A Joint Venture agreement signed by Aixtron SE, Germany and Iruja Co. Ltd., South Korea covers the investment in Apeva, Aixtron's subsidiary for OLED deposition technologies. Closing of the Joint Venture Agreement is expected during 2018.
A major Asian OLED display maker is currently evaluating OVPD (Organic Vapor Phase Deposition) based technology together with APEVA: A Gen1-size prototype has been operating at the customer's facility for well over a year. A larger-scale Gen2-size prototype is currently being installed in the customer facility. In the event of the successful qualification of the equipment, a customer order for a first production size OVPD deposition chamber is expected to be received in 2019.
Source: Evertiq Read full article »