The company expects to gain widespread use of OLED panels for lighting.
OSRAM has invested €20 million in a pilot production line for OLEDs in Regensburg, Germany. The plant manufactures transparent OLED panels. As production expands, costs are expected to go down by 90%.
“Two years ago, we were the first company to offer serial OLED products on the market,” says Martin Goetzeler, COO of OSRAM AG.
By increasing production at the new plant, the company expects to gain widespread use of OLED panels for lighting.
OLEDs produce light with the evaporation of organic, synthetic materials onto a base material. When switched off, OLED can display a mirroring effect, be neutral, or be transparent.
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