On January 27, 2021 local time, the U.S. International Trade Commission (ITC) voted to initiate a 337 investigation into certain active-matrix OLED display devices and their components, involving BOE.
Today (29), BOE issued an announcement stating that after verification, Solas OLED Ltd. currently claims a total of 2 U.S. patents for the company's specific active matrix OLED products, involving array substrates and drive circuit technology respectively.
BOE pointed out that the company has more than ten years of technology research and development experience in the OLED field, masters the core key technologies in this field, has independent intellectual property rights, respects the intellectual property rights of others, and conducts intellectual property checks before implementing new technologies to prevent infringement risks.
In addition, BOE emphasized that the company has set up a special working group to actively respond to this 337 investigation. According to preliminary judgment, this 337 investigation will not have a substantial impact on the company's current production and operations.
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