Japanese media Sankei Biz reported on the 26th that auto component giant Denso considered investing 50 billion yen in Japan Display Inc (JDI) group company and Japanese OLED panel developer JOLED in the hope of accelerating the development of next generation car panel using OLED technology .
In order to raise funds for mass production of OLED panels, JOLED plans to raise about 100 billion yen in funding by a third-party quota. JOLED shareholders Sony, Panasonic have confirmed that JOLED will be funded and Sumitomo Chemical holds a positive attitude towards Screen Holdings It is estimated that the above four companies will jointly invest JOLED 20,000-400 billion yen, so if Denso funding finalized, but also allows JOLED almost to ensure that the required mass production of OLED panels.
According to the report, two-thirds of JOLED's approximately 100 billion yen of funds raised will be invested in JDI's Nomi factory to expand the production of medium-size OLED panels 10 times the current size JOLED is currently shipping medium size The OLED panels are used in medical displays and are also planned to expand their use to the demand-driven auto panel market.
JOLED is an OLED panel company integrating Sony, Panasonic OLED panel business and Japan's Citizens' Fund for Industrial Innovation (INCJ) and JDI on January 15, 2015. Currently, INCJ holds a 75% stake in JOLED and JDI , Sony, Panasonic holds 15%, 5%, 5% stake respectively.
Japan News Agency reported on the 7th, JOLED has been competing peer Sharp (Sharp) requested funding.But due to the current Japanese panel makers leaving only JDI Group and Sharp camp, so if Sharp and JOLED capital cooperation, fear must go through the exclusive prohibition of law Review, so Sharp to JOLED high investment threshold.
On the possibility of funding JOLED (JOLED), Sharp President Dai Zhengwu said on December 7 that he hoped to explore Japan's policy intentions. After hearing the Japanese government's intention of developing the OLED panel industry Dai Zhengwu pointed out that 'Japan OLED Alliance should be established, and plans to discuss with Japan's Ministry of Economy, Trade and Industry and INCJ on this point.'
JOLED announced on December 5 that the world's first 4K OLED panel product using the 'printed (precision coating of liquid luminescent materials like a printer on a substrate') technology has already begun shipping. The product is manufactured on a trial production line, measuring 21.6 inches and has been adopted by Sony medical monitors.
Currently in the OLED panel market, South Korea's Samsung and LG are leading, but with the Samsung and other 'vapor deposition (in the vacuum state, the red, green, blue and other luminescent materials vapor deposited on the substrate) technology 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.