Japan Display

Last updated
Japan Display Inc.
Type Public KK
TYO: 6740
Industry Electronics
FoundedApril 1, 2012;9 years ago (2012-04-01)
HeadquartersLandic Shinbashi Building 2, 3-7-1, Nishi-shinbashi, Minato, Tokyo, 105-0003, Japan
Area served
Key people
Scott Callon (Chairman and CEO) [1]
ProductsDevelopment, production and sale of small- and medium-sized displays devices and related products
RevenueDecrease2.svg US$6.76 billion (FY 2018)
(¥ 717.52 billion)
Decrease2.svg US$2.33 billion (FY 2018)
(¥ 247.24 billion)
OwnerIchigo Trust (44.26%)
Number of employees
8,622 (as of September 30, 2020)
Website Official website
Footnotes /references
[2] [3]

Japan Display Inc. (株式会社ジャパンディスプレイ, Kabushiki-gaisha Japan Disupurei), commonly called by its abbreviated name, JDI, is the Japanese display technology joint venture formed by the merger of the small and medium-sized liquid crystal display businesses of Sony, Toshiba, and Hitachi.


As of March 2014, JDI was one of the major display suppliers to Apple's iPhone. [4] Also, it was a key supplier to Nintendo Switch, along with Sharp Corporation, until 2017. [5]

As of 2020, JDI has research and production of three types of displays ongoing under its operation: LCD, OLED, and microLED. [6] [7] [8]


On August 31, 2011, Sony, Toshiba, and Hitachi agreed to a merger of their respective small-to-medium-sized LCD businesses, supported by an investment of two hundred billion yen from INCJ. Soon after, INCJ and Panasonic also began talks on the acquisition of one of Panasonic's factories. [9]

JDI has started its operation on April 1, 2012 after it had finalized the agreement between the stakeholders on November 15, 2011. [10]

In April 2013, Japan Display West, Japan Display Central, and Japan Display East were merged. In October, Taiwan Display Inc. was established.

On March 19, 2014, the company was listed on the first section of the Tokyo Stock Exchange. [11] [12]

JDI had accumulated consecutive losses since its IPO, a restructuring plan was announced in 2017, including closing down a production line in Japan and layoffs of approximately a third of its workforce.

A newly-created entity INCJ, Ltd. had become the largest shareholder of JDI with 25,29 % of total shares since September 21, 2018 as a result of a corporate split of the old INCJ. [13]

From 2019 onwards, the company began to actively seek further investments as its financial difficulties worsened. It went on to sign a memorandum of understanding to sell 49.82% of the company to Suwa Investment Holdings LLC at a sale price of US$715 million. Suwa was the name of a group of investors, which included the Chinese Silk Road Fund and Harvest Tech Investment Management, Taiwan’s TPK Holdings, and Fubon Financial Holdings. [14]

On June 12, 2019, JDI disclosed that major changes are to be implemented due to sluggish sales in the Mobile Business Division. It announced one plant would be closed and another has suspended operation. A major reduction of the workforce was also planned. [15] On June 27, $100 million investment was announced by Apple, boosting the stock price of JDI by 32 percent at the time. [16]

In October 2019, JDI revealed it has started producing OLED displays for Apple's smartwatch. [7]

On December 26, it officially entered talks to sell its plant in Hakusan, Ishikawa to Sharp Corporation for 80 to 90 billion yen which is about US$800 million, with a plan to avail the profit to the repayment of the loan made by Apple whose investment partially funded the construction of the plant. [17] The Hakusan plant was built in 2015 and began operations in 2016 at a cost of US$1.5 billion, and has been partly idle since June 2019, due to Apple's use of OLED displays. [18] [19] [20] [21] [22]

Due to the financial trouble caused by its late decision to manufacture OLED displays and the loan from Apple, the company's OLED affiliate, JOLED, has not yet been able to compete with other manufacturers, whilst more than half of JDI's revenue still came from the shrinking IPS LCD panel sales to Apple. [23]

In February 2020, Ichigo Asset management, a multinational private investment fund, gained control of JDI in exchange for US$715 million of investment. In turn, the memorandum signed with Suwa a year before was terminated. [24] INCJ and other existing shareholders retained stakes in the company.

