Novaled is a German start-up (a spin-off from Fraunhofer and Technical University of Dresden) established in 2001 that is developing and marketing transport, blocking, doping, interlayer and outcoupling materials that can be used for OLED displays and lighting panels.
Novaled claims that using their technology and materials can boost the overall display product power efficiency by up to 40%, with a lifetime increase up to 500%. Their outcoupling solutions can further enhance power efficiency by up to 80%. Besides OLED materials, Novaled also provides tailor-made OLED devices on glass or metal substrates.
The latest Novaled news:
DSCC posted an interesting post with its latest views and forecasts on the OLED material market. The company expects AMOLED stack material sales to grow at a 18% CAGR in the next five years, from $294 million in 2019 to $2.46 billion in 2024. Compared to its previous estimate, DSCC sees higher sales as demand for OLED TVs and OLEDs in the IT market (tablets and notebooks) is increasing.
DSCC also posted an analysis of LGD's new evo OLED material stack. Compared to LGD's "standard" WOLED stack, the evo adds an emitting green layer to improve the brightness by 20%. This of course adds an extra material cost to the panel price.
DSCC updated its OLED material market estimates, saying that AMOLED stack material sales will grow from $951 million in 2019 to $2.69 billion in 2024 - a CAGR of 23%. These new estimates take into account DSCC's reduced input area forecast due to the slowdown in demand cased by the Covid-19 pandemic.
DSCC says that incremental improvements in material utilization and price reductions, material costs per square meters will decline in the future. The unyielded cost of producing a square meter of a WOLED TV panel will decline from $95.21 in 2019 to $56.11 in 2024.
DSCC analysts say that OLED stack materials will grow from $1.04 billion in 2018 to over $2 billion in 2022 - a CAGR of 17%.
DSCC says that up until now it greatly underestimated Novaled's revenues, and it now says that Novaled generated revenues of $97 million in 2017 and $122 million in 2018. Novaled is the third largest OLED material company by revenue - following Universal Display and Merck. The three companies combined will hold a market share of 56% in 2023.
In January 2017 Novaled started constructing its new €30 million fab and office headquarters buildings in Dresden, a renovated old mill turned into a prestigious office building and state-of-the-art OLED R&D laboratories which increase the company's R&D OLED deposition capacity by 40%.
Novaled now officially inaugurated its new headquarters, and released the nice video above showing the new offices, facilities and laboratories - including the 110 meter long R&D center with fully equipped chemical laboratories and ISO5 and ISO7 cleanrooms. We wish all our good friends at Novaled the best of luck in the new location!
DSCC lowered its OLED material revenue forecasts, saying that the market is expected to grow at a 25% CAGR from $773 million in 2017 to $2.35 billion in 2022 (down from its previous estimates of $2.56 billion in 2022). The fastest growing (51% CAGR) OLED application will be OLED lighting, which will grow from $12 million in 2017 to $95 million in 2022.
DSCC also published the material stack for Samsung's latest OLEDs (used in the Galaxy S9), which you can see above.
In January 2017 Novaled started constructing its new fab and office buildings in Dresden, that will comprise of a renovated old mill that will be turned into a prestigious office building and a new 110-meter long R&D plant with state-of-the-art research areas, laboratories and clean rooms. Novaled announced today that it has ordered OLED deposition systems from Sunic System for about $3 million.
The new deposition system will increase Novaled's OLED production capacity by 40% and will offer more precise repeatability in processing. This is of course an R&D machine that is used to test Novaled's organic materials.
Novaled celebrates its new premises corner stone foundation, OLED-Info pays a visit to its current one
In January 2017 Novaled started constructing its new fab and office buildings in Dresden, that will comprise of a renovated old mill that will be turned into a prestigious office building and a new 110-meter long R&D plant with state-of-the-art research areas, laboratories and clean rooms. Today Novaled celebrates the corner stone foundation for the new company premises.
Samsung's decision to invest over €25 in the property purchase and construction shows the Korean OLED developer commitment to Novaled. The site's total space will be 10,200 m² - the old mill, which is under monument protection, will be renovated and transformed into a prestigious office building. and a 110 meter long new R&D plant will be built - and it will include research area, clean rooms and new laboratories.
Digitimes Researcher states that currently Samsung Display and LG Display both rely on imported organic materials used in OLED production, but the two Korean makers aim to decrease this reliance. Both companies are buying stakes in companies outside of Korea (for example Samsung's Novaled acquisition and Sun Fine Chem investment) in order to obtain patents and move production in house, mostly at LG Chem and Samsung SDI.
The polyimide used as a substrate in flexible OLEDs, for example, is produced by Japanese Ube Industries - and used by both LG and samsung. Several organic materials used in the OLED stack are produced by Universal Display (PHOLED emitters), Idemitsu Kosan, Dow Chemical and Merck. Both companies use glass mostly from Corning and high-temperature thin film for the back-end processing from 3M.
Novaled has started constructing its new €20 million fab and office buildings. The new facility will be located in the north of Dresden, and will comprise of a renovated old mill that will be turned into a prestigious office building and a new 110-meter long R&D plant with state-of-the-art research areas, laboratories and clean rooms.
Novaled says it is the world's only supplier of organic dopants for mass produced OLED displays - and also in OLED lighting panels. Novaled's materials are also used in OPV devices.
Blue TADF developer Cynora announced that Dr. Andreas Haldi was appointed as its Chief Marketing Officer. With his strong technical and business experience, Andreas Haldi will reinforce Cynora in the forthcoming commercialization of its high performance blue OLED materials.
Cynora, preparing the commercialization of its emitting materials for OLEDs, is hiring Andreas Haldi to further enhance its already good relationships with the major display makers and to now prepare with them the implementation of its materials in their products.