Sony strikes OLED joint development plan

Sony announced that it will jointly develop OLED materials with Japanese oil company Idemitsu Kosan. The two companies will also cross-licence OLED-related patents as part of the joint development plan, which was spelled out in a memorandum of understanding signed by the two companies in Tokyo today.

Sony and Idemitsu are expecting to sign a formal deal by the end of January. The deal will (initially) cover a 5-year development effort.

Posted: Nov 29,2005 by Ron Mertens