Chinese display maker BOE eyes VR market with new $4bn factory

Industry giant hopes to return to profit by investing in next-generation tech

20221031N BOE

BOE is the world leader in LCD displays, but is betting big on new high-end display technology. (Photo by Hideaki Ryugen)

SHUNSUKE TABETA, Nikkei staff writer

SHANGHAI - China's BOE Technology Group, one of the world's largest display manufacturers, plans to build a massive new factory in Beijing, as it looks to next-generation technology for new revenue streams.

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