Japan Display Inc announces start of OEL display business

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Japan Display Inc on Monday began business activities with the aim of becoming a global leader in the field of small- and medium-sized displays, focusing on the growing global market for smartphones and tablets.

The company was launched following investment by Innovation Network Corp of Japan, Sony Corp, Toshiba Corp and Hitachi Ltd, which facilitated the integration of the small- and medium-sized display businesses of Sony, Toshiba and Hitachi.

In a display market environment marked by rapid growth and ever intensifying competition, JDI will combine and develop the LTPS, low power consumption and display technologies of its three predecessor companies to create innovative products in anticipation of future needs, while responding rapidly to market demand for increasingly sophisticated high definition displays. JDI will also actively invest in increasing its production capacity to ensure that it is well positioned to fulfill customer requirements.

JDI will focus on small- and medium-sized displays for a range of applications from mobile devices and other consumer products to automotive electronics and industrial equipment.

JDI said it aims to establish distribution companies in the U.S., Europe, South Korea, China and Taiwan, so that through close communication with customers it can provide products that will fully satisfy their needs. JDI will also actively conduct research and development into next-generation panel technology such as OLED displays.