Tech-On: Canon has decided to acquire Tokki Corp, a manufacturer of OLED display manufacturing equipment, as its subsidiary. Through the alliance with Tokki, Canon looks to greatly accelerate OLED display development.
The company is also holding high hopes for synergy Tokki could bring to Canon Anelva, its subsidiary manufacturing vacuum film forming equipment for semiconductors and flat panel displays.
Tokki has been primarily engaged in the development, manufacturing and sale of OLED display manufacturing equipment and thin-film solar cell manufacturing equipment.
OLED displays use organic, or carbon-containing, compounds that emit light when electricity is applied. Unlike liquid crystal display (LCD) panels, they do not need backlighting, making OLED panels slimmer and more energy-efficient.