Apple’s Newest OLED Supplier
&gt;Even after becoming the world&#x27;s largest panel maker, the company continues to lean heavily on government subsidies. In 2019, BOE received $400 million in subsidies from various Chinese local and provincial governments. Per Chinese sources, from 2010 to 2019, they took in over $1.7 billion of subsidies - constituting over 50% of their net profit during this time.<p>This is why legislation such as the CHIPS Act should not be seen as corporate welfare but rather as leveling the playing field.