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JOLED gears up OLED printing equipment, raises cash, finds servicing partners

JOLED gears up OLED printing equipment, raises cash, finds servicing partners

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By eeNews Europe



Underwritten by DENSO Corporation, Toyota Tsusho Corporation, Sumitomo Chemical Company, Ltd and Screen Finetech Solutions, the new shares will help JOLED start mass production of OLED displays at its Nomi Site in Nomi, Ishikawa Prefecture, in 2020 in cooperation with Japan Display. To meet this goal, the new funds will go towards the development of the world’s first printed OLED display mass-production line.

JOLED also concluded business cooperation agreement with Panasonic Production Engineering and Screen Finetech Solutions (one of its share-holders) for the sales and servicing of production equipment for large sized printed OLED displays mainly for use in TVs.
This new move will embark JOLED on the licensing of its printed OLED manufacturing technologies to manufacturers and other companies aiming to manufacture OLED displays for use in large-sized TVs.

As part of these efforts, the three companies will jointly develop businesses in development, manufacture, sales, and service of printing equipment for customers.
Developed for coating and forming OLED materials through printing, JOLED’s manufacturing technologies greatly simplify the production process compared to conventional chemical vapour-deposition methods while promising more efficiency on material use and capital investment. At present, 21.6-inch 4K OLED displays manufactured on the pilot line are shipped for use in applications such as medical monitors and high-end monitors.


JOLED’s technology licensing activities include provision of technologies for manufacture of printed OLED displays and supporting their adoption. Utilizing its experiences in design and development of production equipment that has supported manufacturing in the Panasonic Group as well as support for setting up such equipment, and its experience in joint development of printing equipment with JOLED, Panasonic Production Engineering will handle design and development of printing equipment to match its customers’ needs.

Screen Finetech Solutions, using its network and its experience in providing various types of equipment used in display manufacturing processes and related services to customers in Japan and around the world, will manufacture printing equipment under license to Panasonic Production Engineering, and will sell it and provide maintenance and other services together with JOLED.
JOLED – www.j-oled.com

Panasonic Production Engineering – www.panasonic.com

SCREEN Finetech Solutions – www.screen.co.jp

 

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