Toshiba Mobile Display, a joint venture between Toshiba and Panasonic, had invested some 16 billion yen ($191.6 million) in 2008 for an OLED production line at its plant in Ishikawa Prefecture, Japan. The plan was to churn out 1.5 million OLEDs for smartphones a month, but that won't happen anymore. Toshiba Mobile Display will instead focus on LCD panels until further notice: staff involved in the production and R&D of OLED will be transferred to the LCD panel division, unless they were working on lighting equipment, in which case they remain under OLED.
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