Japan-based OLED material maker Idemitsu Kosan announced that it has decided to expand the OLED material production capacity at it's Korean subsidiary Idemitsu Electronic Materials Korea. Idemitsu said that decision is a response to the expected increase in demand for OLED materials due to increased penetration of OLED displays.
The Korean factory currently has a capacity of 5 tons per year, and this will be increased to 8 ton per year. Combined with its factory in Japan, Idemitsu total capacity will grow to 10 ton per year. The new capacity is expected to be online by the end of the first half of FY2017 (which means by September 2017).
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