Mitsubishi Heavy Industries to enter OLED market

Mitsubishi Heavy Industries said on Tuesday that it would start shipping samples of OLED panels this year and may begin mass production if demand is strong. "We have not decided whether we would go for mass production. We will first ship samples and see if there is a market for it," a spokesman for Mitsubishi Heavy said.

He said it would cost about 15 billion yen ($125 million) to build a production line which could produce 20,000 units of panels if the company decides to go for mass production. The Nikkei business newspaper reported on Tuesday that Mitsubishi Heavy will aim for mass production in 2009 and will start making prototypes at its Hiroshima plant as early as this year.

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