HomeBusinessDow Jones Newswires: Japan Display stock jumps after plan to mass-produce OLEDs with China’s HKC

Dow Jones Newswires: Japan Display stock jumps after plan to mass-produce OLEDs with China’s HKC

by admin

Japan Display Inc. shares rose sharply Monday morning after it said it planned to team up with China’s HKC Corp. to mass-produce next-generation organic light-emitting diode panels and work on a high-end automotive-display business.

The shares
6740,
+10.87%
were recently 7.9% higher at 41 yen (31 U.S. cents) after rising as much as 13% earlier.

Japan Display said Monday that it signed a memorandum of understanding with Shenzhen, China-based display maker HKC to form a strategic alliance to work together on OLED technology, the automotive-display business and a joint development center.

The Japanese display maker said it planned to jointly build plants for next-generation OLED technology that it developed and aim for mass production in 2025.

Japan Display itself is planning to mass-produce the next-generation OLED, called eLEAP, in 2024.

The Japanese and Chinese display makers plan to finalize a strategic alliance agreement by June.

HKC has grown rapidly in recent years on the back of its cost competitiveness and robust financial standing and is planning an initial public offering in the near future, Japan Display said.

Source : MarketWatch

You may also like

Dow Jones Newswires: Japan Display stock jumps after plan to mass-produce OLEDs with China’s HKChttps://photovideomag.com  https://keto-diet.biz  https://navirotel.com  https://goodnews.co.com  https://www.les-plaques-funeraires.com/  
Contre-histoire de la philosophie tome 6 : Les Radicalités existentielles: Contre-histoire de la philosophie t.6 * Xiaohongshu leads Series B+ funding for coffee chain M Stand * Breast Most cancers Diagnostic Market Prediction and Evaluation Provided By … – Digital Journal *  *-*Liberia: Border With Ivory Coast Is Dangerous * Breast Most cancers Diagnostic Market Prediction and Evaluation Provided By … – Digital Journal * Friendship (Meridian: Crossing Aesthetics) by Maurice Blanchot (1997-11-30) *  -*-https://www.les-plaques-funeraires.com/  https://whisky-shopping.net  https://www.frenchligue1.com  https://www.mentalismsecretsrevealed.com  https://www.lacavernedujouet.org  https://www.lamaisondurasage.fr/  https://lecordonniermalchausse.fr  https://www.lesbeauxlivres.com/  Dow Jones Newswires: Japan Display stock jumps after plan to mass-produce OLEDs with China’s HKC*Dow Jones Newswires: Japan Display stock jumps after plan to mass-produce OLEDs with China’s HKC

news7.asia Dow Jones Newswires: Japan Display stock jumps after plan to mass-produce OLEDs with China’s HKC