Idemitsu Kosan announces that it will build a facility for OLED material manufacturing in Chengdu, China in order to accommodate the growing demand for OLED materials in China and to enhance technical support to Chinese customers.
Idemitsu Kosan aims to expand its OLED production in China targeting the increasing Chinese market for OLED applications. The company will construct its third OLED material plant in China after its factory in Japan and Korea. The construction is expected to be completed in November 2019 and the commercial production is scheduled to begin in the first quarter of 2020.
(Image: Idemitsu Kosan)
Last year, Idemitsu Kosan has formed a strategic alliance with Chinese penal producer BOE for developing OLED materials and displays last year. Through the alliance, Idemitsu can produce and supply the OLED materials according to the requirement of BOE. The Japanese company has partnered with several other display producers and material developers such as Merck for similar proposes.
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