jdi lcd panel manufacturer
Japan Display Inc. is a Japanese company that manufactures and supplies LCD panels for smartphones, tablets, automotive applications and laptops. The company was founded in 2010 and is headquartered in Tokyo, Japan. As of March 2016, the company had a market capitalization of US$2.4 billion.
Japan Display Inc."s products are used in a variety of electronic devices including smartphones, tablets, automotive applications and laptops. The company"s panels are used by major electronics manufacturers such as Apple Inc., Samsung Electronics Co., Ltd., LG Electronics Inc., HTC Corporation and Huawei Technologies Co., Ltd.
Japan Display Inc. (JDI) is a leading display panel manufacturer based in Tokyo, Japan. The company was formed in 2011 as a joint venture between Sony, Hitachi and Toshiba. JDI supplies LCD panels to some of the world’s largest electronics manufacturers, including Apple, LG and Samsung.
JDI’s cutting-edge technology has made it one of the leaders in the global display market. The company’s products are used in a wide range of devices, from smartphones and tablets to TVs and laptops. JDI has a strong R&D team that is constantly developing new display technologies. The company is publicly listed on the Tokyo Stock Exchange and had a revenue of US$5.6 billion in 2018.
Japan Display Inc. is a leading display panel manufacturer that designs, develops, and manufactures cutting-edge display panels and systems for smartphones, tablets, notebooks, automotive applications, digital cameras, camcorders and digital signage. The company has over 8,000 employees and operates 13 factories in 9 countries around the world.
Japan Display Inc. offers a wide range of products and services that are designed to meet the needs of its customers. The company’s product portfolio includes: LCD panels, OLED panels, touch panels, flexible displays and integrated modules. Japan Display Inc. also provides a variety of value-added services such as: design support, engineering support, production support and after-sales service. The company’s products are used in a variety of market segments including consumer electronics, automotive, industrial and medical. Japan Display Inc.
Japan Display Inc. (JDI) is a leading display manufacturer that designs, develops, and manufactures LCDs for smartphones, tablets, automotive applications, and other consumer electronics. The company went public in 2010 and is listed on the Tokyo Stock Exchange. JDI reported a net loss of ¥23.4 billion ($205 million) in the fiscal year ended March 31, 2016, compared to a net profit of ¥10.3 billion in the previous fiscal year. This was primarily due to lower sales of LCD panels for smartphones and increased competition from Chinese manufacturers.
Looking at Japan Display"s financial performance over the past few years, it"s clear that the company has been struggling to maintain profitability. In the fiscal year ended March 31, 2016, JDI reported a net loss of ¥23.4 billion ($205 million), compared to a net profit of ¥10.
One of the biggest challenges that Japan Display Inc. (JDI) is facing is the competition from South Korean and Chinese display manufacturers. JDI has been losing market share to these companies in recent years, and it is becoming increasingly difficult for JDI to compete on price. Additionally, JDI is also facing challenges from new technologies such as OLED and quantum dot displays. While JDI has developed its own OLED technology, it has yet to commercialize it on a large scale. And while quantum dot displays are not yet widely used in smartphones, they are expected to gain popularity in the coming years.
Another challenge for JDI is its reliance on Apple Inc. for a significant portion of its revenue. In 2017, Apple accounted for approximately 60% of JDI’s revenue.
Japan Display Inc.(株式会社ジャパンディスプレイ, Kabushiki-gaisha Japan Disupurei), commonly called by its abbreviated name, JDI, is the Japanese display technology joint venture formed by the merger of the small and medium-sized liquid crystal display businesses of Sony, Toshiba, and Hitachi.
On August 31, 2011, Sony, Toshiba, and Hitachi agreed to a merger of their respective small-to-medium-sized LCD businesses, supported by an investment of two hundred billion yen from INCJ. Soon after, INCJ and Panasonic also began talks on the acquisition of one of Panasonic"s factories.
JDI had accumulated consecutive losses since its IPO, a restructuring plan was announced in 2017, including closing down a production line in Japan and layoffs of approximately a third of its workforce.
A newly-created entity INCJ, Ltd. had become the largest shareholder of JDI with 25,29 % of total shares since September 21, 2018 as a result of a corporate split of the old INCJ.
On June 12, 2019, JDI disclosed that major changes are to be implemented due to sluggish sales in the Mobile Business Division. It announced one plant would be closed and another has suspended operation. A major reduction of the workforce was also planned.Apple, boosting the stock price of JDI by 32 percent at the time.
