Smartkem, which is seeking to change the world of electronics using its disruptive organic thin-film transistors (OTFTs), announced that it has completed the first sale of its TRUFLEX® semiconductor materials to its joint development partner, Shanghai Chip Foundation Semiconductor Technology Co., Ltd. ("Chip Foundation"), a manufacturer of semiconductor and integrated circuit devices, for use by Chip Foundation in the co-development of a new generation of microLED-based backlight technology for Liquid Crystal Displays.

Smartkem Chairman and CEO, Ian Jenks, comments, "The first sale of our single layer dielectric materials marks a significant development milestone in our path to establish the commercial viability of our advanced materials in both the display industry and within other applications."

Smartkem is supplying its proprietary organic dielectric single layer material, or Redistribution Layer (RDL), to Chip Foundation to combine with its own microLED devices, for the joint development of microLED based device structures. The resulting manufactured chip is expected to have the properties of high brightness coupled with high current efficiency, reducing power losses in driving backlights and improving uniformity of illumination. Additional sales of RDL materials to Chip Foundation are expected to continue throughout 2025.

Dr. Maosheng Hao, Chairman of Chip Foundation, comments, "We are excited to collaborate with Smartkem and integrate their TRUFLEX® materials into our microLED devices. This partnership marks a significant step forward in advancing high-performance backlight solutions for LCDs, combining innovation and efficiency to meet the evolving demands of the display industry."

TrendForce 2024 Micro LED Market Trend and Technology Cost Analysis
Release: 31 May / 30 November 2024
Language: Traditional Chinese / English
Format: PDF
Page: 160-180