LG and Samsung Invest €25 Million in CYNORA

摘要

CYNORA, a developer of organic emitting materials for OLED displays based on thermally activated delayed fluorescence (TADF) technology, recently announced that LG Display and Samsung Venture Investment Corp. were investing a combined €25 million in a Series-B financing round to support the German company in the development of a full-color portfolio of organic-emitting materials for AMOLED displays. (This is not the first time both display powerhouses have invested in the same TADF technology; in 2016, both companies, as well as Japan Display/JOLED and several Japanese venture capital funds, participated in a $13.5 million Series A round of funding for TADF developer Kyulux.) Going forward with CYNORA, LG and Samsung will establish separate develop- ment efforts to assist with CYNORA's R&D, according to OLED-Info.