UK's SmartKem, a developer of high-performance organic backplanes for flexible displays, has signed agreements with two "leading Asian display makers" to transfer SmartKem's OTFT tru-FLEX technology into the production lines of the display makers, once process feasibility has been established.

SmartKem will work closely with its two partners to accelerate technology transfer processes to ensure 100% compatibility and full integration.

Last year SmartKem completed a €3 million series A funding round from BASF Venture Capital, Octopus Investments, Entrepreneurs Fund and Finance Wales. In November 2013, SmartKem announced that they signed a joint-development agreement with a major Asian display OEM, it's not clear if this company is one of the two new partners.

Tags: