Toshiba gives up on OLED mass production

Posted on Monday, October 04 2010 @ 17:48 CEST by Thomas De Maesschalck

Toshiba announced it has cancelled its plans to mass produce OLED screens, instead the company will shift its full focus to LCD panels:

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.

More info Reuters.

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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