Japanese panel recovery! But there is still a big problem that needs to be solved

Recently, the OLED development division JOLED, which was established by Sony and Panasonic in 2015, announced that it has successfully used the “printing” manufacturing process to produce OLED panels. It has already been supplied to Sony on the 5th of this month and is mainly used in the medical field. It is reported that the printed OLED panel developed by JOLED is also expected to be equipped with playback equipment as well as vehicle and aircraft displays.

JOLED "printing" manufacturing process OLED panel

The manufacturing process of printed OLEDs developed by JOLED has gone through more than 10 years of R&D since the Panasonic and Sony eras. It has finally ushered in the commercialization stage. Although the Korean manufacturers LG and Samsung have monopolized the OLED panel market of large and small sizes, they still use the “evaporated” OLED manufacturing process and do not have an advantage in production cost. JOLED pioneered the development of a printing process, which also showed signs of recovery in the Japanese panel industry.

JOLED has always been committed to the development of OLED technology
However, although the panel developed by JOLED has ushered in the business stage, JOLED has a serious lack of financial support, so mass production is still a problem. Originally, JOLED planned to use large-scale LCD panel maker Japan Display (JDI) for mass production investment. However, currently, the LCD market is fiercely competitive and the market is sluggish. JDI itself has seen a deterioration in its cash flow, so it withdrew its initial financial aid commitment.

Japan JDI also has a funding gap
At present, JOLED has to raise funds on its own, and its top executives also travel around Japan to raise capital increase companies willing to bear a total of 100 billion yen. In addition to being able to produce OLED panels at a low cost, JOLED can also provide panel manufacturers with raw materials, production equipment and production technologies. It is rumored that Chinese panel makers are actively negotiating. Although JOLED ushered in a favorable situation with its technological advantages, its financial support is still a problem that needs to be solved urgently.

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