Beneq announced that a leading Asian customer has ordered a large-area batch atomic layer deposition (ALD) coating system. This system will be used to develop flexible OLED products. Beneq's batch ALD systems offer a unique combination of excellent thin-film quality, high-throughput and large-area processing capabilities, enabling scale-up of demanding thin-film processes.
Asian OLED makers are getting ready to start producing flexible OLEDs. Last month we heard that Aixtron delivered a production-scale PRODOS Gen-3.5 Polymer Vapor Phase Deposition (PVPD) system to a "major prestigious Asian customer" (probably Samsung or LG) that plans to use it to produce novel flexible electronic devices. We know that Samsung plans to release their first plastic-based flexible OLED panels by the end of 2012 while LG plans to start mass production of flexible OLEDs in the second half of 2013.
In April 2012 Beneq announced that RusNano, the Russian investment fund, has invested €25 million in the company. Beneq will open a new activity center in Russia.