Sanyo, Kodak to Invest in OLED Display Production
Jan 16, 2003
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Sanyo Electric Co. said Thursday it and Eastman Kodak Co. of the U.S. will jointly invest a total of Y20 billion (U.S. $169.5 million) to mass-produce full-color organic light emitting diode (OLED) displays in Japan this year.
The investment will be for mass-production of 2.2-in displays used for portable devices such as digital still cameras and mobile phones, a Sanyo Electric spokesman said.
The new display is said to be one of the most promising next generation full-color flat-type displays. OLED displays reportedly offer bright, full-motion images that are viewable from a very wide angle. The displays comprise specially designed organic thin-film materials that emit light when stimulated by an electric charge.
As a result, SK Display Corp., a OLED display joint venture by Sanyo Electric and Kodak, plans monthly production capacity of 1 million 2-inch panels at the end of this year, the Japanese consumer electronics maker said.
The pair plans to invest Y10 billion for SK Display's plant and another Y10 billion for Tottori Sanyo Electric Co.'s plant making parts for base panels. Tottori Sanyo is a subsidiary of Sanyo Electric. (Dow Jones)
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