Konica Minolta and Pioneer form strategic alliance

Konica Minolta and Pioneer Corporation have entered into an agreement to establish a joint venture for Organic Light Emitting Diode (OLED) lighting business to accelerate launching business for OLED lighting through integration of their strengths.
  OLED has also been more and more in demand for new applications that have never existed before, such as advertisement lighting which integrates lighting with paper or package and beauty lighting utilising high-level colour rendering properties of OLED.
  Responding to the market requirements, this strategic alliance will combine Konica Minolta’s roll-to-roll method flexible panel manufacturing equipment and production technology and Pioneer’s achievement in OLED panel mass production and market rollout and its car electronics OEM business know-how. In entering into the agreement today, the companies expect that the joint venture will be able to provide lighting with new values for customers.
  The new company to be established will integrate business and product planning, product development, production technology development and marketing functions of both companies’ OLED lighting business to drive its initiatives.
  The new company’s business will be centred on the new field of automotive lighting, in addition to the lighting for indicators and for advertisement Konica Minolta promoted and special lighting applications for beauty market and for medical market Pioneer promoted. By building up a firm position in the flexible OLED lighting, the jointly invested company will aim to achieve revenue of 25 billion yen on mid- to long-term basis.

Comments

Post a Comment

Popular posts from this blog

1,639,265 Street Lights Replaced with Led Bulbs

Image
P rime Minister Narendra Modi had launched the Street Lighting National Programme (SLNP) on 5th January, 2015 to attain significant savings by promoting LED based lighting. The scheme is being implemented by Energy Efficiency Services Limited (EESL), a joint venture company of four Public Sector Undertakings under the Ministry of Power. There is no element of Government of India subsidy in the scheme. EESL has evolved a service model to enable municipalities to replace conventional lights with LEDs at no upfront cost. The resultant reduction in Energy and maintenance cost of the municipality is used to repay EESL over a period of time. The target is to install 3.5 crore LED streets.   Lights in all the Urban Local Bodies (ULBs) of the country by March, 2019, which will result in avoided capacity generation of 1500 MW and save 9 billion KWh per year.   ecently, Piyush Goyal, Minister of State (IC) for Power, Coal, New & Renewable Energy and ...
Read more

ERCO Rolls Out New Compar Range Of Recessed Luminaires

Image
 E RCO has developed the new Compar range of recessed luminaires with a striking linear design that delivers light distributions previously restricted to round or square ceiling apertures. As a result, Compar adds to the design options in typical recessed lighting applications such as foyers, circulation areas or conference rooms in administration buildings, restaurants or galleries whilst also meeting every ergonomic requirement for perfectly efficient lighting solutions in the office environment.   The Compar range of recessed lighting tools is able to implement differentiated lighting concepts in projects requiring a variety of functions and uses. For example, in a large office building areas such as the prestigious foyer, the lift lobby and corridors or the company restaurant need different lighting to the auditorium, conference rooms or shared offices. With its sleek linear aesthetic and integrated technology, Compar offers a wide range of lumen packages with variab...
Read more