Flexible Electronics News

Japan Display to Acquire JOLED OLED Business

JDI expects to sign the acquisition agreement with JOLED in early June.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Japan Display Inc. (JDI) has signed a basic agreement on sponsorship support with OLED display maker JOLED Inc., which filed for civil rehabilitation proceedings on the same day. Since then, JDI and JOLED have held extensive discussions, and JDI decided that its consolidated subsidiary JDI Design and Development G.K. (JDIDD) will acquire JOLED’s OLED technology development business and all related operations. JDI expects to sign the acquisition agreement with JOLED in early June. JDI will mak...

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