In April 2020, in accordance with the talks held in December, JDI began to sell LCD production equipment valued at US$200 million to Apple, with plans to sell the real estate of the Hakusan plant to Sharp. This will allow JDI to focus on its remaining product demand and factories. The sales have been completed by October. [25]

In July 2020, the CEO of JDI revealed the company's plan to start mass production of OLED display panels for smartphones "as early as 2022" with a novel manufacturing technology, adding that it would require new funding. [26]


JDI has produced active-matrix displays driven by TFTs based on a low-temperature polycrystalline-silicon ("LTPS") process instead of amorphous silicon, allowing higher resolutions of their displays. [27] The In-Plane-Switching technology developed by Hitachi also has been used. The company has developed an improvement for darker black pixels (true-black appearance), called "IPS-NEO", which reduces the light shining through from the backlighting. [28]

Its "Pixel Eyes" technology incorporates the touch function into the LCD panel itself; combined with the company's transparent display technology, a transparent fingerprint reader that could be featured in smartphones was announced in 2018. [29] [30]

For reflective LCDs without backlighting, JDI has developed an addressing technique using a thin-film memory device SRAM in addition to the conventional TFT for each pixel, so that a still image can be stored consuming a low amount of energy. [31]

In November 2019, JDI unveiled a prototype of a 12.3-inch transparent LCD that has a transmittance rate of as high as 87 percent. [32]

In December 2019, it announced that it has developed a 1.6-inch microLED display module with a pixel density of 265 ppi and a peak brightness of 3,000 nits, which can be assembled to form a large screen. [8]

See also

Related Research Articles

Computer monitor Computer output device

A computer monitor is an output device that displays information in pictorial form. A monitor usually comprises the visual display, circuitry, casing, and power supply. The display device in modern monitors is typically a thin film transistor liquid crystal display (TFT-LCD) with LED backlighting having replaced cold-cathode fluorescent lamp (CCFL) backlighting. Previous monitors used a cathode ray tube (CRT) and some Plasma displays. Monitors are connected to the computer via VGA, Digital Visual Interface (DVI), HDMI, DisplayPort, USB-C, low-voltage differential signaling (LVDS) or other proprietary connectors and signals.

Liquid-crystal display Display that uses the light-modulating properties of liquid crystals

A liquid-crystal display (LCD) is a flat-panel display or other electronically modulated optical device that uses the light-modulating properties of liquid crystals combined with polarizers. Liquid crystals do not emit light directly, instead using a backlight or reflector to produce images in color or monochrome. LCDs are available to display arbitrary images or fixed images with low information content, which can be displayed or hidden. For instance: preset words, digits, and seven-segment displays, as in a digital clock, are all good examples of devices with these displays. They use the same basic technology, except that arbitrary images are made from a matrix of small pixels, while other displays have larger elements. LCDs can either be normally on (positive) or off (negative), depending on the polarizer arrangement. For example, a character positive LCD with a backlight will have black lettering on a background that is the color of the backlight, and a character negative LCD will have a black background with the letters being of the same color as the backlight. Optical filters are added to white on blue LCDs to give them their characteristic appearance.

OLED Diode that emits light from an organic compound

An organic light-emitting diode, also known as organic electroluminescentdiode, is a light-emitting diode (LED) in which the emissive electroluminescent layer is a film of organic compound that emits light in response to an electric current. This organic layer is situated between two electrodes; typically, at least one of these electrodes is transparent. OLEDs are used to create digital displays in devices such as television screens, computer monitors, portable systems such as smartphones and handheld game consoles. A major area of research is the development of white OLED devices for use in solid-state lighting applications.

LCD television Television set with liquid-crystal display

Liquid-crystal-display televisions are television sets that use liquid-crystal displays to produce images. They are, by far, the most widely produced and sold television display type. LCD TVs are thin and light, but have some disadvantages compared to other display types such as high power consumption, poorer contrast ratio, and inferior color gamut.

Backlight Form of illumination used in liquid crystal displays

A backlight is a form of illumination used in liquid crystal displays (LCDs). As LCDs do not produce light by themselves—unlike, for example, cathode ray tube (CRT) displays—they need illumination to produce a visible image. Backlights illuminate the LCD from the side or back of the display panel, unlike frontlights, which are placed in front of the LCD. Backlights are used in small displays to increase readability in low light conditions such as in wristwatches, and are used in smart phones, computer displays and LCD televisions to produce light in a manner similar to a CRT display. A review of some early backlighting schemes for LCDs is given in a report Engineering and Technology History by Peter J. Wild.

A thin-film-transistor liquid-crystal display is a variant of a liquid-crystal display (LCD) that uses thin-film-transistor (TFT) technology to improve image qualities such as addressability and contrast. A TFT LCD is an active matrix LCD, in contrast to passive matrix LCDs or simple, direct-driven LCDs with a few segments.