Due to the financial trouble caused by its late decision to manufacture OLED displays and the loan from Apple, the company"s OLED affiliate, JOLED, has not yet been able to compete with other manufacturers, whilst more than half of JDI"s revenue still came from the shrinking IPS LCD panel sales to Apple.
In February 2020, Ichigo Asset management, a multinational private investment fund, gained control of JDI in exchange for US$715 million of investment. In turn, the memorandum signed with Suwa a year before was terminated.
In April 2020, in accordance with the talks held in December, JDI began to sell LCD production equipment valued at US$200 million to Apple, with plans to sell the real estate of the Hakusan plant to Sharp. This will allow JDI to focus on its remaining product demand and factories. The sales have been completed by October.
In July 2020, the CEO of JDI revealed the company"s plan to start mass production of OLED display panels for smartphones "as early as 2022" with a novel manufacturing technology, adding that it would require new funding.
JDI has produced active-matrix displays driven by TFTs based on a In-Plane-Switching technology developed by Hitachi also has been used. The company has developed an improvement for darker black pixels (true-black appearance), called "IPS-NEO", which reduces the light shining through from the backlighting.
Its "Pixel Eyes" technology incorporates the touch function into the LCD panel itself; combined with the company"s transparent display technology, a transparent fingerprint reader that could be featured in smartphones was announced in 2018.
For reflective LCDs without backlighting, JDI has developed an addressing technique using a thin-film memory device SRAM in addition to the conventional TFT for each pixel, so that a still image can be stored consuming a low amount of energy.
Japan Display (JDI) is a small/medium display maker, formed in September 2011 by the merger of Sony"s, Toshiba"s and Hitachi"s display businesses and funded by Japan"s government fund Innovation Network Corporation (INCJ), which holds 70% of the shares.
JDI considers OLEDs to be the core technology of the next generation small size and medium size displays, and in 2017 the company announced that it is going to perform a "last-chance" restructuring to focus on OLEDs as there is "no future for the smartphone panel business without OLED".
In August 2014 JDI, together with Sony, Panasonic and INCJ, launched JOLED to develop and produce printed OLED panels. In December 2016 JDI raised $635 million from INCJ to increase its stake at JOLED, and in 2020 the company raised $935 million from Ichigo. In October 2019 Japan Display announced it has started to produce OLED displays - likely indeed this is low volume production for Apple"s wearables.
TOKYO -- Japan Display will sell its China-based subsidiary Suzhou JDI Electronics to a local buyer, the money-losing Japanese panel maker said Friday, as it continues to shed assets in a sweeping overhaul.
Suzhou Dongshan Precision Manufacturing Co. will buy all of Suzhou JDI Electronics for 20.5 billion yen ($140 million) in a transaction to be completed between January and March 2023.
TOKYO -- Japan Display will sell a manufacturing subsidiary to Taiwanese contract assembler Wistron for roughly 8 billion yen ($72.3 million), the struggling panel maker said Thursday, the latest in a series of asset sales aimed at reducing fixed costs.
Japan Display, known as JDI, will continue having Kaohsiung Opto-Electronics produce the company"s liquid crystal display modules for automobiles and industrial machinery after the sale, under an outsourcing contract with Wistron.
JDI will exhibit the new 20.8-Inch Rælclear at CES 2023 in Las Vegas from January 5th to the 8th, 2023. Visitors will be able to envision a new future of design combining artificial intelligence and the technology of Rælclear.
Japan Display Inc. (JDI) has developed the world’s first flexible tactile sensor that enables high-precision measurement over a wide area using a matrix of LTPS TFTs (lowtemperature polysilicon thin-film transistors).
Highly accurate tactile measurement is required for the development of a number of new technologies and products, as well as for advanced sports and medical research. JDI’s flexible tactile sensor is suitable for a wide range of applications, such as measuring the grip strength of a robot grasping an object or the pressure distribution on the sole...
In response to strong customer demand, Japan Display Inc. (JDI) has further developed its breakthrough transparent Rælclear display technology and expects to begin mass production of a new 20.8-inch Rælclear display with 2X brightness in the fall of 2023.
Samsung Display has sold its LCD factory in China to Chinese display maker CSOT, a company under TCL group, to further cut down its LCD capacity, which goes in line with Samsung’s plan to quit LCD business. By ending its LCD panel production, Samsung aims to expand its development in QD displays and OLED displays. The Korean giant has also reportedly t...
