World-Class OLED Material and Technology
Novaled GmbH, a leader in the organic light-emitting diode (OLED) field, specializes in high efficiency, long-lifetime OLED structures. With expertise in synthetic and analytical chemistry, we offer complete solutions for the organic electronic markets, commercializing Novaled's Doping technology and materials.
Novaled has developed long-term partnerships with major OLED players worldwide. Our strong IP position in OLED technology is based on more than 1300 patents granted or pending.
In operation since March 2003, Novaled is headquartered in Dresden, Germany with branch offices in Asia.
The latest Novaled news:
The following is a sponsored post by Novaled
Novaled is a leading provider of proprietary organic materials and complementary innovative technologies for superior OLEDs in display and lighting and for high performance Organic Solar Cells (OSC). Being active in the field of organic electronics, Novaled's skill set is quite unique, combining expertise in physics, chemistry and engineering support. Headquartered in Dresden/Germany, Novaled has also some business and technical presence in Asia. In 2013, Novaled has become part of the Samsung Group.
Milestones in the history of Novaled
Novaled is a former start-up, founded in 2001 as a spin-off from the Technical University of Dresden and the Fraunhofer Institute. After a phase of extensive research and development, from 2006, our materials could be tested by display manufacturers, and successfully made their way into Samsung's mass production right from the start in 2010. Initially, Samsung was the only producer of OLEDs - organic light-emitting diodes.
DSCC updated its AMOLED material market forecast, saying that the market will reach $1.4 billion in 2021 (up 32% from 2020), and grow at a 16% CAGR from 2019 ($927 million) to 2025, to reach $2.18 billion by 2025.
DSCC takes a look into the material cost for LG Display's WOLED TV panels. LGD will likely manage to implement incremental improvements in material utilization and price, which will enable the company to almost halve the material cost of its TV panels- from $88.14 per sqm in 2019 to $47.19 per sqm by 2025.
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.