July 21 (Bloomberg) -- Toshiba Corp. and Matsushita Electric Industrial Co. will become the first Japanese companies to mass produce organic electroluminescent, or OEL, display panels, the Nikkei newspaper reported, without saying where it obtained the information.

Toshiba Matsushita Display Technology Co., 60 percent owned by Toshiba and 40 percent by Matsushita, plans to produce 1 million 2.5 inch (6.3 centimeter) panels per month for use with devices such as mobile phones and car navigation systems beginning in the northern hemisphere's autumn of next year, the report said.

To contact the reporter for this story: Patrick Rial in Tokyo at prial@bloomberg.net.

Last Updated: July 20, 2008 21:21 EDT