According to a report from Korea, following several years if R&D, Poongwon Precision has finally achieved high enough FMM quality and production yields to receive an approval from Samsung Display.
The company is now gearing up to start mass producing 6-Gen FMM sheets in Q3 2024, and expects to receive the first orders from Samsung Display in September. The company is also in talks with BOE and CSoT for the supply of FMM (although it seems that it will focus on SDC until at least 2027).
Samsung Display has been using FMM sheets produced by Japan's Dai Nippon Printing, which is the current leader in FMM technology. It is estimated that Samsung's total FMM orders from DNP in 2023 were around $350 million, this is a critical part of the the OLED production process and one that Samsung aimed to do locally in Korea for many years as tensions between Japan and Korea sometimes rise.
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Thanks Joe for letting us know, that as a typo, fixed.
"and expects to receive the first orders from Samsung Display in 2019."