Inkjet printing pioneer JOLED has filed for bankruptcy, following many years of struggles to increase production capacity and revenues. According to earlier reports from Japan, display maker Japan Display will take over JOLED technology and remaining operations.
There are now reports from Korea that suggest that TCL's CSoT is considering buying JOLED's OLED production equipment, and moving it to China to attempt OLED production in-house using inkjet printing. If this plan goes through, the plan is to initiate production in 2024. It's not clear whether CSoT is in talks with JDI, or whether JDI did not take over the equipment from JOLED.
In 2020, TCL (CSoT) invested 20 billion Yen (around $187 million USD) in JOLED, and has also signed an agreement to jointly develop OLED TV printing technologies. TCL is getting ready to develop large-area inkjet printed panels by 2024 based on JOLED's technology, and JOLED's equipment could assist it in its plans.
To read the entire article, sign up for OLED-Info Pro
OLED-Info Membership Benefits:
- Access to premium content
- A comprehensive guide to the OLED industry
- OLED Insights and trends analysis
- A content library of 200+ brochures, catalogs, roadmaps, presentations and more.
- Detailed structured information on OLED devices, fabs, microdisplays, automotive applications and more
- Online access, easy subscription model, cancel at any time
- Only $24.99 per month! (discounts for yearly subscriptions)
