Japan Display Invests in OLEDWorks; Plans US Display Manufacturing Hub

MT Newswires Live

02-13

Japan Display (TYO:6740) has invested in OLEDWorks, a US-based company involved in multi-stack OLED technology, as part of a partnership to establish an advanced display production facility in the US, according to a Wednesday filing on the Tokyo Stock Exchange.

The planned US fab will focus on high-performance displays for defense, automotive, and medical applications.

Japan Display Chief Executive Officer Scott Callon said the collaboration aims to create a "secure, sustainable, and innovative ecosystem" for advanced display manufacturing in the US.

The company expects a limited earnings impact for FY25/3 but sees long-term growth potential.

Price (JPY): $19.00, Change: $-1.0, Percent Change: -5.00%

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