Mitsubishi and Pioneer Establishes a New Company to Handle OLED Sales in Japan

Mitsubishi and Pioneer have established a new company called MC Pioneer OLED Lighting (MPOL). The registered capital of the new company was one hundred and fifty million yen, and the two companies each contributed 50%. The new company will handle OLED lighting marketing and sales in Japan. MPOL offers Verbatim's Velve color-tunable OLED lighting panels that jointly made by Mitsubishi and Pioneer.

MPOL has a nice website (in Japanese, though) that shows nice photos of the latest Velve installations such as the Issey Miyake store at Tokyo's JP Tower and the Kaiteki Cafe in Tokyo.

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