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July 14, 2008

World War III: Japanese OLED Makers Team Up With Government To Compete With Korea

japan_toshiba_tv_xits101.jpgOver in Japan there's no messing around with the future of OLED TV. Last week a flurry of Japanese OLED panel manufacturers including Sony, Toshiba, Panasonic, Sumitomo Chemical, Dainippon Screen, Shimadzu, and Hitachi Zosen formed a coalition with the country's government to develop key technologies needed to make large next-gen displays while at the same time cutting manufacturing costs. The company's have teamed up in order to better compete with Korean manufacturers such as LG and Samsung who both look to be big players in the future OLED market. The Japanese government will pitch in slightly less than US$33 million to the massive project which is set to run through 2012.

Via Reuters

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Posted by Justin Davey at July 14, 2008 11:30 AM

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