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Konica Minolta Holdings, Inc., Konica Minolta Technology Center, Inc. and the General Electric Company today announced that they have signed a strategic alliance agreement to accelerate the development and commercialization of OLED (Organic Light Emitting Diode) devices for lighting applications. The goal is to bring OLED lighting to market within the next 3 years.

The goal is to bring OLED lighting to market within the next 3 years.

Masatoshi Matsuzaki, President, Konica Minolta Technology Center, Inc., said, “Having such unprecedented attractive features as flexible, thin, light weight, and sheet form, OLED lighting is considered one of the most promising new business opportunities for us in the future. We are delighted to collaborate with GE to accelerate the development and launching of this revolutionary new lighting technology.”

Michael Idelchik, Vice President, Advanced Technology Programs, GE Global Research, said, “The alliance of KM, a world leader in imaging products, and GE, a global leader in lighting products, represents an extraordinary opportunity to make the commercialization of OLED lighting products a reality. Both companies have achieved significant advances in OLED technologies at the research and development stage. Now, we will pool our substantial resources and expertise to accelerate the development of this transformational technology.” full article