Kopin Corporation announced two agreements with two leading global OLED companies as part of its unique fab-less OLED manufacturing strategy for its silicon-based Lightning™ OLED displays introduced at CES in January 2017. Kopin sees continued market indicators of high demand of OLED micro-displays for both augmented reality (AR) and virtual reality (VR) in the coming years and these new agreements represent important steps in preparing to meet both the near-term and long-term demands.
Kopin signed an agreement with Yunnan OLiGHTEK Opto-electronics Technology Co. Ltd. (OLiGHTEK), a leader in high performance OLED micro-displays on silicon. The parties will jointly purchase an advanced production OLED deposition line to be installed within OLiGHTEK’s facility in order to augment OLiGHTEK’s existing capabilities. This OLED deposition line is expected to be ready for volume production by the end of 2017, enabling Kopin to meet the near-term customer demand for its consumer OLED micro-displays. Under the terms of the agreement, Kopin will be entitled to 50% of the new line output.
Kopin has also entered into a separate agreement with BOE Technology Group Co. Ltd. (BOE) and OLiGHTEK. The agreement will establish a high-volume, state of the art facility to manufacture OLED micro-displays to support the growing AR and VR markets. The new facility, which would be the world’s largest OLED-on-silicon manufacturing center, will be managed by BOE and is expected to be built in Kunming, Yunnan Province, China. BOE is a world leader in the manufacture of liquid crystal and OLED on glass displays for televisions, tablets and smartphones. Read More