Kateeva says it takes a commanding lead in the OLED TFE market

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 that 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.

Posted: Sep 22,2016 by Ron Mertens