Japan Display (JDI) is going to sell its LCD plant in Hakusan, Japan, to Sharp and Apple, so that the Japanese display maker can pay off its debt to Apple. The total transfer price is estimated to be JPY 71 billion (US$ 672 million).
The plant will be transferred to Sharp, who is also a display supplier of Apple, by the end of September. With the transaction, Sharp will take over most of the debt of JDI which JDI borrowed from Apple when building the plant. The plant was originally built for supplying LCD panels for iPhone. But S...
Sharp, one of the panel providers of Apple, is reportedly developing small size Micro LED displays and will mass produce the products by 2023 for eye-wear smart devices, reported Nikkan Kogyo Shimbun.
According to the report, Sharp Fukuyama Semiconductor, a subsidiary of Sharp, has developed Micro LED prototypes including a 0.38-inch full color panel featuring 1053 PPI and a 0.13-inch blue display with 3000 PPI. The company deploys its proprietary color conversion technology to achieve full color display and aims to mass produce the products in 2023 to 2024 for A...
The investigation showed that JDI recorded fictitious inventory of JPY 10 billion (US$92.86 million) in total since the fourth quarter of fiscal 2013. The investigation also...
Japan Display (JDI) announced the development of a Micro LED display. The prototype Micro LED display will be presented at “FINTECH JAPAN 2019,” which is taking place in Makuhari Messe from December 4 to 6, 2019. The 1.6-inch Micro LED display of JDI is based on LTPS backplane developed by the company and Micro LED chips from glō, a Micro LED technology provider. The display achieves a resolution of 265 ppi with a pixel number of 300*300. (Image: JDI) JDI also noted that the Micro LED display has a wide viewin...
Mini LED backlight solution seems to be a “must have” technology for all the panel exhibitors at this year’s Display Week. Despite that adopting Mini LED backlight to consumer electronic products is rather difficult due to high production cost; panel makers still proactively demonstrated related products. Therefore, Mini LED backlight might not be a flash in the pan. LEDinside noticed that almost every display maker participated in Display Week disclosed the focus on automotive display incorporating LCD panel and Mini LED backlight. The solut...
Japan Display Inc. (JDI) has been negotiating with Chinese companies and investors to receive financial supports of JPY 50 billion (US$ 440.65 million), reported NHK. The potential investors include mobile component producer Ofilm, automotive component manufacturer Minth Group and the Silk Road Fund.
With the support, the Chinese investors will hold 33 percent or more of the share of JDI, suppressing the current major shareholder INCJ, who owns 25.29 percent of the share. In addition to the investment, the Chinese investors were also reportedly offering a ...
LEDinside forecasts that the development of Mini LED will accelerate in 2019 and 2020 and its market value will reach US$ 1699 million by 2022. Several industry players including San’an, HC Semitek, Epistar, NationStar, Harvatek, and Macroblock have reported their progress of Mini LED development. Meanwhile, panel producers such as AUO, BOE, Innolux and JDI have also unveiled applications adopting Mini LED technology.
During Display Week 2018, many big giants have been simultaneously releasing Mini LED backlight products. LEDinside found those Mini LED panels majorly adopt direct-type local dimming and support HDR mode, making the vivid contract ratio, which can compete with OLED panel.
Japan Display Inc. (JDI) announced that it has developed a transparent glass-based capacitive fingerprint sensor by applying the company"s capacitive multi-touch technology used in its other liquid crystal displays (LCDs). JDI plans to start commercial shipments within its 2018 fiscal year, which ends March of 2019.
Appearing to be strapped for cash, smartphone screen manufacturer Japan Display (JDI) is currently in talks with Chinese panel makers, including BOE, Tianma, and CSOT, over an investment more than USD 1.8 billion. The Japanese company hopes to seal the deal by the end of March 2018, reported Kyodo News.
The Japanese digital panel giant Japan Display Inc. (JDI) had a struggle revamping its liquid crystal display (LCD) panel business. To make the recovery happen, JDI planned to accept fundings from outside investors. Not only that, JDI will restructure LCD panel production sites, and lay off employees at a large scale, slashing about 4,000 jobs, according to Nikkei"s report on August 8.
It has been spreading like crazy that in 2H17 three iPhone models- the high-end iPhone 8 featuring an OLED display, iPhone 7s and iPhone 7s Plus that continue to use LCD displays- will hit the shelves. Latest sources leaked Apple might increase OLED display use in its products and all the three new iPhones to roll out in 2018 are likely to sport OLED displays. That possibly implies orders Apple places with LCD display providers Sharp and Japan Display Inc. (JDI) would plummet. It will be much of a shock to JDI which earns over 50% of its revenue from Apple’s phone screen demand.
