JOLED represents a significant advancement in OLED technology. It has recently made headlines by selling the world's first OLED display produced through low-cost printing. The company was formed through the merger of Sony and Panasonic’s OLED businesses. According to recent reports, Japan-based automotive supplier Denso is considering a $440 million investment in JOLED, which would mark a major step forward for the company.
On December 26, it was revealed that Denso is exploring an investment of around 50 billion yen (approximately $440 million) in JOLED, a leading manufacturer of OLED panels. This move highlights growing interest in the potential of OLED technology across various industries.
A recent image shows the investment from Panasonic and Sony, with both companies reportedly planning to contribute between 5 to 10 billion yen each. Additionally, Sumitomo Chemical and Screen Holdings are also considering investments, with total potential funding expected to range between 20 and 40 billion yen. These financial commitments could significantly boost JOLED’s production capabilities and market presence.
As a subsidiary of Japan Display, JOLED recently launched its first OLED panels using low-cost printing technology. This development is seen as a breakthrough, as it addresses one of the key challenges in OLED adoption—high production costs. While OLED panels offer advantages such as flexibility, thinner designs, and richer colors compared to traditional LCDs, their high manufacturing costs have limited widespread use.
Apple’s latest iPhone X model already features OLED displays, signaling a shift toward this advanced technology in consumer electronics. However, despite these advancements, JOLED is still in the process of securing additional funding. The company is currently in negotiations with materials and equipment suppliers to raise 100 billion yen for expanding its production capacity.
According to a JOLED representative, while discussions are ongoing, no final decisions have been made yet. Meanwhile, Denso, Sony, and Panasonic have all declined to confirm or deny any investment plans, indicating that the situation remains fluid.
JOLED was established in 2015 through the combination of Sony and Panasonic’s OLED divisions. Ownership is distributed among several key players: the Japan Innovation Network Fund holds 75%, Japan Display Group owns 15%, and both Sony and Panasonic each hold 5%. This structure reflects the collaborative nature of the company and its strategic importance in the global OLED industry.
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