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Business

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.

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