As expected, Sony and Panasonic today announced that they have signed an agreement regarding the joint development of next-generation OLED (organic light-emitting diode) panels and modules for TVs and large-sized displays. Both the companies aim to establish mass-production technology during 2013, by integrating their unique technologies to improve the overall efficiency of development. Sony is developing technology that will fabricate screens using sprays, while Panasonic is using inkjet printer technology to make OLED screens and making an investment of 30 billion yen ($374 million) to set up production line for a plant in Japan.
