Sep 22, 2016

OLED ink-jet developer Kateeva started to offer ink-jet based encapsulation systems in 2014, used to protect flexible OLED panels. Kateeva's encapsulation performance is excellent and it was already reported tha/t these systems are used in flexible OLED mass production - and today Kateeva announced that it takes a "commanding lead" in the OLED thin-film encapsulation (TEF) market.

Kateeva further says that it secured the "vast majority" of available TFE orders, and its customers include the world's largest flat-panel display makers in three key Asia regions - which probably includes Korea and China - and the third region is either Taiwan or Japan.

Kateeva recently raised $88 million from China-based investors (BOE Display, TCL Capital and others) - which brings the total funds raised by Kateeva to over $200 million. The company is now gearing up to provide OLED TV ink-jet production systems to display makers. A couple of months ago we posted an interesting interview with Kateeva's Chief Product Officer Eli Vronsky - with an overview of the company’s product strategy and an updates on the technology and business.