BOE held its annual Innovation Partner Conference in Beijing, and the company's chairman said that the company aims to produce at least 70 million flexible AMOLED panels. This is a sharp increase from what BOE estimated only last month.

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BOE has been known to make aggressive targets - it first aimed to produce 30-50 million AMOLED panels in 2019, but eventually the number of panels in 2019 will be around 20 million.

BOE also said that as supply of LCD displays is outstripping demand, the company will not invest further in LCD production. The company is investing heavily in next-generation OLED technologies.

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