Synos designs and manufactures
Fast Array Scanning™ Atomic Layer Deposition systems that are
enabling the production of flexible OLED displays for mobile devices.
“Synos is an early stage company with big growth potential,” said John
Peeler, Veeco’s Chairman and CEO. “We believe that their fast array scanning ALD
technology for thin film encapsulation layers will remove the primary barrier to
adoption of flexible OLED displays, helping make unbreakable, light-weight
mobile displays a reality. Their systems are poised to move from pilot line to
full production at the world leader in mobile OLED displays.” Synos’ first pilot
production system has been installed and the manufacturing ramp is currently
expected to begin in 2014.
According to industry forecasting firm IHS iSuppli, the flexible OLED display
market is expected to grow from US$ 21 million in 2013 to almost US$ 12 billion
by 2020, and will revolutionize the entire display industry. “Near-term, we
believe the OLED equipment market opportunity for Synos’ ALD technology exceeds
US$ 400 million for mobile phones alone,” added Peeler. “We also see numerous
extended opportunities for this breakthrough ALD technology in OLED TV,
lighting, solar, batteries and other large adjacent markets.
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