JOLED (Japan OLED) was established in August 2014 by Japan Display, Sony and Panasonic with an aim to become an OLED medium display producer (focusing at first on OLEDs for tablets, monitors, laptops and signage).
JOLED received an investment from the Innovation Network Corporation of Japan, a public-private investment fund, which still holds the majority sake, with JDI, Sony and Panasonic holding smaller stakes.
In October 2017 Japan Display has decided to halt its plans to turn its minority stake at JOLED into a majority one, and so JOLED started to seek external financing to support its plan to start mass producing OLEDs in 2019 at the JDI plant in Nomi, Ishikawa. In December 2017 JOLED started commercial shipments of 21.6" 4K OLED monitor panels from its 4.5-Gen pilot line.
JOLED Is using an ink-jet printing process, which (according to the company) may enable it to produce at a lower cost - around 30-50% cheaper compared to evaporation. JOLED is using Sumitomo's P-OLED materials.
The latest JOLED news:
Earlier this month JOLED unveiled new display prototypes at FineTech Japan. Today we have received this interesting new video from JOLED that shows the displays in action:
In the video you can see all of JOLED's new prototypes. First up is the Automotive demo - JOLED demonstrated two panels, a 12.3" 1920x720 (167 PPI) panel and a 12.2" 1920x1280 (180 PPI) panel. Both are printed on LTPS backplanes (as do the rest of the company's small and medium sized panels). JOLED's latest investors, Denso and Toyoto Tsusho, are both helping the company with its entry into the automotive display market.
So first up is JOLED's first OLED TV panel. The 55" 4K (3840x2160, 80 PPI) panel offers a 120Hz refresh rate and a color gamut of 100% DCI (135% sRGB) and is printed on JOLED's Transparent Amorphous Oxide Semiconductor (TAOS) backplane.
Last month Japan-based printed OLED developer JOLED announced that it will demonstrate new OLED prototypes (including a 55" printed OLED TV) at Finetech Japan, which starts tomorrow (December 5). Today JOLED detailed the new panels it will have on display at the trade show.
So first we have two automotive displays - a 12.3" HD OLED and a 12.2" flexible (curved ) Full-HD OLED. JOLED's latest investors, Denso and Toyoto Tsusho, are both helping the company with its entry into the automotive display market.
Japan-based printed OLED developer JOLED announced that it will demonstrate a 55" 4K printed OLED TV at Finetech Japan 2018 (December 5-7 2018). JOLED will also introduce its proprietary printed OLED manufacturing technology. A few weeks ago JOLED announced that it has signed an agreement to develop, manufacture, and sell printing equipment together with Panasonic and Screen Finetech.
This is the first time JOLED will show a 55" OLED prototype (in July 2018 the company did include TVs in its future roadmap). JOLED tells us that it has no plans to produce large size OLEDs at this stage - and this TV is on display just to demonstrate JOLED's printing technology.
AUO to establish an OLED ink-jet production line, to make OLEDs for monitors and automotive applications
According to reports from China, Taiwan-based AU Optronics decided to establish an inkjet OLED production line that will be used to produce OLED monitor displays and OLEDs for automotive applications.
The new OLED line will use production equipment made by Japan's JOLED - who started commercial low-volume production of its own 21.6" 4K OLED panels, at the company's pilot 4.5-Gen line. JOLED also announced plans for a mass production 5.5-Gen line that will be established in Nomi City, Ishikawa Prefecture, by 2020, and similarly to AUO, it is focusing on monitors and automotive applications.
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 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 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).
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.
JOLED to develop high-end gaming monitors in collaboration with a Japanese professional e-sport team
JOLED announced that it will co-develop high-end gaming monitors together with the Japanese "Burning Core" professional e-sport team.
JOLED will develop the OLED monitors and Burning Core players will test the monitors and provide professional opinion so that JOLED can calibrate and perfect the image quality especially for gaming.
Japan-based OLED maker JOLED has always focused on medium-sized displays - for monitors, tablets and laptop displays. At a recent conference, JOLED revealed that in the future also aims to produce large displays - for TVs and signage applications
Towards the end of 2017, JOLED started commercial production of its 21.6" 4K OLED panels at its low volume production pilot 4.5-Gen line. JOLED's mass production line will be established in Nomi City, Ishikawa Prefecture, with a capacity of 20,000 monthly 5.5-Gen (1300x1500 mm) substrates. JOLED plans to begin mass production in 2020 at the new fab - and to produce 10- to 32-inch OLED displays for automotive displays, high-end monitors and more.
JOLED raises $400 million - half of what it needs to establish its first printed OLED mass production line
Last month Japan-based OLED maker JOLED announced official plans for its first mass production printed OLED fab, and today it is reported that JOLED have 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 intends to raise $900 million, so the current amount is less than half of what it needs to complete its first mass production line. According to earlier reports, Panasonic and Sony also intend to to invest around $50 million each.