JDI looking for money to invest in OLED, target 500 billion?

Japan Display Inc, a small and medium-size LCD panel maker undergoing operational redevelopment, has made requests for financial assistance from Apple and Huawei, and JDI is also reportedly negotiating capital with three Chinese panel makers, including BOE, Including Apple, Huawei's capital calculations, JDI plans to raise as much as 500 billion yen from the external funding.

According to the report, both Apple and Huawei are big customers of JDI, and both compete with South Korea's Samsung Electronics in the global smart phone market. Currently, smart phone panels are accelerating from liquid crystal panels to OLED panels that are almost exclusively supplied by Samsung , So for Apple, Huawei, how to obtain low-cost, stable sources of OLED panel supply will be the key issue in the future.

It is reported that JDI lags far behind rivals in the research and development of OLED panels. In order to improve performance, it is anxious to establish mass production of OLED panels. Therefore, JDI has proposed to Apple and Huawei that they hope to provide funds for investing in JDI factories in Japan. The funds provided will also be used for the future purchase of OLED panel costs.According to JDI relations pointed out that Apple, Huawei is deeply interested in the proposal.

According to Harvest XQ Global Winner System Price, JDI jumped 3.42% on the 21st to close at 242 yen. Share price soared 27.03% so far this year.

JDI has not yet made an official response to the above rumor that it is seeking financial aid from Apple, but JDI has denied the rumor as "purely speculative", Reuters said, but JDI declined to give any further explanation.

Sankei Biz reported on the 20th that JDI is capitalizing on negotiations with three Chinese panel makers, BOE, Tianma Microelectronics and Huaxing Power. The goal is to raise more than 200 billion yen and plan to reach consensus by March 2018, The Chinese government that is stepping up its foreign investment control will be the key.

Hon Hai, Taiwan is also considered the object of capital cooperation JDI, but the Hon Hai's LCD panel maker Sharp (Sharp) bottleneck between the two sides negotiated.

JDI Group, Japan OLED panel developer JOLED announced on December 5, the world's first 4K OLED panel products using "put the liquid light-emitting material like a printer," has begun to ship the above shipping products Production using pilot production line, the size of 21.6 inches, has been used by Sony medical monitors.

At present, OLED panels market is dominated by South Korea's Samsung and LG, but the "evaporative" (vapor-depositing luminescent materials such as red, green and blue under vacuum on substrates), such as that used by Samsung, Compared to JOLED printing technology, the initial investment burden of small, material loss is also less, the manufacturing cost is expected to be 2-3% lower than the evaporation type.

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