Panasonic to withdraw from the OLED TV market and sell its OLED business to JDI?
A report from Japan suggests that Panasonic decided to withdraw from the OLED TV business as production costs are too high for the Japanese company. According to the report, Panasonic hopes to sale its OLED business to Japan Display (an agreement is expected next month).
This report is not confirmed yet. It is rather surprising as Panasonic's OLED business is focused on TV panels, while Japan Display is producing small/medium displays. In the past few years, Panasonic focused on printing technologies using Sumitomo's PLED materials.