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ROCHESTER, N.Y.--(BUSINESS WIRE)--Jan. 30, 2006--Having pioneered production of the world's first full-color, active matrix organic light emitting diode (OLED) displays, Eastman Kodak Company today announced that it will broaden its participation in the OLED industry in order to further promote the commercialization of OLED technology.
To facilitate the company's move, Kodak has granted full control of SK Display Corporation to Sanyo Electric Company. Kodak and Sanyo formed the SK Display joint venture in 2001 to manufacture OLED displays. Kodak will continue as exclusive licensing agent on behalf of Kodak and Sanyo for certain OLED intellectual property.
Kodak's OLED strategy initially focused on small displays for portable applications, leading to the word's first product to contain a full color active matrix OLED panel, the KODAK EASYSHARE LS633 zoom digital camera. The company now plans to broaden its participation in the OLED industry by working with a variety of partners to develop innovative OLED products for a wide range of markets.
Kodak's enhanced participation model will include display and materials R&D; collaboration with manufacturers to develop OLED infrastructure, including panel design and production; and pursuing additional licensing opportunities for both Active Matrix and Passive Matrix OLED display technology. To date, more than 20 companies worldwide have licensed Kodak's advanced OLED technology.
"Our participation in SK Display has been valuable and we now have a good understanding of the design and manufacturing process of OLED displays. This expertise is enabling us to work closely with our licensees to optimize their panel designs, systems integration and time to market," said Mary Jane Hellyar, president of Kodak's display business and a company senior vice president. "We continue to see excellent opportunities and market growth for OLED technology and we are committed to expanding our participation model in order to further drive value from our leading OLED patent portfolio and promote the growth of the OLED display industry."