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Konica Minolta, Pioneer set to merge OLED lighting ops

Japanese companies eye expanding automotive applications

Konica Minolta seeks to cultivate its expertise in bendable OLED lighting with Pioneer.

TOKYO -- Konica Minolta and Pioneer are concluding talks to merge their OLED lighting businesses under a 50-50 joint venture as early as spring.

The Japanese companies will spin off their organic light-emitting diode development and sales operations into a new venture that will be an equity-method affiliate for both. The deal may be announced Tuesday at the earliest.

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