This is a comparison of various properties of different display technologies.

Bravia (brand) Brand of Sony Visual Products Inc.

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Electroluminescent display

Electroluminescent Displays (ELDs) are a type of Flat panel display created by sandwiching a layer of electroluminescent material such as GaAs between two layers of conductors. When current flows, the layer of material emits radiation in the form of visible light. Electroluminescence (EL) is an optical and electrical phenomenon where a material emits light in response to an electric current passed through it, or to a strong electric field. The term "electroluminescent display" describes displays that use neither LED nor OLED devices, that instead use traditional electroluminescent materials. Beneq is the only manufacturer of TFEL and TAESL displays, which are branded as LUMINEQ Displays. The structure of a TFEL is similar to that of a passive matrix LCD or OLED display, and TAESL displays are essentially transparent TEFL displays with transparent electrodes. TAESL displays can have a transparency of 80%. Both TEFL and TAESL displays use chip-on-glass technology, which mounts the display driver IC directly on one of the edges of the display. TAESL displays can be embedded onto glass sheets. Unlike LCDs, TFELs are much more rugged and can operate at temperatures from -60 to 105°C and unlike OLEDs, TFELs can operate for 100,000 hours without considerable burn-in, only losing about 80% of its initial brightness. The electroluminescent material is deposited using atomic layer deposition, which is a process that deposits one 1-atom thick layer at a time.

Indium gallium zinc oxide (IGZO) is a semiconducting material, consisting of indium (In), gallium (Ga), zinc (Zn) and oxygen (O). IGZO thin-film transistors (TFT) are used in the TFT backplane of flat-panel displays (FPDs). IGZO-TFT was developed by Hideo Hosono's group at Tokyo Institute of Technology and Japan Science and Technology Agency (JST) in 2003 and in 2004. IGZO-TFT has 20–50 times the electron mobility of amorphous silicon, which has often been used in liquid-crystal displays (LCDs) and e-papers. As a result, IGZO-TFT can improve the speed, resolution and size of flat-panel displays. It is currently used as the thin-film transistors for use in organic light-emitting diode (OLED) TV displays.

AMOLED Display technology for use in mobile devices and televisions

AMOLED is a type of OLED display device technology. OLED describes a specific type of thin-film-display technology in which organic compounds form the electroluminescent material, and active matrix refers to the technology behind the addressing of pixels.

Graphics display resolution Width and height of an electronic visual display device, such as a computer monitor, in pixels

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IPS is a screen technology for liquid-crystal displays (LCDs). It was designed to solve the main limitations of the twisted nematic field effect (TN) matrix LCDs which were prevalent in the late 1980s. These limitations included strong viewing angle dependence and low-quality color reproduction. In-plane switching involves arranging and switching the orientation of the molecules of the liquid crystal (LC) layer between the glass substrates. This is done, essentially, parallel to these glass plates.

Time multiplexed optical shutter (TMOS) is a flat panel display technology developed, patented and commercialized by Uni-Pixel Displays, Inc. TMOS is based on the principles of total internal reflection (TIR), frustration of TIR (FTIR) and field sequential colour generation (FSC). This combination of features make it suitable for applications such as mobile phones, televisions and signalling systems.

Next generation of display technology is any display technology considered likely to outperform LCD technology in the future, while being better than any other display technology before the year 2020.

Universal Display Corporation is a developer and manufacturer of organic light emitting diodes (OLED) technologies and materials as well as provider of services to the display and lighting industries. It is also an OLED research company. Founded in 1994, the company currently owns or has exclusive, co-exclusive or sole license rights with respect to more than 3,000 issued and pending patents worldwide for the commercialization of phosphorescent based OLEDs and also flexible, transparent and stacked OLEDs - for both display and lighting applications. Its phosphorescent OLED technologies and materials are licensed and supplied to companies such as Samsung, LG, AU Optronics CMEL, Pioneer, Panasonic Idemitsu OLED lighting and Konica Minolta.

A see-through display or transparent display is an electronic display that allows the user to see what is shown on the screen while still being able to see through it. The main applications of this type of display are in head-up displays, augmented reality systems, digital signage, and general large-scale spatial light modulation. They should be distinguished from image-combination systems which achieve visually similar effects by optically combining multiple images in the field of view. Transparent displays embed the active matrix of the display in the field of view, which generally allows them to be more compact than combination-based systems.

BOE Technology Chinese electronics company

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