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JOLED Inc.

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JOLED Inc.
Native name
株式会社JOLED
Public KK
ISIN🆔
IndustryElectronics
Founded 📆January 5, 2015; 11 years ago (2015-01-05) in Tokyo, Japan
Founder 👔
Headquarters 🏙️Chiyoda, Tokyo, Japan
35°41′28″N 139°45′43″E / 35.691159°N 139.762019°E / 35.691159; 139.762019Coordinates: 35°41′28″N 139°45′43″E / 35.691159°N 139.762019°E / 35.691159; 139.762019
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Area served 🗺️
Key people
Tadashi Ishibashi (CEO and President)
Products 📟 OLEDs
Members
Number of employees
610
🌐 Websitej-oled.com
📇 Address
📞 telephone

JOLED Inc. (株式会社JOLED, Kabushiki-gaisha JOLED) is a Japanese display technology company incorporated as the result of a consolidation of the OLED business units of Panasonic and Sony. Notable for pioneering the inkjet printing process for coating emissive materials, it is specializing in development and production of OLED displays and of which cost-effective manufacturing system.[1][2][3]

History

Panasonic and Sony, the producer of Sony XEL-1, had been developing OLED technology independently and, in July 2012, struck an agreement to jointly conduct the development to make OLED televisions commercially viable.[4] In the CES 2013, the prototypes of inkjet-printed, RGB OLED television as large as 56-inch were demonstrated by Panasonic.[5] However, aside from revealing prototypes, the pact between the two companies failed to deliver and was brought to an end in December 2013.[6]

On July 31, 2014, Sony, Panasonic and Japan Display, the display joint venture of Hitachi, Toshiba and Sony, announced plans to establish a company named JOLED by early 2015 that inherits the OLED operations of Sony and Panasonic to develop small-to-medium size OLED displays namely for tablet devices, not the bigger ones for televisions they originally had been working on, and that there is the ongoing negotiations for investment with INCJ, a public-private fund in Japan. Apart from INCJ which would inject 75 percent of startup capital, Japan Display (15%), Panasonic (5%), and Sony (5%) were set to participate as initial investors as well.[7][8]

In January 2015, JOLED formally came into operation, and reportedly started to make use of Sony's WRGB technology and Panasonic's inkjet printing method, targeting markets for tablets, laptops and signage.[9]

In 2016, Japan Display made clear of its intention to increase its stake in JOLED to more than 50 percent by the end of 2017 to bolster its own OLED business but the plan did not materialize.[10][11]

In March 2017, JOLED made its first exhibition of printed OLED displays ranging from 12 to 21 inches at the CeBIT 2017 held in Hanover, Germany. By May, the company started to sample 21-inch, 4K OLED display panels,[12] and in December, it shipped Sony a first batch of the panels for the latter's high-end medical displays, becoming the first to sell an OLED display panel manufactured with an inkjet printing technology which is considered to be more cost-effective than the existing evaporation method requiring vacuum chamber.[2][13]

In January 2018, Asus exhibited a 21-inch monitor using the JOLED panels.[14]

In March 2018, JOLED attracted fresh fundings led by Denso.[15][16] In July, JOLED started to build a mass production facility for its display panels in Nomi, Ishikawa with an aim to start operation from 2020. In November 2019, the construction of the Nomi plant has been completed.[17]

In April 2019, JOLED completed a new plant in Chiba that will post-process OLED display panels produced in the Nomi plant.[18]

In October 2019, Eizo debuted a high-end monitor featuring the 21-inch panel from JOLED kicking off the trial production in the new plants. Toyota announced an incorporation of a flexible OLED display co-developed by JOLED and Denso into its concept car, the Toyota LQ, the same year.[19][20]

In June 2020, Chinese electronics company TCL Technology invested US$281 million and took a 10.76 percent stake in JOLED which would in turn license its manufacturing technology for TCL's development of an OLED television.[21][22]

