Ajax Completes Development of OCA and OCR for Flexible Displays... "Commercialization Underway"

[Asia Economy Reporter Jang Hyowon] Egjax, a specialized materials and components company, announced on the 18th that it has completed a government-funded project to develop flexible (foldable and rollable) OCA (Optically Clear Adhesive film) and OCR (Optically Clear Resin) applicable to domestic and international display manufacturers.

Based on the evaluation results from a domestic display company participating as a demand company in the project, Egjax plans to commercialize flexible display OCA and OCR products for domestic and overseas display companies.

Flexible OCA is a film-type adhesive that bonds display layers together with adhesive functions on both sides. Due to the flexible nature of folding and bending, adhesive strength and recovery that prevent deformation at the bonding site even after hundreds of thousands of bends are critical competitive advantages. While 2 to 3 layers of OCA are attached to general displays, about 5 layers of OCA are applied to flexible displays.

The company explained, "Only about five select domestic and international companies possess the core technology related to OCA, a key material for future displays," adding, "We have overcome high entry barriers through over 40 years of experience, know-how, and continuous research and development."

He added, "Since the price of flexible OCA is about 30 times higher than that of general products, we expect a simultaneous increase in P (price) and Q (quantity)."

OCR is a high-performance special adhesive material for producing high-resolution displays. It removes the air layer between the display panel and the hard cover, enhancing display visibility, so maintaining transparency without discoloration in high-temperature and high-humidity environments is important. Egjax has been supplying its self-developed OCR since 2018 after receiving product approval from the largest domestic manufacturer.

A company official stated, "We conducted proactive development to secure technology leadership in the future growth industry of flexible displays," and added, "We will promptly complete evaluations and proceed with product commercialization."

He emphasized, "Once mass production and sales of the products begin, we expect this to lead to performance growth."

This content was produced with the assistance of AI translation services.