It is reported that China Star Optoelectronics is introducing JOLED factory production lines into China, which declared bankruptcy in March.

News from this site on October 8. According to reports from CINNO, South Korea’s Electronic News (ETNEWS) and other reports, sources revealed earlier this month that TCL Huaxing is advancing the relocation of the original Japanese JOLED factory to China. It is expected that the equipment separation and transfer will be completed before the end of the year, and the factory is expected to be put into operation next year.

Korean media quoted a display industry insider as saying, “CSOT has been working hard to obtain OLED technology through JOLED. , since 2020, they have invested 20 billion yen in JOLED (note on this site: currently about 980 million yuan) and obtained 11% of the company’s shares. In addition, Huaxing Optoelectronics has been developing inkjet printing , they 'seem to be trying to use JOLED's equipment'."

According to analysis, China Star Optoelectronics hopes to manufacture medium and large OLED panels for TVs and monitors, which is related to JOLED's previous business overlapped. Huaxing Optoelectronics currently manufactures OLEDs for smartphones and "does not have a solution for medium and large panels."

JOLED started operations in January 2015, integrating the organic EL display development departments of Sony and Panasonic, aiming to achieve mass production and commercialization of organic EL displays. In November 2019, the printed organic EL display mass production line was put into production at the Nomi factory, mainly producing medium-sized displays for medical and automotive use. JOLED Enterprise, an inkjet-printed OLED panel manufacturer, reported in August 2022 that it was experiencing financial crisis.

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This site previously reported that March 27, local time , Japanese OLED display panel manufacturer JOLED declared bankruptcy and applied for bankruptcy protection to the Tokyo District Court. According to Nikkei, JOLED has liabilities of approximately ¥33.7 billion (currently about 1.651 billion yuan), and the company hopes to make up for part of this by selling assets. Advertising statement: The external jump links (including but not limited to hyperlinks, QR codes, passwords, etc.) contained in the article are used to convey more information and save selection time. The results are for reference only. All articles on the site contain this statement.

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