Konica and GE to jointly develop OLED lights, release product within 3 years

Konica Minolta has tied up with GE to jointly develop flexible and thin lighting products using organic light-emitting diode (OLED) technology. Konica Minolta said it would aim to release a product within three years, most likely using the GE brand.

Company spokeswoman Yuko Ogiso said Konica and GE would develop devices that are thin and can be bent to fit curved surfaces, aiming to offer a new category of lighting while cultivating the business into a new driver of earnings growth. Ogiso said the company did not have any concrete profit or sales forecasts for the OLED business.

Posted: Mar 27,2007 by Ron Mertens