JOLED confirms its recent $400 million funding round, with four new strategic investors

Last month it was reported that JOLED raised around $400 million from four new investors - auto parts maker Denso ($270 million), major trading house Toyota Tsusho ($90 million) and Sumitomo Chemical and Screen Holdings.

JOLED 21.6'' 4K oled medical monitor prototypes photo

JOLED now confirmed this funding round. The total sum raised was actually a bit higher than reported - JPY47 billion, or about $424 million. It also said that these new investors are not just financial ones - JOLED will cooperate with DENSO to develop automotive OLED displays, while Toyota Tsusho will support this business using its automotive sales channels. Sumitomo Chemical will also enhance its already existing collaboration with JOLED to further develop OLED Printing materials.

JOLED, Panasonic and Screen Finetech to co-develop and sale OLED printing equipment

JOLED announced today that it signed an agreement with Screen Finetech Solutions and Panasonic Production Engineering to co-develop, manufacture and sale printing equipment for large-area OLED production (mostly OLED TVs).

JOLED 4K prototype OLED Monitor (July 2017, Japan)

The three companies aim to quickly commercialize a new business that will be based on JOLED's manufacturing technology. JOLED plans to license its inkjet printing technology to OLED makers. JOLED has been developing its technology in collaboration with Panasonic since its founding in 2015. JOLED's technology was originally developed in Panasonic at around 2006.

Visionox to sell its PMOLED business?

Visionox announced a complex restructuring move, that seems to indicate that the company (which recently reversed-merged with Black Cattle Foods) aims to focus on its AMOLED business and sell its PMOLED business.

The new restructuring, or the PMOLED business sale, involves several China-based companies - including local municipalities, financial investors and even a travel company.

Oppo R17

The Oppo R17 is an Android smartphone that features a 6.4" 1080x2280 (394 PPI) notch-type AMOLED, a Qualcomm Snapdragon 680 chipset, 8 GB of RAM, 128GB of storage, microSD slot and Dual SIM.

Oppo R17 photo

The R17 is now shipping globally, starting at around $625 (note: affiliate link to Amazon).

StarVR One

StarVR's One is a VR headset that features dual 4.77" 2440x1080 90hz AMOLED displays with a wide FOV (210-degree horizonal, 130-degree vertical). Other features include integrated Tobii eye tracking with IPD measurement, Dynamic Foveated Rendering, USB Type-C connectors and SteamVR tracking.

StarVR One photo

StarVR did not yet detail anything regarding pricing and availability for the StarVR One headset.

LGD: OLED TV shipments more than double in the first half of 2018

LG Display announced that it sold over 1.3 million OLED TV panels in the first half of 2018 - more than double the number of OLED TV panels sold in the first half of 2017 (0.6 million). LG Display says it aims to improve it production efficiency and sell more than 1.6 million OLED TV panels in the second half of 2018.

LG 65OLEDC8 photo

LG Display started producing OLED TVs in 2013 - when it sold 200,000 units. In 2017 it sold 1.7 million panels. LGD aims to finally turn its OLED TV business into profitability in 2018.

Samsung may resume OLED production at its A4 line in October following new smartphone OLED orders

Due to lower demand for flexible (due to several reasons, see here) in late 2017 and early 2018, Samsung's utilization rates at its flexible OLEDs fab were quite low, and its A4 production line was pretty much unused for the time.

But demand for mobile OLED displays is now on the rise, and a report from Korea now suggests that SDC aims to resume flexible OLED production in its A4 line in October 2018 - as the company secured new ordered for smartphone OLEDs from Chinese phone makers.

DSCC: OLED area shipments on the rise, driven by OLED TVs

DSCC says that OLED area shipments grew 30% in the first half of 2018, mostly driven by strong growth in OLED TV shipments (a 98% increase from last year in term of area shipments). Smartphone OLED shipments stagnated in the first half, but growth will resume in the second half of the year - area shipments will grow 47% compared to H2 2017.

OLED shipment area by application (2016-2018, DSCC)

DSCC estimates that OLED TV panel revenues in the first half of 2018 grew 80% compared to the first half of 2017. Modern price declines were offset by a rise in unit shipments.

Cambridge Isotope Laboratories - Deutreated Reagents and High-Purity Gases for OLEDsCambridge Isotope Laboratories - Deutreated Reagents and High-Purity Gases for OLEDs