Toshiba and Matsushita will jointly manufacture electroluminescent displays as they look to match Korean manufacturers, according to a report in a Japanese publication.
Under the settlement, the companies are cross-licensing each others' patents, and Matsushita is paying royalties, Eastman Kodak says.
World's biggest producer of plasma TVs is planning to sell the world's largest plasma TV by early 2007.
Matsushita CW-7502B CD-R firmware and Toast updates coming
The company will abandon the Matsushita name and just go with its street name.
Apple's success has been particularly noteworthy in Japan, a market where national champions once seemed unassailable.
Get your head into OLED Fred