According to reports, in addition to Denso, Sony, Panasonic, and OLED Luminescent Materials maker Sumitomo Chemical and Equipment Screen Holdings will also invest JPY 5 billion respectively in JOLED, whereby JOLED will raise funds of JPY 50 billion, which will be used in 2019. JDI's currently discontinued Nomi factory is the first in the world to mass-produce, adopting low-cost printing technology (an OLED panel that uses a liquid light-emitting material, such as a printer, precisely applied on a substrate).
JOLED stated that it will increase its capital by JPY 100 billion last fall, and the remaining JPY 50 billion is continuing to negotiate with domestic and foreign materials companies and trading companies.
JOLED is an integrated OLED panel company that integrates Sony and Panasonic OLED panel business and accepted INCJ and JDI shares on January 15, 2015. At present, INCJ holds a 75% stake in JOLED, JDI, Sony and Panasonic hold 15%, respectively. 5%, 5% equity.
Japanese media company Sankei Biz reported on December 26, 2017 that about two-thirds of the approximately JPY 100 billion in funds raised by JOLED will be invested in JDI's Nomi factory to expand the production scale of mid-size OLED panels to the current level. 10 times.
JOLED announced on January 5, 2018 that it has begun shipping 21.6-inch 4K OLED panel samples to Asustek. Asustek expects to become the second 4K OLED panel customer for JOLED after Sony.
At present, in the OLED panel market, South Korea's Samsung and LG are in the leading position, but the 'evaporation type' used by Samsung et al. (vaporization of red, green, and blue light-emitting materials on a substrate in a vacuum state) Compared with JOLED printing technology, the initial investment burden is small, material loss is also less, and the manufacturing cost is expected to be 2-30% lower than the evaporation type.