Konica Minolta and Pioneer to merge their OLED lighting business?
According to the Nikkei Asian Review, Konica Minolta and Pioneer are in talks to merge their OLED lighting business. According to the report, the two companies are finalizing the agreement, and will setup a new 50:50 joint venture in the spring.
Both companies are producing OLEDs, and the two production facilities will still be owned by the parent companies - but the OLED R&D and sales operations and will be spun-off to a new company.