TV panels is the competition between LCD and OLED is because the two giants producing TV panels use these two different raw materials.     From the current situation, BOE may be seeking stability and has always been using traditional liquid crystal displays, which is the LCD mentioned above. LG has already completed its transformation last year, and has started to develop better-performing OLED. Many people speculate that the main reason why BOE was able to surpass LG in a short period of time is that LG was in the transformation stage at that time.     However, from a long-term development perspective, OLED is very likely to replace LCD, after all, it has better performance. According to publicly available information, in 2021, LG's OLED TV panel sales reached 7.4 million units, a year-on-year increase of 65%, which is also an important reason why LG was able to regain its peak.     Although the two are still competing, the main reason is that the LCD has a higher cost performance and a lower price. Once the OLED technology matures and the price becomes stable, it will be difficult to see traditional LCD TV panels on the market, and they will be replaced by OLED TV panels with higher cost performance and better performance.     3. Conclusion     The competition between LG and BOE may last for many years, after all, OLED TV panels are a well-known "hot item", and no one will be willing to give up on it. Although BOE is still using LCD TV panels on a large scale, it has not given up on the OLED TV panel field, and is working on both fronts. Obviously, we don't know who will dominate the TV panel field in the future, it all depends on their future development.     From this incident, we can also find that for any industry to achieve success in that field, in addition to its own development path and strategic decisions, innovation is the most important factor. Innovation is also a necessary factor for the development of our times, and it is also an important vitality for a company to remain prosperous. Only through continuous innovation can we not be abandoned by the market. What are your opinions and thoughts on this? Welcome to add your comments in the comments section!     Disclaimer: If the content of this article involves works, copyrighted images, or other issues, please contact the author of this account within 30 days. If the reflection is true, we will delete the responsible article immediately. This article is for reference only and does not constitute any investment or application advice.

Shenzhen Wanguo Electric Co., Ltd. is a high-tech enterprise integrating scientific research, development, production, and engineering. The company uses Korean LG LCD screens to produce double-sided ultra-thin display advertising screens, OLED transparent advertising machines, OLED curved splicing, large-screen touch conference all-in-one machines, commercial display advertising machines, and other products. The company is located in Fuhai Street, Bao'an District, Shenzhen, and has a modern scientific research and development base and a high-quality scientific research team. It is committed to the industrial development and service of optoelectronic fields and information release system application products. The company adheres to the corporate tenet of "honesty and trustworthiness," and its products are sold all over the world. With the continuous expansion of the company, it is gradually building itself into a large-scale enterprise with comprehensive business capabilities across industries, regions, and countries.

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