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Japan to challenge South Korea's OLED lead with cost-cutting tech

Readying mass production, state-backed JOLED soliciting nearly $900m from the likes of Sony

JOLED is an affiliate of Japan Display, which holds a 15% stake in the OLED panel maker.

TOKYO -- The government-backed JOLED is set to become the first Japanese company to mass-produce panels that use organic light-emitting diodes, employing new low-cost manufacturing technology to take on South Korean front-runners.

The Japan Display affiliate, formed from the merger of OLED panel development operations of Panasonic and Sony, has developed a process by which light-emitting material is deposited onto substrates much like a printer puts ink on paper. This requires a smaller upfront investment than the evaporation method used by such South Korean rivals as Samsung Electronics and also reduces the amount of material lost. Printed panels for televisions can cost 30-40% less to produce, which should bring down prices.

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