Apple supplier Japan Display eyes making OLED panels domestically

The Japan Times 

Japan Display Inc. is exploring mass production of next-generation organic electroluminescent panels for smartphones at an existing domestic plant, according to the CEO of a China-Hong Kong consortium that has agreed to bail out the troubled Apple Inc. supplier. As Japan Display sees fast production of OLED panels as the pillar of its growth strategy, Winston Lee, CEO of Suwa Investment Holdings LLC, who is set to join the Japan Display board, said making them at its Hakusan plant in Ishikawa Prefecture will allow the product to hit the market within two and a half years. "To build a full OLED production plant in China will take three to four years before the product comes off the line. To build in Hakusan, it may take only two to two and a half. The cost at Hakusan would be half or less," Lee said in a recent interview in Tokyo.