Vitex was granted six new patents recently. These new patent grants bring Vitex's owned or controlled patents to a total of 127. This solidifies the company's IP portfolio following its successful reinvention as a licensing and technology development company-a move achieved by leveraging its leadership position in thin-film encapsulation for flexible substrates and organic light emitting diode (OLED) displays.
The recently granted patents are directed at protecting the unique technology Vitex has developed for edge sealing on OLED displays and other electronic devices, as well as for unique tool apparatus needed for the deposition of the proprietary thin-film encapsulation. The six patent wins comprise two each in Europe and China, and one each in the United States and Taiwan.
While the display market continues to be Vitex's primary focus, the company is applying parallel applications to the rapidly emerging thin-film photovoltaic market, which has a strong need for a superior low-cost, thin-film encapsulation.