Sanyo to Distribute Plextronics' OLED Inks in Japan
PITTSBURGH and KYOTO, Japan, May 18, 2011 — Plextronics Inc. announced that it has signed an OLED lighting distribution agreement with Sanyo Chemical Industries Ltd. Under terms of the agreement, Sanyo will distribute select Plexcore OC inks developed specifically for use in OLED lighting applications in the Japanese market.
Jim Dietz, vice president of business development for Plextronics, indicated that the relationship with Sanyo has been a long-standing and important one for both companies and added, “This agreement will give us the ability to work much more closely with some of the top OLED lighting developers in the world to drive the adoption and commercialization of OLED technology.”
“From that point of view, new conductive polymer technology introduced by Plextronics was very attractive to us,” said Fusayoshi Masuda, Sanyo Chemical’s representative director and executive vice president. “We are sure that, based upon our close relationship with our customers, this distribution agreement will be a good starting point for developing such new business opportunities.”
For more information, visit: www.sanyo-chemical.co.jp
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