Ignis raised $14 million in a new financing round, expects True Vision Displays on the market in 2016

IGNIS Innovation has secured $14 million in a new financing round. Ignis will use the new funds to accelerate product development especially the recently announced True Vision Display technology. True Vision Displays use the company's compensation technologies which extend OLED display lifetime and efficiency, and also enable HDR - even on mobile displays.

CSOT 5.5-inch MaxLife AMOLED prototypeCSOT 5.5-inch MaxLife AMOLED prototype

Ignis further said that is working with partners to develop True Vision Display OLEDs for the wearable, smartphone, automotive, tablet and TV markets. Ignis expects the first products to launch next year.

Posted: May 26,2015 by Ron Mertens