Printed Electronics Now staff06.22.20
JOLED Inc. announced the conclusion of a capital and business alliance with TCL CSOT (TCL China Star Optoelectronics Technology Co., Ltd.), a display manufacturing subsidiary of Chinese high tech company TCL Tech.
Under the alliance, JOLED will raise JPY20 billion in capital through a third-party allocation of new shares underwritten by CSOT-JAPAN.
Also, JOLED will bring its proprietary printed OLED manufacturing technology and will start the joint-development of large-sized OLEDs for TV application together with TCL CSOT.
Since its inception in 2015, JOLED has been carrying out R&D of printed OLED – a manufacturing method that enables efficient production of OLEDs – and started shipping medium-sized OLEDs for medical monitor applications in 2017.
While mass-producing medium-sized displays, JOLED will prove the adaptability and effectiveness of printing technology to large-sized displays through the joint-development with TCL CSOT.