Pioneer and Konica Minolta officially establish their OLED lighting JV
In March 2017 Konica Minolta and Pioneer announced that the two companies are set to merge their OLED business unit, and on June 1st the new 50:50 joint venture, called Konica Minolta Pioneer OLED, was officially established.
Konica Minolta says that the new company will take charge of all business and product planning, product development, production technology development and marketing functions of both companies' OLED lighting business to drive its initiatives.