HK Stock Price Fluctuated | BOE VARITRONIX (00710) rose more than 4%, leading the cabin intelligence of car displays, and is set to improve and expand the industry.

BOE VARITRONIX (00710) rose more than 4%, and as of the end of the press release, it increased by 4.25% to HKD 8.59 with a turnover of HKD 6.37 million. BOE VARITRONIX, reportedly the only car display module and system operation platform under BOE, provides customers with car display assemblies and smart car display systems. The company's TFT module and touch display module businesses account for 89% of its revenue, benefiting mainly from the start of mass production of TFT and touch screen display module projects, increased demand for cars overall, and increased proportion of high-end products. According to Omidia's data, in the third quarter of 2022, the company ranked first globally in terms of car display screen shipments, with a market share of 18.6%. It also ranked first in large-size shipments of 8 inches and above, with a global market share of 22.7%. Tianfeng believes that the continuous upgrading of automotive intelligence, driven by both supply and demand factors, is being led by new energy vehicles. In this context, the cabin has become a key focus for intelligentization, and car displays, as the window for human-vehicle interaction, are a direct manifestation of cabin intelligence and a differentiating competitive factor for car companies. The layout of LCD instrument panel + central control + HUD has become standard, signaling the start of the 3.0 era of information interaction. The penetration rate of HUD is expected to increase rapidly, and the layout of AR-HUD is accelerating, with 3D AR-HUD potentially being a future development direction.