JDI announced it will acquire JOLED IP and some of its employees, but will not acquire its production facilitiesand technology
A few months ago we reported that Japan-based inkjet printing OLED developer JOLED has filed for bankruptcy, and that Japan Display (JDI) will take over JOLED's technology and operations. JDI released an official statement regarding JOLED and its plans for the future.
So indeed on March 7 2023, JDI signed a basic agreement to support JOLED. Since then the two companies held 'extensive discussions', following which JDI decided to form a subsidiary company called 'JDI Design and Development' or JDIDD, that will acquire JOLED’s OLED technology development business and all related operations.