Yesterday I posted that Panasonic reportedly decided to withdraw from the OLED TV business and sell their OLED unit to Japan Display. Today there's a new report from Japan that JDI is now considering to setup an OLED joint venture with both Sony and Panasonic.
The new company would be mostly owned by the Innovation Network of Japan (INCJ) - the same government-backed fund that formed Japan Display back in September 2011. INCJ invested around $2.5 billion in JDI and holds 70% of the shares. JDI was formed by joining the mobile display units of Sony, Toshiba and Hitachi.
