Business, Enterprise, VR World

Sony, Panasonic and Other Companies Form OLED Industry Group

Japan’s biggest tech giants, along with other Japanese corporate entities have banded together to form a new company in the name of OLED technology. Sony, Panasonic, the Innovation Network Corporation of Japan (INCJ), and Japan Display (JDI) have announced their collaborative plans to establish a new company, JOLED. The new company will spearhead the integration of both corporation’s research and development efforts into the commercialization of OLED (Organic Light-Emitting Diode) technology. The main focus of JOLED is the acceleration of the development of OLED technology, to widen its prevalence in the consumer tech market. From a production standpoint, research will be focused on the development of