Mitsubishi is a "community" that consists of a multitude of independent companies involved in a wide range of markets including automobiles, plastics, electronics, hotels, banking and more. Several of these companies are involved with OLEDs:

Mitsubishi Chemicals is working towards OLED materials together with UDC. They have also entered the OLED Lighting market together with Pioneer in February 2010 and are selling OLED panels under the Verbatim brand (Verbatim is owned by Mitsubishi Chemicals).

Mitsubishi Heavy Industries has decided to start making OLED display panels back in 2007, although we did not hear about these efforts since.

Mitsubishi Electric are producing the world's largest OLED display, the Diamond Vision OLED. These are modular displays that are made from 128x128 PMOLED tiles. Those displays are already available and the first one was installed in 2010 at Merck's Material Research Center.

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The latest Mitsubishi OLED news:

Mitsubishi and Pioneer established a new company to handle OLED sales in Japan

Pioneer and Mitsubishi established a new company called MC Pioneer OLED Lighting (MPOL). The new company (jointly owned 50:50) will handle OLED lighting marketing and sales in Japan. MPOL offers Verbatim's Velve color-tunable OLED lighting panels (jointly made by Mitsubishi and Pioneer).

MPOL has a nice website (in Japanese, though) that shows nice photos of the latest Velve installations such as the Issey Miyake store at Tokyo's JP Tower and the Kaiteki Cafe in Tokyo.

Gazprom installs a Diamond Vision OLED display in their Siberia HQ

Gazprom Dobycha Noyabrsk installed a 5.4 x 3.4 meter Diamond Vision OLED installation (Mitsubishi's tiled-PMOLED display) in their headquarters in Siberia, Russia. The display consists of 112 PMOLED modules (128 x 128 pixels each) in a 14 x 8 configuration to achieve a 1792 x 1024 resolution. The installer was Avilex.

This is the fourth Diamond Vision OLED installation we're aware of. The first one was in Merck's Material Research Center in Darmstadt, Germany. Merck's display measures 3.84 x 2.3 m with a 1280 x 768 resolution. The second installation is the Geo-Cosmos six-meter OLED globe at the National Museum of Emerging Science and Innovation in Tokyo, Japan. This installation uses smaller modules (32x32) - in fact it uses 10,362 such modules to achieve more than 10 million pixels.

Issey Miyake installs 99 Velve OLED panels at their JP Tower store

The Issey Miyake store at Tokyo's JP Tower has installed 99 Velve OLED panels in their handbag section. The panels are all 7x7 cm in size. It's not clear by the photo and the PR, but I guess that these panels keep changing their color (the Velve panels are the only color-tunable panels available today).

I'm guessing those are Verbatim's 2nd-Gen panels (as their 3rd-Gen ones aren't in production yet as far as I know).

Verbatim announced 51 lm/W color-tunable OLED lighting panels

Verbatim announced their 3rd-Gen Velve color-tunable OLED lighting panels, and the company managed to increase the efficacy to 51.6 lm/W. The brightness is the same as in their 2nd-gen panels (2,000 cd/m2). The panels weigh 193 grams and the active area is 123x123 mm. In fact it seems to be exactly the same as their previous panels.

Verbatim did not reveal when the expect to release those panels and at what price. We don't have any technical details either, but it's likely that these are phosphorescent panels. The OLED is manufactured by Mitsubishui Chemical (Verbatim's parent company) in partnership with PioneerBack in June 2012 we posted a hands-on review of the first-gen Verbatim panels, here's a short video from that review:

Pioneer establishes a new OLED lighting subsidiary

Pioneer announced it has established a new OLED lighting subsidiary (called Pioneer OLED Lighting Devices). The new company will take over Pioneer's OLED development and production. Pioneer is collaborating with Mitsubishi and is already producing OLED lighting panels (sold under the Verbatim brand).

POLD was launched with a capital of ¥200 million (about $2.1 million). Pioneer says that this new subsidiary will allow them to strengthen their OLED lighting program - in preparation for the OLED lighting market launch in 2014.

Video of Mitsubishi's Diamond Vision OLED at Narita airport

Back in June Mitsubishi announced that they completed the installation of the 9.6 x 1.9 meters 160-degrees concave Diamond Vision OLED display at Narita Airport. This cool display (called Panorama Vision) ;is made from 2,000 96 x 96 mm PMOLED panels. Now we found this video showing this display in action:

This is Mitsubishi's third Diamond Vision OLED installation that we know about. The first one was a 3.84x2.3 meter display installed at Merck's research center and the second was the 6" Geo-Cosmos sphere installed at Tokyo's Science Museum.

Mitsubishi completed the installation of the curved Diamond Vision OLED at Narita airpot

Mitsubishi announced they completed the installation of Japan's largest digital signage system at Narita international airport in Tokyo (announced in October 2011). The system includes a 160-degrees concave Diamond Vision OLED display called Panorama Vision. This cool display measures 9.6 x 1.9 meters and is made from 2,000 96x96mm PMOLED panels.

This is Mitsubishi's third Diamond Vision OLED installation that we know about. The first one was a 3.84x2.3 meter display installed at Merck's research center and the second was the 6-meter Geo-Cosmos sphere installed at Tokyo's Science Museum.

Pioneer and Mitsubishi report advances in OLEDs made by web-coating, to expand current production capacity

Mitsubishi Chemical and Pioneer have jointly developed OLED elements produced using a wet coating process for the light-emitting layers. The two companies will establish a testing facility with an aim to commercialize this technology for OLED lighting mass production by 2014.

Mitsubishi's and Pioneer's OLED coating project began in January 2010, and in May 2011 the companies announced that they managed to fabricate a white OLED in which the emissive layer was formed in a coating process. That OLED featured 52 lm/W and a lifetime (LT50) of 20,000 hours (@1,000cd/m2 luminance). The new panel produced now features 56 lm/W and a lifetime (LT70) of 57,000 hours (@1,000cd/m2 luminance) which is quite an improvement.

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