LG, Samsung put EUR 25 mln into OLED display developer Cynora

Thursday 14 September 2017 | 15:23 CET | News
LG and Samsung have together invested EUR 25 million in Cynora, a provider of organic emitter materials for OLEDs. Cynora is developing a new type of organic emitting materials for OLED displays based on TADF (Thermally Activated Delayed Fluorescence) technology. With this technology, the company will be able to commercialize the first high-efficiency blue emitting material on the market, which Cynora said the most sought-after material by OLED display makers. High-performance blue materials significantly reduce power consumption and allow higher display resolution. 

During the Series B funding round, LG and Samsung joined existing investors MIG, Wecken & Cie and KfW.

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