Kodak, Sanyo to close OLED venture

Kodak and Sanyo Electric will close their OLED (organic light emitting diode) display manufacturing joint venture in Japan, the two companies said Tuesday.

Eastman Kodak and Sanyo Electric will close their OLED (organic light emitting diode) display manufacturing joint venture in Japan, the two companies said Tuesday.

SK Display was established in Japan in 2001 on the back of a joint research and development project that began in 1999. Sanyo owns 66 percent of the company and Kodak owns the remaining 34 percent. The venture began manufacturing OLED displays in 2003 but has not managed to become a major player in the market.

Under a deal worked out between the two companies, Sanyo will first buy Kodak's stake in the venture then shut it down. The price Sanyo will pay for the stake has yet to be worked out, a spokesman said.

OLED displays are an emerging technology. The OLED pixels feature an organic material that emits its own light so no backlight is needed. That means the display panels consume less power and can be made thinner than competing LCD (liquid crystal display) screens. OLEDs are also suitable for moving images and offer good color reproduction.

Small commercial OLED displays produced by companies including SK Display have already found their way into devices such as cell phones and digital still cameras. Manufacturers are still researching technology that will enable the production of larger screens and some companies are talking about the possibility of OLED-based televisions.

SK Display has a small fraction of the global market for OLED displays, according to figures from NPD Group's DisplaySearch.

During the third quarter of 2005, global OLED shipments totaled 16.7 million, a rise of 144 percent against the same period a year earlier, according to the market research company. However, total shipments of active-matrix OLEDs, which is the type produced by SK Display, Sony and AU Optronics, totaled just 50,000 units, DisplaySearch said.

In revenue terms, the market leader is Samsung SDI, which shipped US$37.1 million worth of OLEDs during the quarter, according to DisplaySearch estimates. Samsung SDI was followed by RiTdisplay with US$26.8 million, Pioneer with US$17.9 million, Univision Technology with US$15 million and TDK with US$7.6 million. The entire OLED market was worth US$130.9 million in the quarter, said DisplaySearch.

The move comes as part of Sanyo's overall corporate restructuring plan, which is pushing the company to focus on core businesses and cut others.

On Tuesday, Sanyo announced quarterly earnings for the October to December 2005 period. It said net sales were YEN 611.5 billion (US$5.2 billion as of Dec. 31, the last day of the period being reported), down 1.5 percent on the same period last year, and net income was a profit of YEN 6.2 billion versus a loss of YEN 17.6 billion a year earlier.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Martyn Williams

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Matthew Stivala

HP OfficeJet 250 Mobile Printer

The HP OfficeJet 250 Mobile Printer is a great device that fits perfectly into my fast paced and mobile lifestyle. My first impression of the printer itself was how incredibly compact and sleek the device was.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?