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Technology Stocks : OLED Universal Display Corp
OLED 136.35-0.4%10:24 AM EDTNews

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JOLED raises about 100 billion yen to mass production of printing type organic EL


JOLED (Chiyoda-ku, Tokyo, President Nobuyuki Higashi Irumori ), an affiliate of the Japan Display (JDI) , will implement a third-party allotment of shares to strengthen its policy of procuring funds for mass production of organic electro luminescence (EL) It was.
It is estimated to be around 100 billion yen for mass production of printing organic EL display planned at JDI Noumi factory (Nomi City, Ishikawa Prefecture) . Mass production start is assumed to be after mid-2019.

It is expected that JOLED will enter concrete work towards capital increase in the near future. Only the company handles the practical level of the printing type organic EL display, and its attention is gaining high attention. Several domestic and foreign companies such as customers and panel makers are likely to give out as candidates for investment.

JOLED plans to begin production of panels of 4, 5 generation board size from November at the JDI Ishikawa Plant (Kawakita-cho). Sony has decided to adopt it for medical monitors .
At the Nomi Factory, we are considering mass production of panels of size 5 and 5 generations. JDI currently handles liquid crystal for smartphones at the factory, but stops production in December. JOLED will newly divert the production line of the existing drive circuit as it is and will produce a printing type organic EL panel.

As JOLED starts mass production, it effectively reduces the introduction cost by effectively utilizing assets such as factory buildings and production lines. If fund procurement proceeds as planned, it is expected to start loading facilities around the autumn of 18.

Currently, in the manufacture of organic EL panels, there are a vapor deposition method in which a vaporized organic EL material is painted using a mold and a method in which an organic EL material is printed on a necessary part. The printing method does not require a mold or a vacuum environment, and can reduce the manufacturing cost as compared with the vapor deposition method.

In addition to mass production at its own line, JOLED plans to establish a mass production structure by linking technology licenses with panel makers and others.
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