In the late 2020, JOLED announced the respective partnerships with U.S-based Rosen Aviation and Germany-based AERQ, both aviation display suppliers.[23][24]

External links

References

  1. "JOLED". oled-info.com.
  2. 2.0 2.1 "Japan Display affiliate becomes nation's first to commercially sell OLED screens". Reuters. 2017-12-05. Retrieved 2020-09-05.
  3. Raikes, Bob. "Has OLED Cleared a Hurdle for IT?". DisplayDaily. Retrieved 2020-09-05.
  4. Saito, Reiji Murai, Mari (2012-05-15). "Sony, Panasonic in talks to make OLED TVs: sources". Reuters. Retrieved 2020-12-28.
  5. "Panasonic Surprises at CES 2013 With 4K OLED HDTV, 20-Inch 4K Tablet". PCMAG. Retrieved 2020-12-28.
  6. Souppouris, Aaron (2013-12-25). "Sony and Panasonic reportedly cancel OLED TV partnership". The Verge. Retrieved 2020-12-28.
  7. "Sony, Panasonic, Japan Display Plan OLED Joint Venture". EE Times. 31 July 2014. Unknown parameter |url-status= ignored (help)
  8. Staff, Reuters (2014-07-31). "Sony, Panasonic, Japan Display say to set up OLED displays JV". Reuters. Retrieved 2020-12-28.
  9. "JOLED begins operations, aims to mass produce 10-20 inch OLED displays by 2017 | OLED-Info". www.oled-info.com. Retrieved 2020-12-28.
  10. Wilson, Thomas (2016-12-13). "Japan Display to raise stake in OLED display maker Joled: Nikkei". Reuters. Retrieved 2020-12-28.
  11. Staff, Reuters (2017-06-07). "Japan Display delays investment in JOLED until at least 2018". Reuters. Retrieved 2020-12-28.
  12. "JOLED starts to sample 21.6" 4K printed OLED monitors | OLED-Info". www.oled-info.com. Retrieved 2020-09-05.
  13. "Japan enters display fray with world's first printed OLED panels". Nikkei Asia. Retrieved 2020-12-28.
  14. "Asus announces 4K HDR OLED monitor". FlatpanelsHD. Retrieved 2020-09-05.
  15. Staff, Reuters (2017-12-26). "Japan's Denso considering $440 mln investment in JOLED - Kyodo". Reuters. Retrieved 2020-12-28.
  16. "Japan's Denso to pour $282m into OLED maker". Nikkei Asia. Retrieved 2020-12-28.
  17. "JOLED unveils printed OLED production line". DIGITIMES. Retrieved 2020-12-28.
  18. Shilov, Anton. "JOLED Starts Trial Production of Printed OLED Sheets at 5.5G Plant". www.anandtech.com. Archived from the original on 2020-09-28. Retrieved 2020-09-05.
  19. "JOLED starts sampling printed OLED panels at its 5.5-Gen Nomi site | OLED-Info". www.oled-info.com. Retrieved 2020-12-28.
  20. "OLED, Jointly Developed by Denso and JOLED, Adopted for the TOYOTA Concept Car "LQ" – JOLED Inc". Archived from the original on 2021-01-21. Retrieved 2020-12-28.
  21. "Panel Maker TCL to Invest $281 Million in Japanese Peer JOLED - Caixin Global". www.caixinglobal.com. Retrieved 2020-09-05.
  22. Reuters, Makiko Yamazaki. "Japan's JOLED to raise 20 bln yen from China's TCL". www.nasdaq.com. Retrieved 2020-09-11. Unknown parameter |url-status= ignored (help)
  23. "JOLED and Rosen Aviation to co-develop medium-sized OLED solutiosn for aircraft interiors | OLED-Info". www.oled-info.com. Retrieved 2020-12-26.
  24. "AERQ and JOLED work to integrate medium-sized OLED displays". Aircraft Interiors International. 2020-12-02. Retrieved 2020-12-26.


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