October 1, 2010 / 12:21 AM / 7 years ago

Toshiba scraps plans for OLED panel mass production

1 Min Read

TOKYO, Oct 1 (Reuters) - Toshiba Corp (6502.T) plans to scrap plans to mass-produce organic electroluminescence (OLED) panels at its unit Toshiba Mobile Display and focus on high-demand LCD panels instead.

"The plan (for mass-production) is currently frozen. We'll review the production plan again from scratch," Toshiba Mobile Display spokesman Masahiro Kume said.

Toshiba Mobile Display, a joint venture between Toshiba and Panasonic Corp (6752.T), had invested some 16 billion yen ($191.6 million) in 2008 to install an OLED production line at its plant in Ishikawa Prefecture in northern Japan with plans to to churn out 1.5 million cell phone OLED panels a month, the Nikkei business daily said. [ID:nSGE68T0K8]

Reporting by Mariko Katsumura

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below