Matsushita Group will invest 20 billion yen to develop OLED panel mass production technology

Matsushita Group recently announced plans to invest 20-300 billion yen to develop OLED panel mass production technology.
It is understood that Panasonic plans to use the 5th to 6th generation OLED panel production line of the Himeji Plant as a test line within 2 years to develop the OLED panel mass production technology. Earlier, it was reported that Sony and Taiwan's panel giant AUO set up a joint venture factory for OLED TVs and panels. Panasonic said that in order to avoid mass production, it will spend a lot of money. The company is considering that it may take contracts with other manufacturers like Sony. The method is to develop the mass production technology of OLED panels.
At the 2012 International Consumer Electronics Show held in Las Vegas in the United States earlier this year, South Korea’s Samsung Electronics and LG exhibited the world’s most advanced display technology for OLED flat-panel TVs. For this, Panasonic’s president, Daping Wenxiong It said that Panasonic will also accelerate the research and development of large-size household and commercial OLED TV products, and its quality will never be lost to Korean brands, and strive to be listed after 2013.

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