Sumitomo Chemical, the Japan-based chemical giant, is reported to have successfully developed new technologies to facilitate more cost efficient OLED display manufacture. According to Nikkei, the new materials and equipment the company introduced could possibly bring down the current production cost of OLED panels by 50%, which is able to further reduce the selling prices of OLED TVs and expand the penetration of OLED products.
Japan Display Inc. (JDI) announced the commencement of mass production at its newly-constructed low temperature poly-silicon (LTPS) LCD line in its Hakusan Plant, located in Hakusan City, Ishikawa Prefecture, Japan. JDI had been preparing for mass production since Dec. 1, and commenced mass production on Dec. 23.
Small to mid-sized display manufacturer Japan Display Inc. (JDI) third quarter financial results were in the red, due to lower demands than expected from Chinese clients and its largest client Apple, reported Chinese-language media Money DJ.
LCD display manufacturer Japan Display Inc. (JDI) developed an ultra-thin bezel LCD that is merely millimeters thick, which could greatly increase smartphone makers design flexibility, reported Nikkei.
Sharp President Tai Jeng-wu told The Nikkei and other reporters that it intended to collaborate with Japan Display Inc. (JDI) in the development of OLED displays to catch up with Korean competitors Samsung.
Japan Display Inc. (JDI), a manufactuerr of small to mid-sized LCD displays issued a statement on Saturday refuting claims made by Nikkeiand other media that it was seeking financial support from INCJ.
Innovation Network Corporation of Japan (“INCJ”), Japan Display Inc. (“JDI”), Sony Corporation (“Sony”), and Panasonic Corporation (“Panasonic”) announced hat they have executed a definitive agreement to establish a new company, JOLED Inc. (“JOLED”), to integrate Sony and Panasonic’s R&D functions for organic light-emitting diode (“OLED”) display panels. Through this collaboration, the companies aim to accelerate the development and early commercialization of OLED display panels. JOLED is scheduled to be launched in January 2015, subject to receipt of any necessary approvals.
Japan Display Inc. (JDI) is a leading global manufacturer of small- and medium-sized display panels. It develops, designs and manufactures displays that provide high resolution, low power consumption and an ultra-thin structure. The company‘s major customers include leading consumer electronics manufacturers and other well-known global companies. In Europe the focus is set on the automotive industry. JDI was formed through the consolidation of the display panel businesses of Sony, Hitachi and Toshiba and commenced operations on April 1, 2012.
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In 2016, Apple loaned Japan Display Inc. (JDI) $1.5 billion to enable JDI to construct the Hakusan plant and further ensure Apple a stable supply of LCD panels for its iPhone series. The large production capacity combined with large orders, allowed JDI to become the biggest LCD panel supplier for its iPhone series line-up.
The company saw LCD technology as a big opportunity and decided to invest significantly, ramping up production to cater to the opportunity. However, the company was hit by increasing competition from China display panel vendors which includes BOE, Tianma and TCL CSOT, leading to price wars and unfavorable business deals. During the years, JDI was unable to grab design wins and expand the size of orders to other customers and kept relying on Apple for most of its orders. We estimate more than half of its total revenue was contributed by Apple.
Considering the common adoption of LCD with no unique value proposition, Apple decided to shift its focus on OLED panels and started to increase the utilization of OLED technology, partnering with Samsung Display and LG Display to produce panels for iPhone X, XS, 11 Pro series smartphones.
Over the years, JDI was pushed by Apple to focus on OLED panel technology and mass produce panels for the iPhone series but the panel vendor was unable to do it. However, JDI did manage to produce OLED panels through J-OLED and supplied it to Apple’s Watch series along with LG Display. The company’s OLED arm, J-OLED has created an innovative process to produce large-area TV panels based on inkjet printing and is also collaborating with TCL CSOT to mass-produce these panels.
JDI is yet to offer innovative technology for the smartphone market and is looking to raise investments to fund its OLED production. Recently, the vendor raised capital from a Japanese investment company and Apple also invested further into the company.
As per Strategy Analytics estimates, the vendor’s smartphone panel shipments declined annually by 20 percent in CY 2019. The vendor has been losing money for its LCD business and recently recorded its 6th consecutive annual net loss in the fiscal year ended in March 2020.
