Friday

Panasonic and Sony are back together for New Venture OLED

Panasonic OLED

Yesterday, a new OLED business in Japan announced called Joled. Your goal: Sony and Panasonic R & D for Organic Light Emitting Diode billboards combine.

Both television manufacturers, the., The first signs of printed OLED-TV Inkjet 2013 Consumer Electronics Show Sony and Panasonic have a common agreement before the development of OLED. It took 18 months and ends in late 2013.

Details appear after the break.

The stated goal is to accelerate Joled the development and commercialization of OLED panels. The focus will be on the development of average contacts for tablets, laptops and signaling.

The consortium members are Sony, Panasonic, Innovation Network Corporation of Japan (INCJ) and Japan Display Inc .. The latter is currently high-resolution LCD panels for mobile phones such as the iPhone Retina Display (according to Wikipedia).

Display INCJ and Japan respectively 75 percent and 15 percent of the voting rights of Sony and Panasonic Joled and each hold 5 per cent. INCJ screen and Japan plan to add investments to fund a pilot production line when the technology is ready for commercialization.

Here is a copy of the press release.

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"Innovation Network Corporation of Japan (the" INCJ "), Japan Display Inc. (" JDI "), Sony Corporation (" Sony ") and Panasonic Corporation (" Panasonic ") announced today that it signed a definitive agreement to established a new company, Joled Inc. ("Joled"), integrate the functions of organic light-emitting diode by Sony and Panasonic R & D ("OLED") display panels. Through this collaboration, the companies have the goal of accelerating the development and the rapid commercialization of OLED display panels. Joled is expected to be released in January 2015, subject to receipt of all necessary approvals.

INCJ and JDI held and 75% and 15% of the voting rights in Joled, and Sony and Panasonic is 5%. In addition, JDI INCJ and intends to make further investments to fund a pilot plant for the production when the technology is ready for commercialization.

OLEDs are shown due to their light emission properties to be lighter and thinner, allowing very promising as a next generation display technology. Joled technologies bring large OLED screen from Sony and Panasonic world, including the use of semiconductor and printing technology to amorphous oxide transparent OLED display technology and produce flexible. In addition Joled intends to take advantage of the broad portfolio of display technologies JDI. The goal is to be Joled the world leader in the OLED screen.

Joled plans to focus primarily on the development of medium-sized OLED displays for use in tablets, laptops and signaling, where the unique characteristics of the OLED, lightness / thinness and flexibility, can be used. Joled try to bring oriented innovative products based on flexible display technologies to enhance the formability and durability as well as other weight reduction.

Joled plans new leadership on board and currently leads INCJ the selection process. Both INCJ and JDI appoint non-executive directors and a plan to establish an appropriate governance framework laid a solid foundation for building management. "

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