Vertical Divider

Suwa Expects JDI’s OLED Expertise Can Interest Chinese OLED Panel Makers
September 03, 2019
​ 
Chase Gao, a spokesman of Suwa Investment Holdings LLC, said in an emailed response that “Chinese OLED producers have complicated financial, technology and marketing issues — and in many cases JDI is a potential solution to their challenges,”  However, JDI’s OLED expertise is limited to low volume production of panels for the Apple watch, so it is not clear what the Chinese panel makers would gai from JDI, but JOLED experience with IJP of OLEDs would be useful.
 
Suwa Investment, a consortium of China’s Harvest Tech Investment Management Co. and Hong Kong’s Oasis Management Co. are expected to inject up to ¥80 billion ($750 million) into JDI and Apple is also expected to provide financial aid to the cash-strapped manufacturer through the Chinese investment fund. The spokesman said JDI has already achieved a high level of production with “best-in-class performance and specifications,” and is already supplying many major customers. As part of restructuring measures, JDI suspended operations at its Hakusan plant in Ishikawa Prefecture, which makes smartphone displays, in July. Gao added the consortium “is considering how to restart the operation of (the plant).”