Japan JOLED: Business alliance with TCL CSOT in China: OLED manufacturing
JOLED:
JOLED will raise 20 billion yen through a third-party allotment.
We will jointly develop a large OLED display for TV with China TCL CSOT.
China TCL CSOT:
JOLED has signed a capital and business alliance agreement with TCL CSOT.
What is TCL CSOT:
TCL China Star Optoelectronics Technology Co., Ltd.
Raise 20 billion yen:
JOLED has raised 20 billion yen through a capital increase through a third-party allotment under the assumption of Huaxing Electronics Japan (CSOT-JAPAN).
Original printing method:
We provide JOLED’s original printing method organic EL display manufacturing technology to TCL CSOT.
OLED display by printing method:
- Since JOLED was founded in 2015,
- Promote R&D of OLED with printing method that enables efficient production,
- Started shipping OLED products for medical monitors in 2017,
With original RGB printing method organic EL display manufacturing technology,
We have built a unique position in the organic EL field.
JOLED
https://www.j-oled.com/press/20200619/
JOLED, TCL CSOT Reach Funding Deal To Advance Ink-Jet Printed OLED
Japan-based OLED display technology development firm Japan OLED (JOLED) Inc.
and
China-based TV display panel manufacturer TCL China Star Optoelectronics Technology (CSOT)
have teamed up to jointly develop OLED panel manufacturing for big-screen TVs based on ink-jet printing technology, the companies announced Thursday.
Under the alliance,
JOLED
will raise $187 million (JPY20 billion) in capital through a third-party allocation of new shares underwritten by CSOT-JAPAN.
JOLED
will then bring its proprietary printed OLED manufacturing technology and will start joint-development of large-sized OLEDs for TV applications together with TCL CSOT, according to the announcement.
Since its inception in 2015, JOLED
has been carrying out research and development of printed OLED, the company said.
The technique
is expected to enable more efficient production of OLED TVs potentially improving performance and reducing cost.
HD Guru
https://hdguru.com/joled-tcl-csot-reach-funding-deal-to-advance-ink-jet-printed-oled/