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    Breaking News

    JOLED Builds Mass Production Lines in Chiba for Post-Process of Printed OLED Displays

    Utilizing $230 million raised by a capital increase through third-party allocation of shares.

    JOLED Builds Mass Production Lines in Chiba for Post-Process of Printed OLED Displays
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    04.11.19
    JOLED Inc., which develops, manufactures, and sells organic light-emitting diode (OLED) displays, has been developing the world’s first printed OLED display mass-production lines, and started building production lines for the post-process at the recently established JOLED Chiba Site.
     
    The facility development is carried out utilizing some of the funds amounting to JPY25.5 billion ((4230 million) in total, raised by a capital increase through the third-party allocation of shares, to INCJ, Ltd., Sony Corporation and Nissha Co., Ltd.
     
    OLED displays by JOLED will be produced through the pre-process from the array process to the printed OLED process conducted at JOLED Nomi Site and the module process that constitutes the post-process, conducted at Chiba Site. After passing the final inspection, the completed display products are being shipped to customers from Chiba. The production capacity at Chiba Site will be approximately 220,000 units of OLED displays per month. Chiba Site is scheduled to start operations in 2020, simultaneously with Nomi Site.
     
    This process will become operational in 2020, with JOLED set to produce medium-sized (10- to 32-inch) printed OLED displays for use in areas such as automotive displays and high-end monitors.
     
    Nissha, who recently became a joint shareholder, produces film-based touch sensors as one of its major products. JOLED will work together with Nissha in the area of touch sensors for various OLED displays in the future.
     
    With the proprietary RGB printing technology for producing OLED displays, which enables efficient production and represents a major innovation within the OLED industry, JOLED will complete the entire process of mass production lines as scheduled to offer medium-sized, high-definition OLED displays demanded by the market.
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