JDI also implemented structural reforms aimed at cost reduction which includes personnel cost reduction, suspending mobile display plant operation temporarily and asset sales especially the facilities that are currently a burden on JDI’s bottom line. JDI’s Hakusan plant has been underutilized for quite some time as demand for LCD based mobile products has been lower than expected. Hakusan Plant is a significant fixed cost for JDI and a sale is necessary to improve the company’s cash flow, turnaround its business.
Apple is set to announce the iPhone 12 series which will be completely based on OLED panel technology and would exclude an LCD mobile product for the first time in its announcement. JDI’s key customer, Apple has completely shifted to focus on OLED technology for new products which means that the JDI’s mobile LCD business is increasingly jeopardizing its financial position in the near future if it is continuing to rely on Apple"s LCD panel orders.
Japan Display announced today that they had struck a deal with Sharp Corporation to sell its LCD Display plant in Hakusan, Japan for $ 390 million and also agreed to sell plant equipment to Apple for a total of $ 285 million. The proceeds from the sales are expected to be used along with the company’s own funds, for repaying the advances received from Apple (close to $ 700 million).
The LCD plant transfer is expected to be completed by this September and Sharp is expected to start production as soon as Q4 2020 (October) and will rent the plant equipment owned by Apple. Sharp will take over any debt associated with the Hakusan plant.
The Hakusan plant focuses on the production of mobile LCD display panels for Apple iPhones. The transfer of the asset allows Sharp to take over the plant. Sharp is expected to spin off its display business and combine the new plant capabilities to raise the production capacity and meet customer demand. Sharp also negotiated a deal with Apple to use this plant to produce panels to supply other smartphone customers.
With the divestment of the Hakusan plant, JDI is expected to improve its bottom line and focus on generating a profitable and scalable business in the display industry.
The mobile LCD panel production for the company is expected to consolidate at the Mobara plant (G6 LTPS fab) that has twice the production capacity along with an OLED production site. This allows JDI to continue meeting the smartphone LCD demand from its customers.
• Given the strong relationship between Apple and JDI, What does this mean for panel orders from Apple and will the company reduce panel orders to JDI going forward?
Now having taken over the Hakusan plant, Sharp is expected to become a major player in the Apple iPhone supply chain. This allows the display vendor to strengthen its market position in the smartphone display segment. The increased production capacity also ensures a steady supply of LCD panels to Apple’s iPhone series based on LCD technology.
Sharp is expected to route all the smartphone panel orders through the Hakusan plant and tap the remaining capacity at the Kameyama plant (G6 LTPS fab) for new opportunities in the automotive and medical sectors.
• Since Sharp has boosted its panel capacity with the acquisition, will the panel vendor replace JDI in the supply chain for supplying LCD panels to Apple iPhone series?
The plant sale is expected to provide Japan Display and Sharp, a unique position to focus on next-generation technologies, especially on OLEDs. Apple has played a crucial role in facilitating this deal as it looks to reduce the reliance on Samsung Display and expand OLED supply to multiple panel vendors.
The Tokyo-based LCD specialist expects its favored display technology to become the standard for VR because it can achieve higher resolution than OLED while keeping costs reasonable. That advantage is imperceptible in mobile devices but becomes critical in the more demanding VR scenario.
A high-level executive of the South Korean display panel maker recently visited its equipment supplier Applied Materials’ headquarters in the US to discuss JDI’s eLEAP technology, which stands for environment positive lithography with maskless deposition extreme long life, low power, and high luminance any shape patterning.
JDI’s eLEAP technology was showcased in May and is unique in that it doesn’t use masks. The company has claimed that OLED panels made with the technology offer triple the life span and double the luminance of current OLED panels made with masks.
Samsung Display and other OLED panel manufacturers currently use fine metal masks, or FMM, to deposit red, green and blue organic materials in vapor form on the substrate.
These masks are difficult to manufacture and their quality determines the yield of OLED panels, which has been the case for Gen 6 (1500x1850mm) OLED panels. Japan’s Dai Nippon Printing is the dominant supplier of FMMs.
The issue of FMM is sensitive to Samsung Display as their quality will determine the yield for Gen 8 (2200x2500mm) OLED panels, which is yet to be commercialized. If there is a more convenient way to manufacture the panels without the masks there is no reason for the South Korean display panel maker to not take it.
JDI is a rival panel maker and this is likely why Samsung Display asked about eLEAP indirectly to Applied Materials, which supplies deposition machines to the Japanese company.
Samsung Display, the world’s largest manufacturer of OLED panels for smartphones, is a big buyer of equipment and could ask its suppliers to not exclusively supply certain kits to certain display makers.