MANHASSET, N.Y. Eastman Kodak Co. has relinquished control of its SK Display joint venture with Japan-based Sanyo Electric Co., choosing to broaden its participation in Organic Light Emitting Diode (OLED) displays by working with various partners.
Kodak (Rochester, N.Y.) originally formed the SK Display venture with Sanyo in 2001, to develop active-matrix OLED displays for portable products such as digital cameras. Three years ago, both companies agreed to invest $170 million to establish joint volume production.
How that venture has fared is unclear. SK did develop an OLED display for Kodak’s 3.3-megapixel LS 633 camera a year ago. However, little is known about other OLED products arising from the SK venture.
Kodak said it now plans to develop OLED technology for a wider range of markets by continuing its OLED display and materials R&D, collaborating with manufacturers to develop OLED infrastructure, and seeking additional licensees for its active- and passive-matrix OLED IP.
The company said it has 20 licensees for its OLED technology.