Japan Display - Page 2

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.

In 2022, Japan Display (JDI) announced that it has developed a "historic breakthrough in display technology" - a new OLED deposition process which they refer to as eLEAP, that is said to be cost effective and can be used to create freeform OLEDs that are brighter, more efficient, and longer lasting compared to OLEDs produced using mask evaporation (FMM).

We now hear that China-based LCD maker HKC Corp has signed an agreement with JDI to adopt its technology for mass production of AMOLED displays. Under the agreement HKC will invest billions to build AMOLED factories in China, while JDI will provide the manufacturing expertise and technologies, including eLEAP. The plan is to begin mass production in 2025, with the first applications to be in automotive displays and wearable devices.

A report from Japan updates that JOLED , the OLED inkjet printing pioneer established in 2014, has filed for bankruptcy. The company has been struggling financially for a long time, and will now close down its two production lines and lay off 280 employees (out of 380), as it could not raise funds and has liabilities of around $257 million.

According to the report, display maker Japan Display will take over JOLED technology and remaining operations. 

A few months ago, Japan Display (JDI) announced that it has developed a "historic breakthrough in display technology" - a new OLED deposition process which they refer to as eLEAP, that is said to be cost effective and can be used to create freeform OLEDs that are brighter, more efficient, and longer lasting compared to OLEDs produced using mask evaporation (FMM).

According to a new report from Korea, Samsung Display is interested in JDI's new technique. Interestingly the report shows conflicting views within SDC - some are interested in adopting this new technology, especially at SDC's upcoming 8-Gen IT OLED production line, while others are more interested in preventing SDC's competitors (JDI, or others?) from using it, perhaps by pressuring OLED equipment makers to not offer needed equipment to JDI.

Japan Display (JDI) announced that it has developed a new OLED deposition technology, which they refer to as eLEAP, that is cost effective and can be used to create OLEDs that are brighter, more efficient, and longer lasting compared to OLEDs produced using mask evaporation (FMM). eLEAP also enables OLED freeform deposition. JDI regards its new technology as a " historic breakthrough in display technology".

eLEAP is based on a lithographic method, and does not require any masks. The main advantage seems to be that OLED displays produced by eLEAP technology can achieve an aperture ratio of 60%, compared with FMM OLEDs which achieve a ratio of about 28%. This means that the OLED displays can be driven at lower currents - which extends the lifetime, improves the efficiency and also enables higher-peak brightness when needed.

DSCC posted an interesting chart that details OLED smartwatch shipments by supplier. This is an interesting market as there are almost 10 suppliers with no dominant player:

In fact DSCC says that there are five different OLED panel makers (BOE, SDC, LGD, EDO and Truly) that each has a market share over 10% in 2020.

Japan Display says it is developing a new OLED production technology that will enable higher resolution and higher efficiency OLED displays, and the company is in talks with potential customers regarding a joint investment in producing next-generation OLEDs.

According to JDI's CEO, the company is using a new manufacturing technology that is different to the evaporation method currently used by OLED makers. It is not clear what is meant by that - it could be an inkjet-printing technology (but achieving high resolution for smartphone displays with inkjet printing is a challenge) or something like OVPD or OVJP - or a new technology developed in-house at JDI.

In August 2017, Japan Display announced a last-resort strategic focus on OLED displays as the Japanese display maker failed to shift to OLED displays in time. Since then JDI was busy trying to raise the funds needed to construct a large-scale OLED fab, raising $430 million from Oasis Management group and one of its customers (likely to be Apple).

As was discussed earlier, JDI now confirmed that Ichigo Asset Management will invest up to 100.8 billion yen (around $925 million) in JDI, and secure a stake of over 50% in JDI.

In August 2017, Japan Display announced a last-resort strategic focus on OLED displays as the Japanese display maker failed to shift to OLED displays in time. JDI found it extremely difficult to secure the needed funds, but it finally raised $430 million from Oasis Management group and one of its customers (likely to be Apple).

It is now reported that Ichigo Asset Management will invest up to $830 million in Japan Display.

In April 2019 Reuters reported that Japan Display (JDI) signed a deal with Apple to supply it with AMOLED displays for its smartwatches, and today JDI's new CEO Minoru Kikuoka said that the company recently started producing OLED displays - likely indeed this is low volume production for Apple's wearables.

Apple's Watch Series 5 (its latest generation) features a 324x394 1000-nits always-on LTPO AMOLED display (368x448 on the 44m model). Apple is currently buying these OLED displays exclusively from LGD.