Skip to content

December 7, 2017

Sharp wants a ‘Japan alliance’ to boost OLED TV competition

by John_A

Sharp wants to gain a foothold in the OLED market by teaming up with rival company Japan Display. Sharp’s chief executive, Tai Jeng-wu, told reporters at the Tokyo Stock Exchange that he wants to form a “Japan alliance” to better compete with the South Korean makers that are dominating the industry.

Reports earlier this year suggested Sharp was planning to introduce OLED TVs to its production lines, but just a month later South Korean rival LG, already a leader in OLED products, revealed its plans to invest a further 7.8 trillion Korean won ($7 billion) into its OLED businesses over the next three years.

Tai said he plans to consult the government about forming the all-Japan alliance, as well as discuss potential investment in JOLED, an affiliate of Japan Display, which has recently made headlines for its plans to mass-produce “printed” OLED panels.

There’s a huge demand for OLED products, both from manufacturers and, increasingly, consumers. But with only one or two key players producing them, it’s been a challenge taking the technology mainstream. This “Japan alliance,” if successful, could make strides in opening the market for everyone.

Source: Reuters

Advertisements
Read more from News

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Note: HTML is allowed. Your email address will never be published.

Subscribe to comments

%d bloggers like this: