Mitsubishi Heavy Industries and other joint ventures set up a joint venture company to develop organic EL lighting business
Mitsubishi Heavy Industries, Roma, Letterpress and Mitsui & Co., Ltd., and Professor Yamaguchi, the graduate student of Yamagata University, established the joint venture company 'Lumiotec' to verify the feasibility of the business for the organic EL lighting business. The company will begin manufacturing and sales of sample panels in the spring of 2009, and strive to achieve mass production in three years.
The new company has a registered capital of 700 million yen, a capital reserve of 700 million yen, and a total of 1.4 billion yen. In terms of capital contribution ratio, Mitsubishi Heavy Industries is 51%, Roma is 34%, letterpress printing is 9.9%, Mitsui & Co. is 5%, and urban households (individuals) is 0.1%. The representative director is the permanent deputy director of the Mitsubishi Heavy Industries Machinery and Iron Construction Business Division. Headquartered in Yonezawa, Yamagata Prefecture, it is currently composed of 20 people from various companies.
The key is mass production technology
The duties of each company are: Mitsubishi Heavy Industries is responsible for manufacturing equipment, ROHM is responsible for component development, letterpress printing is responsible for post-process development such as light export technology, Mitsui & Co., Ltd. is responsible for marketing support, and city customers are responsible for technical support. In 2007, Mitsubishi Heavy Industries Co., Ltd. developed a mass-production continuous vacuum evaporation device for organic EL lighting. “The panel technology has been developed to a considerable stage. In the future, mass production technology will become the key. After the verification, the vector production plant will invest and strive to achieve sales of 100 billion yen within three years of mass production”
Editor: China Lighting Network