Japanese joint venture aims for organic lighting
A group headed by Mitsubishi Heavy Industries, Rohm, Toppan Printing and Mitsui have set up a joint venture to work out whether organic electroluminescence (OEL) panels will prove viable for lighting. Lumiotec plans to sell sample panels from the spring of 2009.
The companies said in a statement that a full-scale system for the commercial production and marketing of the panels will be set up once business viability of the panels is confirmed, claiming that Lumiotec will be the first company in the world dedicated to the OEL lighting panels business.
Mitsubishi holds just over 50 per cent of the venture’s shares, with Rohm holding 34 per cent, Toppan Printing 9.9 per cent, Mitsui 5 per cent and Junji Kido 0.1 per cent. Hisao Shigenaga, Deputy general manager of MHI's machinery and steel structures headquarters, will serve as the first president of the venture, which will begin operations with 20 employees.
The companies said the creation of Lumiotec was spurred by the development of a new device structure that enabled the simultaneous achievement of increased brightness and longer operating life, which, in the past, were considered performance trade-offs.
Image: Lumiotec will investigate whether OEL panels can replace conventional light bulbs