JOLED has raised 47 billion Yen....about half the total that they have said that they needed.
newspim.com
"Catch Korea" ... OLED market to catch up with Japan
Enter the article: July 11, 2018 11:26Last edited: July 11, 2018 11:26The +In addition,print
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Japanese companies have begun to improve their production systems to counter the Korean OLED (organic light emitting diode).
According to NHK on April 11, Japan's OLED developer, Joled, has been financed by four Japanese companies until last month. JOLED is a company that develops OLED with the support of Japan's private investment fund 'Industrial Innovation Organization'.
The four companies invested a total of 47 billion yen (about 474.4 billion won), of which 30 billion yen for large-sized automobile parts maker Denso and 10 billion yen for large-sized boss Toyota Corporation. Sumitomo Chemical and SCREEN Holdings, a manufacturer of semiconductor manufacturing devices, also participated in the investment.
OLEDs are thinner than general liquid crystal panels (LCDs), and they can display color shades clearly. They are used in a wide range of fields such as TVs, PCs, and automobiles. JOLED is pushing for mass production using 'printable' technology, which can reduce OLED panel manufacturing costs.
The amount of the support will be invested in the production base in the Nohmi city of Ishikawa, and JOLED is expected to build a system against the Chinese maker with a large share in the OLED market and China, which is expanding investment. .
"JOLED is in talks with other Japanese companies and investors in addition to the four companies," the company said. "The final goal is 100 billion yen (about 1 trillion won)." |
