The United States and Japan plan to invest US$13 billion to revive panel production

Regardless of LCD or OLED panels, the main production is now being transferred to Chinese companies. Japan used to be the LCD brother, but it is not willing to withdraw and plans to invest in the United States to revitalize the industry. According to Tomshardware reports,Japan's JDI Company proposes to build an advanced panel factory with the cooperation of the US and Japanese governments, with an investment of up to US$13 billion.The two countries are also very interested in this and are actively negotiating.

Affected by this news, JDI's stock price surged 80% on Monday.

This is part of a $550 billion investment between the United States and Japan, and the factory is also expected to be located in the United States.

As for the motivations of both parties, the United States and Japan obviously do not want to see Chinese manufacturers completely dominate the panel industry. Japan used to be a powerhouse for LCD and OLED technology research and development.Many netizens still remember that domestic mobile phone conferences would use Japanese panels as a selling point before.

However, in the past ten years, Japanese companies have been retreating steadily. Whether it is Panasonic, Sony, JDI and other companies, the LCD industry has basically withdrawn. There is no opportunity for mass production in the OLED field. The high-end is dominated by Samsung and LG, and the mid-to-low-end is dominated by Chinese companies.

Not only that, Japanese companies can’t even keep their TV brands.Sony, Panasonic, Sharp and other companies have sold or jointly owned their brands to Chinese companies.Only retain the local market.

Therefore, it is understandable that Japan and the United States jointly invest in revitalizing the panel industry. However, it is probably more difficult to produce panels in the United States than to produce chips in the United States. Today's panel market has already reached the Red Sea, and low-price competition is fierce. Neither Japan nor the United States can withstand such competition.

The last company to invest in panels in the United States was Hon Hai. It was during Trump's first term. It was praised by him as the eighth wonder of the world. The United States also provided a large amount of subsidies. However, panel production has never been established, and now there is no news about it.