Veeco sold a FAST-ALD flexible OLED encapsulation prototype system to Samsung

In September 2013, Veeco acquired Synos Technology for $185 million. Synos' FAST-ALD encapsulation technology is aimed towards flexible OLED displays. Back then Veeco said that the company's first FAST-ALD pilot production system has already been installed, and they expect a manufacturing ramp to begin in 2014.

Yesterday Veeco reported their financial results for Q4 2013 (which was a challenging year for Veeco). The company said that they "received a purchase order from the world leader in mobile OLED displays for a first-generation FAST-ALD prototype system". The world's leader in mobile OLEDs is certainly Samsung Display (as they currently hold a market share of over 95%).

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Posted: Feb 20,2014 by Ron Mertens