Company:Japan Display

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Japan Display Inc.
株式会社ジャパンディスプレイ
TypePublic KK
TYO: 6740
IndustryElectronics
Founded(April 1, 2012; 12 years ago (2012-04-01))
HeadquartersLandic Shinbashi Building 2, 3-7-1, Nishi-shinbashi, Minato, Tokyo, 105-0003, Japan
Area served
Worldwide
Key people
Nobuhiro Higashiiriki (CEO and President)
ProductsDevelopment, production and sale of small- and medium-sized displays devices and related products
RevenueIncrease United States dollar 5.97 billion (FY 2013) (¥ 614.56 billion) (FY 2013)
Increase US$ 329 million (FY 2013) (¥ 33.91 billion) (FY 2013)
OwnerINCJ (35.6%)[1]
Number of employees
16,000 (consolidated) (as of July 1, 2014)
Subsidiaries12
WebsiteOfficial 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) (JDI) is an LCD technology joint venture by Sony, Toshiba, and Hitachi.

Outline

The Innovation Network Corporation of Japan (INCJ) financed the merger of Sony, Toshiba, and Hitachi's LCD divisions into one entity by investing two hundred billion yen.

The agreement was finalized November 15, 2011 and operations began April 1, 2012.[4]

History

  • 2011
  • August 31 - INCJ, Sony, Toshiba, and Hitachi agree to the merger of their respective LCD divisions.
  • November 15 - The agreement is finalized. INCJ and Panasonic begin talks on the acquisition of one of Panasonic's factories.[5]
  • Japan Display, Inc is established.
  • 2012
  • April 1 - Operations begin
  • 2013
  • April 1 - Japan Display West, Japan Display Central, and Japan Display East are merged.
  • October 23 - New Subsidiary "Taiwan Display Inc." is established.
  • 2014
  • March 19 - The company is listed on the first section of the Tokyo Stock Exchange.[6][7]

Technology

JDI has developed several technologies to differentiate its LCD panels from those of the competitors.

  • Active-matrix displays driven by TFTs based on a low-temperature polycrystalline-silicon ("LTPS") process instead of amorphous silicon. These higher performance transistors allow a higher resolution (more ppi = pixels per inch).[8]
  • Most LCDs manufactured by JDI use the In-Plane-Switching concept, as do many of its competitors. JDI has developed an improvement for darker black pixels (true-black appearance), called "IPS-NEO", which reduces the light shining through from the backlighting.[9]
  • The conventional combination of a transparent touch-screen device in front of an LCD panel has been replaced by integrating the touch-screen function into the LCD panel itself, called "Pixel Eyes".[10]
  • 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 with very little energy.[11]

Business

As JDI conducted an IPO during March 2014, some business information became available.[12]

Around the time of the IPO, it was reported that JDI is the major supplier of displays for Apple's iPhone.[13]

By pure coincidence, in the 3 years after the IPO, JDI accumulated losses each year. A restructuring plan was announced in 2017, including closing down a production line in Japan and the layoff of approx. a third of the workforce.[14]

See also

References

  1. "Stock Data and Information". Japan Display. http://www.j-display.com/english/ir/stockinfo/stock.html. Retrieved September 11, 2014. 
  2. "Company Outline". Japan Display. http://www.j-display.com/english/company/outline.html. Retrieved March 23, 2014. 
  3. "Consolidated Financial Results for Fiscal Year 2013". Japan Display. http://v4.eir-parts.net/v4Contents/View.aspx?cat=tdnet&sid=1153020. Retrieved September 11, 2014. 
  4. "Sony, Hitachi, and Toshiba Agree to "Japan Display" Joint Venture". DailyTech. November 15, 2011. http://www.dailytech.com/Sony+Hitachi+and+Toshiba+Agree+to+Japan+Display+Joint+Venture/article23287.htm#sthash.n505fv5T.dpuf. Retrieved March 23, 2014. 
  5. "Panasonic to Sell TV Panel Factory to New Japan Display Venture". CIO. November 15, 2011. http://www.cio.com/article/694052/Panasonic_to_Sell_TV_Panel_Factory_to_New_Japan_Display_Venture. Retrieved March 23, 2014. 
  6. "Japan Display Inc. Listed on the First Section of the Tokyo Stock Exchange". Japan Display. March 19, 2014. http://www.j-display.com/english/news/2014/20140319.html. Retrieved March 22, 2014. 
  7. Shinichiro Unozawa (March 19, 2014). "Japan Display IPO 1st fruit of INCJ's investment". Nikkei Inc.. http://asia.nikkei.com/Business/Companies/Japan-Display-debuts-on-TSE-as-1st-fruit-of-INCJs-investment. Retrieved September 11, 2014. 
  8. LTPS explained
  9. IPS-NEO explained
  10. Pixel Eyes explained
  11. Combination of SRAM + TFT explained
  12. Financial information provided by JDI
  13. Reiji Murai; Takashi Umekawa (March 19, 2014). "News of IPO by JDI". Reuters. https://www.reuters.com/article/2014/03/19/us-japan-display-listing-idUSBREA2I00W20140319?type=companyNews. Retrieved September 11, 2014. 
  14. Patrick Welter: Tokios Lehrstück für misslungene Industriepolitik. (in German) Neue Zürcher Zeitung, August 11, 2017. Retrieved August 12, 2017.

External links