Philips announced its intention to spin-off its OLED activity. Philips is searching for a buyer for its whole OLED business activity. Following the spin-off, Philips Lighting will focus on LED based connected systems and services. Philips has been one of the leaders in the OLED lighting industry for years, so this is a major announcement and a very interesting one – and only time will tell whether this move will be positive or not for OLED technology. From my contacts at Philips it seems that this is seen as a very positive development for OLEDs… Read more about Philips aims to spin-off its OLED lighting business unit

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Philips aims to spin-off its OLED lighting business unit