| Japan Display was founded from the three major japanese companies and will be supported from the japanese government
The goal of JAPAN Display is to produce small/medium AMOLED Displays for the smartphone, handheld and tablet-pc market.
These companies will invest close to USD 2.6 Billion.
Toshiba Corp, Hitachi Ltd and Sony Corp would combine small and medium display businesses to create Japan Display and the Japanese government would provide the needed capital. On November 14, INCJ, Sony Corp, Toshiba Corp and Hitachi Ltd announced that the contract to transfer the small and medium display businesses, to Japan Display was signed.
To date, INCJ has invested approximately 325 billion yen in a total of 19 projects and is currently focused on a broad range of areas from green energy, electronics, IT and biotechnology to infrastructure-related sectors such as water supply.
It is also possible that Sony license their patents to Japan display so the new company can use that for development and volume production.
Mr. Otsuka emphasized an aggressive attitude toward the business and he believes that because three companies have experience and technologies in the OLED business!
Japan Display could produce volume OLEDs as early as 2013
Start of business:
Spring 2012
Name: Japan Display Inc.
Address: Tokyo
Capital: 230 billion yen (including legal capital surplus)
CEO: Shuichi Otsuka
Shareholders (voting rights): INCJ (70%), Hitachi (10%), Sony (10%), Toshiba (10%)
Business: Development, design, production and sale of small- and medium-sized display devices and related products
source
http://www.oled-display.net/japan-display-want-to-produce-small-medium-amoleds/ |
