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OLED growth spurs investments among raw material producers

OLED growth spurs investments among raw material producers

By BizLED Bureau

Feb 14, 2017: With the demand for OLED displays increasing significantly, stakeholders of the OLED supply chain are making investments in their own areas. While the OLED display manufacturers are aggressively expanding their maufacturing facilities, the suppliers of display raw materials are also making investments of their own.

While LG Display will invest $4.3 billion to increase OLED display production, Samsung Display will spend $4 billion on OLED display plants.

On the other hand, Universal Display is likely to spend $15 million to double the production capacity for phosphorescent OLED emitters at PPG Industries’ plant in Barberton, Ohio. The expansion is expected to be completed in the third quarter of 2017.

Also Read: LG Display to develop world’s first 10th-gen OLED assembly line

PPG is the exclusive manufacturer for Universal Display of UniversalPHOLED emitter materials, which makes energy-efficient display of personal electronics and solid-state lighting applications.

Samsung-owned Novaled is also investing $21 million in constructing a R&D facility at its headquarters in Germany. Novaled is currently the only supplier of organic dopants for OLED display mass production. Novaled claims that its materials—organic dopants—are used by most of the world’s OLED display manufacturers.

Also Read: Apple to adopt advanced 3D touch technology for OLED iPhone

The doping technology is a quasi-industry standard, and the know-how and materials are found in most smartphones, tablets and other OLED displays, as well as in OLED lighting such as Audi TT taillights and organic solar cells.

Idemitsu Kosan has announced plans to establish an OLED materials development company in Switzerland, to enhance its development structure in preparation for future growth in demand for OLED materials. Idemitsu Kosan is also establishing an OLED materials R&D center in Switzerland. The company will collaborate with BASF, and will appoint researchers BASF. Idemitsu is a technology leader in blue emitters.

BASF in Switzerland has acquired Rolic, a display materials supplier, and a technology leader in photoalignment materials and films used in making OLED displays.

OLED displays market is growing rapidly due to smartphones and TVs’ increasing demand. Production of active matrix OLED displays, that are used in smartphones, is expected to surpass 10 million m2 by 2019, that is, four times than what it was in 2015.

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