OSAKA – Sharp Corp. is planning to develop technology for commercial mass production of organic electroluminescence panels for next-generation televisions by March 2016.
The struggling electronics manufacturer intends to take advantage of earnings from the technology to help turn around its finances, industry sources said Tuesday.
After developing the technology, Sharp may decide whether to use the technology for its own commercialization of organic EL panels, including outsourcing production to Taiwanese and other electronics manufacturing services providers.
If Sharp decides commercialization of the technology is difficult, it may sell the technology to other companies or license others to produce the panels.
Sharp intends to include the development of organic EL panel production technology in its business plan for the three years through fiscal 2015, which ends in March 2016, to be released on May 14, the sources said.
Organic EL panels are thinner and consume less electricity than liquid crystal displays. LG Electronics Inc. has already launched organic EL display TVs, while Samsung Electronics Co. has used the panels for smartphones.
Sharp expects to take on the South Korean companies with unique materials allowing for clearer images on organic EL displays, the sources said.