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Konica Minolta, Pioneer Form 50-50 Joint Venture in OLED Lighting Business

Konica Minolta and Pioneer formed a 50-50 joint venture to pursue business opportunities in OLED lighting, the companies said in a Thursday announcement. The new JV, which will begin operations July 1 and have 80 employees at the start, “will…

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take charge of business and product planning, product development, production technology development and marketing functions of both companies’ OLED lighting business,” they said.