Sony, Sharp, Toshiba and other Japanese consumer electronics giants
are to get government cash to help fund the development of big-screen
In total, ¥700m ($6.6m/£3.3m/€4.2m) will be made available to the
companies, all of it from NEDO, a Japanese government agency that fuels
the development of emerging technologies. The funding will be provided
over the next five years to March 2013.
NEDO clearly views OLED as a key advance in cutting the amount of
electrical power the world consumes. The funding is geared toward the
development of a 40in 1080p screen that consumes less than 40W and can
be manufactured in volume.