Konica Minolta announced that it is starting to construct an OLED lighting fab at Konica Minolta Kofu Site (Chuo-shi, Yamanashi Prefecture). This fab will mass produce flexible OLED lighting panels (on plastic substrates). The construction will end in the summer of 2014 and mass production will commence in the fall of 2014.
Konica Minolta says that it reached the conclusion that light, bendable and durable OLED lighting panels on plastic substrates will "deliver new values to customers not only in general lighting and architecture sectors but also in electric appliances and automobile sector". Konica will invest ¥10 billion (almost $100 million) in the new fab.