Towards the end of 2014 it was reported that Kaneka developed a new OLED panel that achieves a lifetime of 50,000 hours, and the company started producing such panels shortly after. It turns out that Kaneka demonstrated the new panels at the Euroluce 2015 tradeshow in Europe.
Kaneka had several panels on display - in three different sizes (80x80 mm, 100x100 mm and 143x23 mm) and five different colors (white, amber, blue and green). All panels are 1.05 mm thick and feature 50,000 hours of lifetime.
According to OLEDNet, Kaneka (unlike other Japanese OLED Makers) wants to be present in the European and North American lighting markets with their OLED solutions. The company can currently produce 20,000 OLED panels in a year, but aim to accelerate OLED lighting development and reach sales of ¥50 billion ($435 million USD) by 2020.