OLEDWorks, the global leader in multi-stack organic light emitting diode (OLED) technology, announced today a strategic investment by Japan Display Inc. (JDI).
OLEDWorks and JDI plan to establish a world-class advanced display fab in the United States by leveraging JDI’s state-of-the-art display technology and manufacturing know-how and OLEDWorks’ existing U.S. presence and advanced multi-stack OLED technology, manufacturing and product capabilities.
The new U.S.-based fab will focus on delivering high-performance displays for critical industries including defense, automotive, and medical applications.
“Our collaboration marks a transformative step enabling production of high-performance flat panel displays in the U.S.,” said OLEDWorks CEO, David DeJoy. “Our plan will ensure that key industries have access to secure, reliable, high-performance displays manufactured in the United States.”
Key elements of OLEDWorks’ and JDI’s display manufacturing plan include:
“With this strategic partnership, OLEDWorks and JDI are creating a secure, sustainable, and innovative ecosystem for advanced display production in the United States. Advanced displays are foundational to 21st century industrial competitiveness and national security. The U.S. needs this capability, and we are going to deliver it,” said Scott Callon, JDI CEO.
The new display fab will be the first of its kind in the Western Hemisphere, cementing OLEDWorks’ and JDI’s position as global leaders in display manufacturing.