CYNORA, a leader in highly efficient blue emitter materials for OLEDs, and Juhua, the Chinese open platform company aiming at the industrialization of printing OLED technology to produce OLED TVs, have signed a MoU (Memorandum of Understanding) to cooperate on OLED TV development. CYNORA is joining the technology platform with Juhua which is held by two China Panel Giants CSOT and Tianma.
The OLED display market is already established and is growing fast with a CAGR 41%, as the LCD industry is moving towards OLED. This new technology has several advantages versus LCD displays for end-users. The OLED displays show a superior picture quality with extremely high contrast ratio and brilliant colors. They can also be made flexible and bendable and therefore allow new shapes of applications.
The Chinese industry is a major player in the LCD technology and is now preparing its move to OLED for portable devices and TVs screens. Industry experts expect that China will be the second largest producer of OLED displays after Korea, by 2021 with a total market share of 24%.
CSOT (a TCL holding company) and Tianma are co-establishing a cooperation platform (Juhua) with allied universities and R&D institutes to accelerate the development of the key printing technology know-how for future OLED TVs. Juhua’s open platform technology development is also associated to suppliers of materials and deposition tools as well.
CYNORA will contribute to this platform with its know-how and materials for the development of OLED displays with high performance and cost competitiveness. “TCL is fully dedicated to solution processable OLED technology to further expand with its business” says Dr. Xiaolin Yan, Chairman of Juhua Board Meeting and CTO of TCL “We are closely associating our key suppliers on our technical development for a faster launch of our OLED TVs. A highly efficient blue emitting material is crucial to offer products with the lowest energy consumption. Working with CYNORA is very important to us.”
“A deep cooperation between material providers and display makers is key for a fast progress in OLED” says Gildas Sorin, CYNORA CEO, “Our full organic TADF materials without heavy metals, targeting vacuum deposition first, can be used for ink jet printing easily, as well. CYNORA is very delighted to contribute to the success of the Juhua open platform.”