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Konica Minolta to challenge in OLED lighting industry

17 Nov 2009

Lumiotec’s OLED lighting demonstrators. Companies are keen to scale up their offerings to capitalise on this growing marketJapanese imaging technology producer Konica Minolta is focusing on OLED lighting sales in its future business strategy, according to reports.

News agency Reuters reveals that Konica will launch OLED-based lighting equipment in March 2011 as part of its plans to achieve sales of more than ¥100 billion (€753 million) by 2017.

The report follows Konica's recent announcement of plans to set up pilot line production in Tokyo by Q3 2010. The ¥3.5 billion facility will be used to initially produce OLED lighting products, sold on a limited basis.

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