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Raised a total of JPY47 billion in capital through a third-party allocation of new shares.
October 22, 2018
By: Anthony Locicero
Copy editor, New York Post
JOLED Inc. raised a total of JPY47 billion in capital through a third-party allocation of new shares to mass produce OLED displays using its printing method. The new shares were underwritten by DENSO Corporation; Toyota Tsusho Corporation; Sumitomo Chemical Company, Limited; and Screen Finetech Solutions Co., Ltd. JOLED plans to start mass production of OLED displays at JOLED’s Nomi Site in Nomi, Ishikawa Prefecture, in 2020 in cooperation with Japan Display Inc. Aiming to commence mass produc...
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