‘We hold a leading position in the young and promising OLED market,’ said CEO Martin Goetzeler. ‘We want to use the pilot production line to extend our lead and forge ahead with development of the technology and prepare for mass production.’
In the next three years about £40 million will be invested in the production facility and in research on LED applications. Commissioning of the production line – with 200 employees – is scheduled for mid-2011.
The move makes Osram the only major player with production sites for both LEDs and OLEDs in Europe. Osram invests around half of its R&D budget in exploring LEDs and OLEDs.