OLED-panels continue to consolidate assets

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POSTER: computer news   ||   OLED-PANELS CONTINUE TO CONSOLIDATE ASSETS	DATE:2016-12-14
Founded in 2015, a joint venture between Panasonic and Sony, which received a plain name Joled, was intended to focus on the issue of low-cost OLED-TV panels, medical and other equipment.  Both companies received 5% of the shares Joled, and 75% of the shares went to INCJ fund.  Now the final bows of another shareholder, Japan Display, to increase its stake in Joled from 15% to 50%.  This should happen before the end of 2017.  The financial side of the transaction were not disclosed, but it is expected that Japan Display will have to spend on buying Joled shares at least $ 100 million. However, INCJ also did not remain in debt and Pledges Japan Display about $ 650 million. For further development.  The acquisition is designed to strengthen the assets Joled Japan Display positions in the OLED-segment displays with a diagonal measurement of "above average".  Recall that Japan Display is also a joint venture, which in 2012 merged assets Hitachi, Toshiba and Sony for the production of liquid crystal panels. Related Products :

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