BOE will exclusively supply the flexible folding screen of Huawei Mate Xs, Shanghai Securities News reported on Thursday.
Huawei is about to release a new foldable phone. There is no doubt that flexible OLED display manufacturers are the most direct beneficiaries.
Driven by investor optimism, in the afternoon of February 20, BOE's stock price rose sharply, with a maximum increase of 8.87%.
BOE is China's largest manufacturer of flexible AMOLED panels.
BOE said in an agency survey on February 4, that in 2019, the company's flexible AMOLED shipments ranked second in the world, and it ranked first in China with a market share of 86.7%.
Its products have been used in Mate X folding mobile phones, Motorola Razr foldable phones, OPPO 5G phones, Nubia X dual-screen phones, Intel folding laptops.
Huawei will release the Mate Xs foldable phone in Barcelona on February 24, Chinastarmarket reported earlier on Thursday, adding it supports 65W fast charging and is equipped with Kirin 990 5G processor.
Due to the impact of the epidemic, the Barcelona 2020 Communication Exhibition has been cancelled. Huawei's "5G Full Scenario" series of press conferences will be held separately. The time will be changed to 21: 00-23: 00 Beijing time on February 24.
Previously, Hua Huagang just revealed that Huawei is developing the Mate Xs and will be equipped with the Kirin 990 5G processor. It is expected to be available in March this year.
