JOLED (Japan OLED) was established in August 2014 by Japan Display, Sony and Panasonic with an aim to become an OLED medium display producer (focusing at first on OLEDs for tablets, monitors, laptops and signage).
JOLED received an investment from the Innovation Network Corporation of Japan, a public-private investment fund, which still holds the majority sake, with JDI, Sony and Panasonic holding smaller stakes.
In October 2017 Japan Display has decided to halt its plans to turn its minority stake at JOLED into a majority one, and so JOLED started to seek external financing to support its plan to start mass producing OLEDs in 2019 at the JDI plant in Nomi, Ishikawa. In December 2017 JOLED started commercial shipments of 21.6" 4K OLED monitor panels from its 4.5-Gen pilot line.
JOLED Is using an ink-jet printing process, which (according to the company) may enable it to produce at a lower cost - around 30-50% cheaper compared to evaporation. JOLED is using Sumitomo's P-OLED materials.
The latest JOLED news:
IHS says that ink-jet printing of OLED displays is finally ready to enter mass production in 2020. Production will begin at a rate of around 105,000 yearly substrates (209,000 sqm) in 2020, but will grow 12-fold within 4 years to reach 1.3 million yearly substrates in 2024 (or 7.3 million sqm).
The first producer to begin mass production using ink-jet printing will be JOLED who will enter mass production in 2020 (it already produces panels but at very low volume). OLED makers in China will quickly follow JOLED with mass production investments starting in 2020 or 2021.
Digitimes reports that AU Optronics has setup a 3.5-Gen test ink-jet OLED printing line, and the company now intends to start building a 6-Gen production line. AUO will start constructing the line before the end of 2019.
AUO's Chairman confirmed that the latest advances in printing materials and equipment are starting to make OLED printing viable for commercial use. AUO has not yet decided the schedule for volume production.
JOLED announced that it has raised 25.5 billion Yen (around $228 million USD) from INCJ, Sony and Nissha. JOLED also announced that it has started to build post-processing module production lines at its Mobara, Chiba prefecture, plant. Nissha will also collaborate with JOLED in the area of OLED touch sensors.
JOLED's printed OLED displays will be produced at the company's Nomi plant. JOLED currently uses a pilot 4.5-Gen line at Nomi, but the company has already announced plans for a new mass production 5.5-Gen line in Nomi by 2020.
In early 2018 ASUS announced the Asus ProArt PQ22UC- a 21.6" 4K (204 PPI) ultra-portable OLED monitor, and now the company finally started shipping the new device - starting in the UK where the price is set at for £4,529 (!) which would make the US price at around $5,000.
The OLED display in ASUS' monitor produced using an ink-jet printing process by JOLED - which would make this the world's first ink-jet printed OLED product. JOLED's production capacity is not large, the company is still using a pilot-scale line, but it's likely that Asus is not expecting to sell many units of this high-end OLED monitor with that price tag...
Earlier this month JOLED unveiled new display prototypes at FineTech Japan. Today we have received this interesting new video from JOLED that shows the displays in action:
In the video you can see all of JOLED's new prototypes. First up is the Automotive demo - JOLED demonstrated two panels, a 12.3" 1920x720 (167 PPI) panel and a 12.2" 1920x1280 (180 PPI) panel. Both are printed on LTPS backplanes (as do the rest of the company's small and medium sized panels). JOLED's latest investors, Denso and Toyoto Tsusho, are both helping the company with its entry into the automotive display market.
So first up is JOLED's first OLED TV panel. The 55" 4K (3840x2160, 80 PPI) panel offers a 120Hz refresh rate and a color gamut of 100% DCI (135% sRGB) and is printed on JOLED's Transparent Amorphous Oxide Semiconductor (TAOS) backplane.
Last month Japan-based printed OLED developer JOLED announced that it will demonstrate new OLED prototypes (including a 55" printed OLED TV) at Finetech Japan, which starts tomorrow (December 5). Today JOLED detailed the new panels it will have on display at the trade show.
So first we have two automotive displays - a 12.3" HD OLED and a 12.2" flexible (curved ) Full-HD OLED. JOLED's latest investors, Denso and Toyoto Tsusho, are both helping the company with its entry into the automotive display market.
Japan-based printed OLED developer JOLED announced that it will demonstrate a 55" 4K printed OLED TV at Finetech Japan 2018 (December 5-7 2018). JOLED will also introduce its proprietary printed OLED manufacturing technology. A few weeks ago JOLED announced that it has signed an agreement to develop, manufacture, and sell printing equipment together with Panasonic and Screen Finetech.
This is the first time JOLED will show a 55" OLED prototype (in July 2018 the company did include TVs in its future roadmap). JOLED tells us that it has no plans to produce large size OLEDs at this stage - and this TV is on display just to demonstrate JOLED's printing technology.
AUO to establish an OLED ink-jet production line, to make OLEDs for monitors and automotive applications
According to reports from China, Taiwan-based AU Optronics decided to establish an inkjet OLED production line that will be used to produce OLED monitor displays and OLEDs for automotive applications.
The new OLED line will use production equipment made by Japan's JOLED - who started commercial low-volume production of its own 21.6" 4K OLED panels, at the company's pilot 4.5-Gen line. JOLED also announced plans for a mass production 5.5-Gen line that will be established in Nomi City, Ishikawa Prefecture, by 2020, and similarly to AUO, it is focusing on monitors and automotive applications.
Last month it was reported that JOLED raised around $400 million from four new investors - auto parts maker Denso ($270 million), major trading house Toyota Tsusho ($90 million) and Sumitomo Chemical and Screen Holdings.
JOLED now confirmed this funding round. The total sum raised was actually a bit higher than reported - JPY47 billion, or about $424 million. It also said that these new investors are not just financial ones - JOLED will cooperate with DENSO to develop automotive OLED displays, while Toyota Tsusho will support this business using its automotive sales channels. Sumitomo Chemical will also enhance its already existing collaboration with JOLED to further develop OLED Printing materials.