Varitronix International Ltd said it plans to enter the organic light-emitting diode (OLED) market as it seeks to buy up to a 29.91 pct stake in Ness Display Holdings Ltd, a developer and marketer of OLED.
Varitronix will be banking on Ness Display's experience in the OLED business to penetrate the market, Chang said.
He noted that Ness Display has achieved significant milestones in OLED technologies, including material, device structures and fabrication processes.
"It will take a new entrant several years to gain such experience," he said. He added that Ness Display has installed a modern mass volume production in Singapore, which will otherwise take nine to to 12 months for Varitronix to establish if it has to start a similiar project today.
Posted: Jun 10,2005 by Ron Mertens
