Under the agreement announced in April, the two companies aimed at starting mass production of the display in 2025, with HKC covering the costs for factory construction and JDI offering technological expertise.
But the Japanese company has decided to scrap the tie-up as some of its clients voiced concern over the plan in which HKC will play a leading role in the operation of the factories, JDI said.
The Japanese company still plans to build factories in
The factories will produce a new type of EL display called eLEAP, which was developed by JDI and is of a higher quality than existing models in terms of brightness and product life.
"Our customers told us they want to buy directly from JDI," the company's CEO
While canceling the tie-up, JDI will continue talks with HKC over a potential collaboration in the development of displays for cars, the company said.
==Kyodo
© Kyodo News International, Inc., source