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Sumitomo Chemical to Launch Large Organic EL Panels in 2009

Tokyo, May 9, 2008 (Jiji Press) - Sumitomo Chemical Co. <4005> said Friday that in 2009, it plans to launch the production and sales of large-screen organic electroluminescence display panels for use in televisions of 40 inches or larger.

President Hiromasa Yonekura said his company is considering forming alliances for the development of such organic panels. EL panels are thinner than liquid display panels and consume less power.

Sumitomo Chemical is developing so-called macromolecule-type organic EL panels. Because these can be produced through an ink-jet printing process, it is possible to lower production costs and make large displays, a company spokesman said.

By Jiji Press, (c) Jiji Press

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