Focusing on new displays, BOE Smart Technology and Dongchao Technology reached strategic cooperation

On February 28, Suzhou BOE Smart Technology and Anhui Dongchao Technology Co., Ltd. (hereinafter referred to as Dongchao Technology) officially signed a strategic cooperation agreement. Relying on BOE’s resource accumulation in the fields of display and Internet of Things and Dongchao Technology’s technology accumulation in the field of virtual reality, the two parties will conduct in-depth cooperation in product development, market development and other segmented scenarios such as medical care, transportation, cultural tourism, and education.

The signing of this strategic cooperation agreement marks that both parties will work together to promote the development of smart industries, jointly create a new display innovation ecosystem, and promote the integrated development of technology and industry.

According to data, Dongchao Technology is a unicorn in the virtual reality and metaverse industries and a national-level specialized and new "little giant" enterprise. It is an innovative technology enterprise focusing on "interactive aerial imaging" technology and visual interaction solutions. It has a number of internationally leading patented technologies.

Based on the development strategy of BOE Technology Group, Suzhou BOE Smart Technology uses artificial intelligence, big data, cloud computing and other technologies in the Internet of Things innovation business to focus on products and services integrating software and hardware, deeply cultivate the segmented fields of the Internet of Things, and provide overall solutions for the Internet of Things.

Image source: BOE Internet of Things Solution WeChat official account

Suzhou BOE Smart Technology has complete software and hardware products and solutions for various industries. Dongchao Technology is a global leader in virtual reality technology. The two companies have strong complementarity and compatibility in terms of technology paths, customer groups and market resources. By sharing technology and market resources, they can realize the complementary advantages of products and customers and complete the technical differentiation of friendly products, thus improving the overall market competitiveness of the two companies and effectively increasing the market share of the two companies in market segments.

Guo Chao, vice president of BOE Group and head of domestic marketing platform, said in his speech that BOE will actively support the promotion and development of Dongchao Technology in the market and jointly create more high-quality innovative products to meet the growing market demand. (Source: BOE Internet of Things Solution WeChat official account)