Wednesday, November 22, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
FCC Chief's Proposal Reverses the Net netruality Rules
Facebook Messenger Gets Support for 4K Photos
Broadcom Announces 7nm IP for ASICs in Deep Learning and Networking Applications
Justice Department Sues to Stop AT&T - Time Warner Deal
Apple Removes Skype and Other Apps in China
Android Collects Android Users' Locations Using Cell-tower Data
GPU Shipments in Q3: AMD Increased 8 percent, Nvidia Increased 30 Percent
Samsung Says New SZ985 Z-NAND SSD Offers Ultra-Low Latency and High Throughput
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > JDI Pos...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, June 07, 2017
JDI Postpones JOLED Acquisition, Seeks More Funding


Japan Display (JDI) will postpone the final agreement to acquire Panasonic and Sony's OLED joint venture JOLED, as the company is considering a deeper restructuring than it first announced, including seeking outside financial help.

JDI initially planned to acquire JOLED to better compete with Korean rivals and emerging Chinese players. The final agreement would be signed this month, but it has been puched back until next year.

According to Nikkei business daily, Japan Display is seeking outside financial help in order to catch up with other players in the OLED business, in which JDI has entered late. The result was to lose its OLED agreemetn with Apple.

Japan Display is reaching out to investment funds and is looking at capital and business tie-ups, the newspaper said. The company will also appoint a new management team at its annual shareholders meeting later this month, and announce a new medium-term business plan by August.

In addition to the outside investors, the company is also seeking further help from the Innovation Network Corp of Japan (INCJ), a government-led technology venture which already agreed to provide up to 75 billion yen ($685 million) to help the company.

The company plans to start mass manufacturing OLEDs next year.



Previous
Next
BlackBerry Launches QNX Hypervisor 2.0. Software Platform For Connected Cars        All News        Apple to Install its iPhone Screen Repair machines to Third-party Repair Centers
BlackBerry Launches QNX Hypervisor 2.0. Software Platform For Connected Cars     General Computing News      China Takes Significant Step Towards Developing Its Own Chips Through ARM-supported, Chinese IP Firm

Get RSS feed Easy Print E-Mail this Message

Related News
Chinese BOE and CSOT to Invest in Japanese JOLED, Adding Pressure to South Korean Rivals
JDI Develops a 21.3-inch Monochrome LTPS TFT Display for Medical Use
JDI Develops a 10.2-inch Pixel Eyes LCD Module for Automotive Applications
JOLED Starts Sampling Printed 4k OLED Panels to Sony
JDI's Electronic Paper Backplane Enables Creation of 600ppi ePaper Displays
Japan Display and NHK Media Technology To Showcase a Light Field 3D Display Based on 8K LCD
JDI Expands Automotive LCD Production Capacity
JDI Develops Transparent Display Featuring An 80% Transmittance
Japan Display Develops "FULL ACTIVE FLEX" Flexible Display For Smartphones
Japan Display Starts Mass Production of 5-inch Class WQHD LCDs
Japan Display Starts Mass Production of LTPS LCDs Using Gen 6 Glass Substrates
Japan Display Secures Government-Backed Fund, Acquires JOLED

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .