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    7912   JP3493800001

DAI NIPPON PRINTING CO., LTD.

(7912)
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Delayed Japan Exchange  -  02:00 2022-07-04 am EDT
2872.00 JPY   -0.07%
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OTI Lumionics and Dai Nippon Printing Collaborate on Cleaning Solution for Cathode Patterning Material for OLED Displays

05/09/2022 | 11:00am EDT

TORONTO, May 09, 2022 (GLOBE NEWSWIRE) -- OTI Lumionics, a leader in the development of production-ready advanced materials for consumer electronics, and Dai Nippon Printing Co., Ltd. (DNP, TOKYO:7912), a leading supplier of the Evaporation masks (EVM) for patterning OLED displays, have collaborated to optimize the use of EVM for the deposition of OTI’s CPM™ material, creating a more effective manufacturing solution for next-generation OLED products.

OTI’s CPM™ materials are applied by customers to solve some of the most challenging problems in manufacturing next-generation displays. Applications of CPM™ have enabled the integration of under-display cameras and sensors with display panels and helped customers build bigger and better transparent displays, among other display innovations. For these new display applications, EVM requires high quality and high precision in order to accurately deposit CPMTM materials onto the substrate. CPMTM deposition using EVM made with DNP's proprietary microfabrication technology allows panel makers to achieve fine metal patterning with the existing OLED mass-production equipment and process.

Collaborations between DNP and OTI have targeted further optimizations regarding CPM™ deposition with EVM, opening additional process options for consumer electronics manufacturers that are developing future OLED products enabled by OTI’s CPM™.

As a result of this collaboration, DNP has developed a cleaning process for CPM™. This provides customers with a new option for a potentially faster and more efficient EVM cleaning protocol at CPM™ deposition cycles during OLED panel production processes. The solutions for the use of EVM with CPM™ will be available from DNP in the near future.

“Our technical development with DNP allows us to better support the consumer electronics manufacturers we’re working with to develop next-generation OLED products with CPM™,” said Michael G. Helander, President and Chief Executive Officer of OTI Lumionics. “By being able to use existing equipment with new, advanced solutions, our customers can focus on the future of consumer electronics – whether it be under-display cameras, foldable phones or rollable TVs. This collaboration is bringing what we once thought to be futuristic to become a reality.”

“We are very pleased that DNP could establish the EVM cleaning technology together with OTI’s CPMTM materials which bring new design innovation to panel makers. DNP will continue to provide new solutions to panel makers,” said Minoru Nakanishi, General Manager of Fine Optronics Division of Dai Nippon Printing Co., Ltd.

For more information on OTI Lumionics, visit www.otilumionics.com.
For more information on DNP, visit www.dnp.co.jp/eng.

About OTI Lumionics
OTI works with the largest mobile device and display manufacturers in the world to develop advanced materials for best-in-class consumer electronics. It develops better production-ready advanced materials by design, using quantum simulations, machine learning and real-world in-house testing in pilot production. OTI is the first to develop computing methods for industrial relevant materials design and apply them to commercial problems. OTI is currently delivering key enabling materials for OLED displays developed using its platform to leading display manufacturers for use in next-generation consumer electronics and automotive. For more information, visit otilumionics.com.

About DNP
Since 1876, DNP is the worldwide leader in printing solutions and connects individuals and society, and provides new value. As a reliable partner DNP capitalizes on core competencies in microfabrication and precision coating technology to provide products for the display, electronic device and optical film markets, holding global top market share in Optical Film for displays and Photomask for semiconductors.

Media Contact
Elsa Anschuetz
Uproar PR for OTI Lumionics
eanshuetz@uproarpr.com
321-236-0102


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Source: OTI Lumionics

2022 GlobeNewswire, Inc., source Press Releases

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Sales 2022 1 360 B 10 024 M 10 024 M
Net income 2022 68 333 M 504 M 504 M
Net Debt 2022 - - -
P/E ratio 2022 11,5x
Yield 2022 2,23%
Capitalization 773 B 5 695 M 5 695 M
Capi. / Sales 2022 0,57x
EV / Sales 2023 0,56x
Nbr of Employees 37 062
Free-Float 74,8%
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