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Panasonic and Sony are back together for New Venture OLED

Panasonic OLED

Yesterday, a new OLED business was announced in Japan Joled called. Their goal: Sony and Panasonic R & D combined diode for billboards Organic Light Emitting.

The two TV makers show signs OLED TVs inkjet printed 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 aim is to accelerate Joled the development and commercialization of OLED panels. Emphasis will be placed on the evolution of the average exposure for tablets, laptops and signaling.

The consortium members are Sony, Panasonic, Innovation Network Corporation of Japan (INCJ) and Japan Show Inc.. Latter is currently high-resolution LCD panels for mobile phones, such as 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 have 5 percent. Add INCJ and Japan Show Tickets investments to fund a pilot production line when the technology 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 has signed a definitive agreement to established a new company, Joled Inc. ("Joled") integrate the functions of the organic light emitting diode Sony and Panasonic R & D ("OLED") display panels Through this collaboration., companies have in accelerating the development and commercialization of fast OLED display panels are. Joled is expected to be published in January 2015, subject to receipt of all necessary approvals.

JDI INCJ and held 75% and 15% of the voting rights in Joled and Sony and Panasonic each hold 5%. In addition, JDI and INCJ is considering additional investments to fund a pilot production plant if the technology ready for commercialization.

OLEDs are very promising as a display technology of the next generation, because the light-emitting characteristics, the screens may be lighter and thinner. Joled Assembly OLED display technology leader worldwide Sony and Panasonic, including the use of semiconductor and printing of transparent amorphous oxide for the production of OLED and flexible display technology. In addition Joled intends to take advantage of the broad portfolio of display technologies JDI. The goal is always the Joled leader in the world market for OLED display.

Joled plans to focus primarily on the development of medium-sized OLED displays for use in tablets, laptops and signaling on the unique characteristics of the OLED, lightness / thinness and flexibility, can be used. Joled try innovative products based on flexible display technologies to improve formability and durability and carry a greater weight reduction.

Joled plans to offer a new board and INCJ currently leads 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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