A Japan Firm's Move From Steel Plates to Fancy Phone Screens
- Japan Steel Works makes laser machines for OLED phone displays
- Tokyo company hopes iPhone X will help boost OLED demand
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It calls itself a steelmaker, but don’t be misled by the name.
Japan Steel Works Ltd. is no longer just the old-world metals firm that it started life as more than a century ago. These days, the Tokyo-based company is more a technology play, supplying machinery to the makers of everything from high-end phone screens to lithium-ion batteries. So much so, in fact, that the steel and energy products business makes up less than a quarter of sales.