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Panasonic Electric Works and Idemitsu Kosan joint venture to produce OLED lighting panels

Business news |
By eeNews Europe

The new company Panasonic Idemitsu OLED Lighting Co. Ltd.will pursue the development of the OLED lighting market and make every effort to secure a solid position in the market. It will be headquartered in Osaka with a stated capital of JP¥ 1.5 billion, of which 51% of shares will belong to Panasonic Electric Works and 49% of shares will belong to Idemitsu.

PEW and Idemitsu have a history of joint participation in government commissioned/subsidized projects by the New Energy and Industrial Technology Development Organization (NEDO) since 2007 and have forged a strong partnership in the technological and product development of OLED lighting panels.

Visit Panasonic Electric Works at www.panasonic-electric-works.com

Visit Idemitsu Kosan at www.idemitsu.com


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