JOLED says it will sell OLED panels by 2018 based on ink-jet printing
Tokyo based JOLED Inc. (pvt), which is soon to become a subsidiary of Japan Display (6740.JP), has indicated that it has made significant progress in developing its ink-jet printing process for OLED displays, and is expecting to begin deliveries of such panels in early 2018. The company also indicated that it had received orders from Sony (SNE) for mid-sized panels, although details about volumes have not been revealed.
JOLED, which was formed by the combination of OLED assets from Japan Display, Sony, and Panasonic (6752.JP) by the INCJ, a quasi-government organization that finances and develops technology companies in Japan (also created Japan Display) has a small Gen 4.5 OLED pilot line in Ishikawa that is based on ink-jet printing. Ink-jet printing has been in development for almost 20 years, with leaders like Kateeva (pvt) and Dai Nippon Printing (7912.JP) moving the technology past the R&D stage and toward mass production capabilities in recent quarters. The technology has been used in the encapsulation process for OLED displays, but RGB display deposition has yet to be commercialized for large scale display production. JOLED had indicated in previous comments that they had expected to deliver ink-jet printed mid-size OLED display samples by the spring of 2017, and the most recent showings would seem to indicate that they are not far off from their original timelines. That said, there can be a significant time lag between producing samples for customers and being able to produce qualified product in volume, so we do not change any JOLED model parameters, although we are encouraged by their progress.
JOLED, which was formed by the combination of OLED assets from Japan Display, Sony, and Panasonic (6752.JP) by the INCJ, a quasi-government organization that finances and develops technology companies in Japan (also created Japan Display) has a small Gen 4.5 OLED pilot line in Ishikawa that is based on ink-jet printing. Ink-jet printing has been in development for almost 20 years, with leaders like Kateeva (pvt) and Dai Nippon Printing (7912.JP) moving the technology past the R&D stage and toward mass production capabilities in recent quarters. The technology has been used in the encapsulation process for OLED displays, but RGB display deposition has yet to be commercialized for large scale display production. JOLED had indicated in previous comments that they had expected to deliver ink-jet printed mid-size OLED display samples by the spring of 2017, and the most recent showings would seem to indicate that they are not far off from their original timelines. That said, there can be a significant time lag between producing samples for customers and being able to produce qualified product in volume, so we do not change any JOLED model parameters, although we are encouraged by their progress.
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