Sumitomo start manufacturing touchscreen panels in Korea

Sumitomo to start manufacturing touchscreen panels in Korea

1:11 PM, 8th June 2011
Sumitomo to start manufacturing touchscreen panels in Korea

TOKYO, JAPAN: Sumitomo Chemical Co Ltd recently started construction of a new manufacturing facility for next-generation touchscreen panels on the site of Dongwoo Fine-Chem Co Ltd, the company’s Korean base of operations for electronic materials. The company plans to invest KRW 250 billion (approximately ¥19 billion) in the construction of this facility. The construction is set to be completed by Q4, 2011, while production will start by Q1, 2012.

 

Touchscreen panels constitute a vital component that determines display functionality in devices such as smart phones and tablet computers, which have come into widespread use in recent years. The touchscreens manufactured at this new facility will be next-generation panels used in organic LED (OLED) display panels.

 

Samsung Mobile display will be the major customer for the company’s touchscreen panels. Sumitomo Chemical is also focusing development efforts on polymer organic LED (PLED) materials, which are expected to find applications in large-screen TVs, and is setting its sights on the future development of large-screen PLED touchscreen panels as it seeks to expand its business further.

© WOC News

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