Sharp to seek all-Japan OLED alliance to counter S. Korea firms

Tokyo

JAPAN'S Sharp Corp will ask the government to help it form an alliance with rival Japan Display Inc in OLED technology to better compete with South Korean makers, its chief executive said on Thursday.

"We should create a Japan alliance" in organic light-emitting diode (OLED) panels, Tai Jeng-wu told reporters at the Tokyo Stock Exchange (TSE), after Sharp's shares returned to the bourse's first section after a year's absence.