Sanyo Bails Out Of OLED Business
Feb 27, 2006, 5:44 PM by (staff)
Sanyo announced it will dissolve its OLED joint venture with Kodak. The two companies partnered to produce organic electroluminescent displays in 1999, but the venture was not successful for long. Sales for last financial year were near zero. Kodak will continue to manufacture and license the technology, which analysts predict could become successful with the right partners. Sanyo has aggressively been slimming down its operations, recently spinning off its CDMA handset business into a joint venture with Nokia as well. Sanyo is not the only Japanese giant dissolving OLED ventures, Pioneer also exited the market recently.
Sprint Expands Retail Deal with Dixons Carphone to 500 Stores
Sprint today announced a joint venture between it and Dixons Carphone to open 500 Sprint stores around the U.S. The joint venture follows a pilot program the two companies launched last year that saw them test Dixons' best practices in some 20 Sprint stores.
LG Display to Step Up OLED Production
LG Display plans to invest $396 million to improve its ability to manufacture flexible OLED displays and OLED lighting panels. The company will sink about $272 million into an existing facility in order to boost production capacity, and about $123 million to build a new production line dedicated to OLED lighting.
LG Display to Invest More In OLED Technology
LG Display today said it plans to invest about $8.5 billion in OLED displays for television sets, smartphones, and wearables. The company wants to boost its capabilities with the technology to stay ahead of the adoption curve as OLED becomes more mainstream.
Sprint Takes Control of 100 Stores from Dixons Carphone
Sprint today said it will acquire 100 retail stores that it has operated in partnership with Dixons Carphone since last year. The two companies created a joint venture in February 2016 that relied on retail know-how from Dixons Carphone to sell Sprint goods and services.
Qualcomm and TDK Partner Up On RF Joint Venture
Qualcomm and TDK today said they've agreed to form a joint venture that will see the companies create RF front-end modules for a wide range of devices. The two companies have created a venture called RF360 Holdings, which will be the legal parent of the new firm.
That's too bad...
This Bloomberg article has a good explanation of what's going on with Sanyo.