Commercialization of next-generation eLEAP OLED
First written in FY2022. 3 of 9 entries say "Softened", first in FY2024-Q1. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025ReframedAnnual report
「The company had aimed to begin mass production of eLEAP at the Mobara Plant during fiscal 2024, but halted in-house production following the decision to end production at that plant. At the same time, it held discussions with foundry partners that would undertake production, in preparation for developing eLEAP as a fabless business and building a global ecosystem.」
The eLEAP plan was restructured from in-house mass production at the Mobara Plant to a fabless business model, with in-house production to be discontinued and production conducted by foundry partners. The memorandum of understanding for the Wuhu project will also not be extended. - FY2025-H1SoftenedAnnual report
「To launch the eLEAP business in Wuhu, Anhui Province, China, the Company entered into an MOU with the Wuhu Economic and Technological Development Zone in September 2023 and worked jointly toward signing a definitive agreement by the end of October 2024. However, as no agreement had been signed by late October, the Company announced on 23 October that the MOU would not be extended. The Company will nevertheless continue considering the launch of the eLEAP business and will continue working to build a global eLEAP ecosystem in response to strong customer demand for eLEAP.」
The MOU with the Wuhu Economic and Technological Development Zone for launching the eLEAP business did not lead to a definitive agreement and will not be extended. At the same time, the company stated that it would continue examining the launch of the eLEAP business and building a global ecosystem. - FY2024Moribara mass-production timing specified; Wuhu agreement postponedAnnual report
「Mass production of eLEAP is scheduled to begin at the Mobara Plant in the second half of the fiscal year ending March 2025.」
For eLEAP, the planned start of mass production at the Mobara Plant was specified as the second half of the fiscal year ending March 2025. Meanwhile, the company aimed to obtain the final agreement and approvals from the Wuhu Economic and Technological Development Zone in China by the end of October 2024, while discussions on the overseas mass-production plan continued. - FY2024-Q3SoftenedAnnual report
「Regarding the memorandum of understanding signed in September of this year with the Wuhu Economic and Technological Development Zone in China concerning the launch of a business using the next-generation OLED "eLEAP," the Company agreed in December to amend its terms so that the planned factory would be consolidated into a single facility using the larger G8.7 substrate size. Discussions are continuing toward obtaining approvals from the relevant authorities and concluding a final agreement by March 2024.」
The eLEAP mass-production plant plan was consolidated into G8.7, while the deadline for signing the final agreement was extended from the end of December 2023, as indicated in the previous quarter, to March 2024. - FY2024-Q2AdvancedAnnual report
「In September this year, the Company entered into a memorandum of understanding with the Wuhu Economic and Technological Development Zone in Anhui Province, China, concerning the launch of a business for eLEAP, the next-generation OLED developed by the Company. The Company plans to execute a definitive agreement by the end of December this year and, promptly after its execution, establish an operating company and construct an eLEAP mass-production plant in the development zone to meet strong customer demand for eLEAP.」
For eLEAP, the plan progressed from the previous stage of planned mass production and capital investment to the stage of planning the launch of a business with the Wuhu Economic and Technological Development Zone, including the signing of a memorandum of understanding, execution of a final agreement, establishment of an operating company and construction of a mass-production plant. - FY2024-Q1SoftenedAnnual report
「This was due to a ¥5,662 million increase in property, plant and equipment resulting from capital investment at the Mobara Plant for the start of eLEAP mass production from fiscal 2025.」
For eLEAP, although the company made capital investments for mass production, the timeline shifted back from the previous plan to begin mass production in 2024 to a statement targeting mass production from fiscal 2025. - FY2023AdvancedAnnual report
「The Company received its first order for eLEAP in the fourth quarter of the current fiscal year and plans to begin mass-production shipments in 2024.」
For eLEAP, the disclosure progressed from establishing mass-production technology and positioning it within the growth strategy to concrete developments, including securing the first order and plans to begin mass-production shipments in 2024. - FY2023-Q3RestatedAnnual report
「In addition to the next-generation OLED “eLEAP,” announced on 13 May of the same year, high-value-added device products in the automotive, VR and communications fields」
The company reiterated that eLEAP is a target for high-value-added devices and business portfolio restructuring under its growth strategy. No new commercialization milestones were disclosed. - FY2022First statedAnnual report
「eLEAP, a next-generation OLED display offering outstanding cost performance」
The Company positioned eLEAP, its next-generation OLED technology, as a growth driver for METAGROWTH 2026 and indicated in its description of R&D results that commercialization is planned from 2024.