Toshiba, Matsushita to spend $140 mln on OLED output

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TOKYO, July 22 (Reuters) - Japan’s Toshiba Corp (6502.T: Quote, Profile, Research) and Matsushita Electric Industrial Co Ltd (6752.T: Quote, Profile, Research) said on Tuesday they will mass produce next-generation organic displays, spending roughly $140 million to cash in on the growing market for the ultra-thin screens.

Link: http://uk.reuters.com/article/governmentFilingsNews/idUKT27480320080722

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