Japan Display partners with HKC in turnaround effort.
Japan Display has announced a strategic alliance with China's HKC Corporation to co-operate on next-generation technology for displays, using Japan Display's eLEAP OLED technology, targeting mass production in 2025. The two companies will jointly plan and build display-making plants, with Japan Display providing its OLED technology to HKC, but not investing in the new plants in order to earn licence revenues and procure advanced panels without making huge capital expenditure of its own.