Japan Display (JDI) is a small/medium display maker, formed in September 2011 by the merger of Sonyâs, Toshibaâs and Hitachiâs display businesses and funded by Japanâs government fund Innovation Network Corporation (INCJ), which holds 70% of the shares.
JDI considers OLEDs to be the âcore technologyâ of the next generation small size and medium size displays, and in 2017 the company announced that it is going to perform a "last-chance" restructuring to focus on OLEDs as there is "no future for the smartphone panel business without OLED".
In August 2014 JDI, together with Sony, Panasonic and INCJ, launched JOLED to develop and produce printed OLED panels. In December 2016 JDI raised $635 million from INCJ to increase its stake at JOLED, and in 2020 the company raised $935 million from Ichigo. In October 2019 Japan Display announced it has started to produce OLED displays - likely indeed this is low volume production for Apple's wearables.