Ajax Awarded ATC+ Certificate... "Developing Dot and Adhesive for Foldable Display"

[Asia Economy Reporter Hyunseok Yoo] Igax announced on the 16th that it participated in the ‘2020 ATC+ (Excellent Company Research Institute Fostering Project) Certificate Award Ceremony’ hosted by the Ministry of Trade, Industry and Energy and received the certificate and plaque from the Minister of Industry.

The event held at EL Tower in Seocho-gu, Seoul, was attended by related officials including Jung Seung-il, Vice Minister of the Ministry of Industry, and Jo Jun-young, Head of Igax Materials Business Team. ATC+ is a project supported by the Ministry of Industry that selects excellent company-affiliated research institutes and provides various services to strengthen research institute capabilities after joining the ATC Association. Along with this, Igax will receive a total of 2.4 billion KRW in research and development funding.

Through the selection of ATC+, Igax plans to develop dot-type adhesives for foldable display (LCD, OLED) touch components that can be screen printed. While existing film-type dot adhesives are difficult to fill between the fine patterns of touch components, printed dot adhesives can be precisely applied between fine patterns, significantly reducing thickness with this new technology.

According to market research firm OMDIA, shipments of foldable OLED (Organic Light Emitting Diode) panels are expected to grow at an average annual rate of 93.9% until 2026. The market size is expected to double every year, increasing from 3.9 million units this year to 10.9 million units next year, 20.9 million units in 2022, and reaching 73.1 million units in 2026.

A company official stated, “After being selected for the ATC+ project, we have started new product development and are currently conducting research,” adding, “We plan to complete development and begin mass production of the product within next year.”

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