Japan-based Konica Minolta exhibited flexible OLED lighting panels based on a roll-to-roll process at Lighting Japan 2016 in Tokyo during January 13-15, showing that it is a global leader in OLED lighting, according to Digitimes Research.
Konica Minolta has set up a factory specifically for producing flexible OLED lighting panels with investment of JPY10.0 billion (US$83.3 million), Digitimes Research indicated. The factory has a monthly production capacity of one million 50mm by 30mm flexible OLED panels, and Konica Minolta aims at annual revenues of JPY50 billion in 2020.
Konica Minolta has chosen resin-based substrates instead of metal or glass to make flexible OLED lighting panels. As LED lighting has advantages over OLED lighting in terms of production costs, luminous efficiency and service life, Konica Minolta-produced OLED lighting panels are designed to target special purposes.
Konica Minolta is expected to reach a global market share of 16.7% for OLED lighting in 2020, followed by LG Display with 20%.
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