In May 2014 it was reported that Japan Display may setup an OLED joint venture together with Sony and Panasonic . Today Kyodo news confirms this report, and says that the three companies will indeed form a new company (which will be called JOLED) that will develop small and medium OLED displays – mostly for tablet devices. The official announcement is expected soon. JDI 5.2-inch FHD OLED prototype JOLED will receive and investment from the Innovation Network Corporation of Japan, a public-private investment fund. Similarly to JDI itself, the INCJ will hold 70% in the new company. JDI will hold 20% and Sony and Panasonic will each own 5%. Read more about Kyodo News: JDI, Sony and Panasonic to form a small/medium OLED company

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Kyodo News: JDI, Sony and Panasonic to form a small/medium OLED company