Three of the biggest names in Japanese electronics have announced they will cooperate to reinvigorate research into OLED screen production in the country.
JOLED
The new initiative is being coordinated by the Innovation Network Corporation of Japan (INCJ) - a public-private investment fund.
Cooperation will be through a new company JOLED which will be launched officially on 1 January 2015. It will pool the previous R&D experience of Sony, Panasonic and Japan Display in designing and cost-effectively manufacturing OLED screens for consumer devices.
INCJ will control 75% of voting rights in JOLED, with Japan Display holding 15%, and the other two partners 5% each.
Once development work on production technologies has reached a suitable level, Japan Display and INCJ will provide a fresh influx of funding to pay for a pilot manufacturing plant.
Consumer focus
JOLED will have a particular focus on making medium-size displays which can be fitted to tablets, lap-top computers and wearable electronic devices.
JOLED will have a particular focus on making medium-size displays which can be fitted to tablets, lap-top computers and wearable electronic devices.
This move represents a resurrection of interest in OLED development in Japan. Sony and Panasonic had previously collaborated on producing large OLED panels for television screens, but dissolved the accord in early in 2014 when they realised they could not compete with improving production techniques being developed in Korea by Samsung and particularly LG.
In the interim, Sony has maintained an interest in OLEDs, but for professional broadcasting and medical equipment, rather than consumer devices.
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