Sumitomo will Raise OLED Capacity

Conducting inspections at Sumitomo’s plant in South Korea. Photo: Nikkei.Sumitomo Chemical is to invest up to ¥20 billion ($165.9 million), to raise OLED touch panel production capacity at its Pyeongtaek factory by 40%. The new line will be able to produce touch panels on both glass and plastic substrates. The news was reported by Japan’s Nikkei.