Denso invests 30 billion yen in OLED display developer JOLED
Denso Corp. announced it has invested 30 billion yen ($270 million) in JOLED Inc., a developer of printed organic light-emitting diode (OLED) displays. The investment is intended to accelerate JOLED’s development and mass production of in-vehicle OLED displays that are used for human-machine interfaces (HMIs). JOLED’s OLED displays are designed to offer higher-definition images, more vivid colors, and to be thinner, lighter, and bendable. They are meant to be easier to install and produce more optimized light output for improved HMI functionality.
“DENSO’s investment in JOLED directly enhances the advancement of human-machine interfaces – technologies which are critical to keeping drivers informed behind the wheel safely,” said Hirotsugu Takeuchi, Executive Director of DENSO. “Working with JOLED will help us create a new mobility future that’s safer for all, emphasizes efficiency and smartly applies problem-solving innovations to the real world.”
Denso said that the investment will enable it to combine its accumulated technology and knowledge regarding HMIs with JOLED’s OLED printing, which will speed up the development and mass production of various types of OLED displays for instrument clusters, center-stack displays, and other devices, and thus contribute to the development of more attractive and convenient cockpits.