China's OLED panel factory is unclear. JDI investment case or abortion

- May 24, 2019-

According to the Asahi Shimbun, JDI’s plan to build an OLED panel factory in China may not be recognized by the Chinese government. China’s Harvest Technology originally agreed to fund JDI on the premise of mass production of OLEDs in China. The prospect of the OLED mass production plan is unclear, and it has also allowed Jiashi Technology to begin to show signs of difficulty in JDI funding, and its attitude has become cautious and its willingness to invest has decreased.


The report pointed out that the Taiwan-Australian alliance plans to provide 60 billion yen of funds to JDI (excluding 20 billion yen of convertible corporate bonds that may be additionally subscribed), and Harvest Technology will provide 20.7 billion yen (accounting for 34.5% of the total). Suihong is 25.1 billion yen (41.8%) and CGL Group is 14.2 billion yen (41.8%).


According to reports, two companies in Taiwan have requested JDI to find additional funders as a condition for providing assistance to JDI. Although JDI has explored the possibility of funding for overseas investment funds, it has not yet found new funders. .


Regarding the above-mentioned contents of the Asahi Shimbun, JDI issued a press release to deny that the above information was not released by JDI and is not true.


Recently, Taiwan's touch panel maker Shun Hong Technology (TPK) said it will make an final decision on an investment agreement with Japan Display (JDI) before the end of the year.



When talking about the prospects of the touch panel industry, Chiang said that 2019 will be a tough year for the entire industry and Haohong Technology, and the company's sales this year will not increase significantly. However, the company will redouble its efforts to maintain profitability. In the first quarter of 2019, the company earned NT$192 million (US$6.139 million).


At the same time, after the silver nanowire (SNW) touch technology has been verified by five customers, Chiang said that the company will begin mass production of SNW touch solutions in the fourth quarter of 2019, and production will surge in 2020, followed by 2021-2022. The year is growing further.


For the future of silver nano touch technology, Chiang is full of confidence, especially for large-scale whiteboard applications. He said that users now have adopted their SNW solution in their 65-inch, 75-inch and 85-inch whiteboards.