Japan's leading printer and photocopier maker Konica Minolta Inc. announced at the company will be acquiring Ambry Genetic Corp. - a US diagnostic company, in a deal valued at up to USD 1 billion. This is one of the largest deals for Konica Minolta and the company will jointly carry out the acquisition with the funds provided by Innovation Network Corp of Japan. Konica Minolta, which has a market value of around $4 billion, will account for 60 percent of the investment and the Innovation Network Corp of Japan (INCJ) will provide for the remaining 40 percent. Both the companies intend to enter into the precision medicine segment which is expected to have a great potential for the treatment of cancer. KMI has its own diagnostic technique, utilising a High Sensitive Tissue Testing (HSTT) technology, while Ambry excels in genetic tests for breast, colon and cancers, heart and respiratory diseases, etc. Further, the company will combine its HSTT technology and Ambry's genetic diagnostic technology to offer high-standard cancer diagnostic services and aid the development of new reagents which will help produce new medicines. Talking about the acquisition, Shoei Yamana - Chief Executive Officer of Konica Minolta Inc., said, “Together with Ambry, we will have the most comprehensive set of diagnostic technologies for mapping an individual's genetic and biochemical makeup." The companies expect to complete the necessary procedure for the deal by the end of October, 2017 and post which, Ambry will become a subsidiary of KMI while Ambry's business will be continued in the US.
Sumitomo Chemical Co. has developed a new technology which can reduce production costs of large-format OLED panels to a great extent. The company has developed a new chemical pigment material for manufacturing OLED panels that targets to cut the production cost to half of the current deposition method. The company plans to enter quantity production by 2019 and sell to panel manufacturers in and outside Japan, expecting reduction of prices for OLED TVs to expand the market. The current deposition method requires expensive equipment and lots of the chemical pigment materials are wasted. The light-emitting elements of red, green and blue are supplied by Idemitsu Kosan Co. of Japan, Merck from Germany, and so on. The new printing method can reduce production costs because it requires less manufacturing processes than the deposition method but has a drawback of difficulty of coating light-emitting pigment evenly on the panel plate, which becomes more difficult when the panel sizes get larger. The new pigment that Sumitomo Chemical has developed is expected to reduce colouring of the light-emitting pigments on to the panel. Sumitomo Chemical said it has developed new manufacturing equipment for the printing method. To develop the new pigments, the company has cooperated with foreign panel makers and JOLED, which was established by integrating the OLED business division of Sony and Panasonic in 2015. JOLED plans to develop 21.6-inch display for medical use by using the new OELD panel produced in the printing method and market this autumn.
Sony launches its new camera, the a9 in the Indian market. The a9 features a 24.2 MP Exmor RS image sensor, BIONZ X processor and front end LSI. The new camera offers high-speed, blackoutfree continuous shooting at up to 20fps, 60 AF/AE tracking calculations per second and a maximum shutter speed of up to 1/32,000 second. It features 35mm full-frame stacked Exmor RS CMOS sensor which enables data speed processing at up to 20x faster than previous Sony full-frame mirrorless cameras. The sensitivity ranges from ISO 100-51200, expandable to ISO 50-204800. It is equipped with a 5-axis in-body image stabilization system with a 5.0 step shutter speed advantage. The a9 offers an Ethernet port (wired LAN terminal), that allows the user to conveniently transfer files to a specified FTP server at high speeds. It is powered by Sony battery (model NP-FZ100) with 2.2x the capacity of previous Sony full-frame models and support of 4K (3840x2160p) video recording. Additionally, the camera can record Full HD at 120fps at up to 100Mbps, which allows footage to be reviewed and eventually edited into 4x or 5x slow motion video files in Full HD resolution with AF tracking. Dimensions of the new a9 are 126.9 x 95.6 x 63.0mm and it weighs about 586g (body only) The a9 is available at all Sony centres and retails outlets for INR 329,990 (body only).