Monday 4 August 2014

Taiwan establishes OLCA forum to target 5.6 billion dollar OLED lighting market

A collation of companies has been formed in Taiwan to ensure the country is positioned to take advantage of a booming demand for OLED lighting.


Founding members of the OLCA are confident of the market potential OLEDs to capture market share in the lighting segment - Source: OLCA  The Organic Light-emitting Diode Lighting Commercialization Alliance (OLCA) will aim to connect companies across the development chain and cement Taiwan's existing expertise in OLED production.
The OLCA been established under the leadership of Taiwan's Industrial Technology Research Institute (ITRI). A number of high-profile companies including Merck, RiTDisplay, Tongtai, Corning and WiseChip have already joined the fledgling organisation.
The OLCA will have five committees covering different technical aspects necessary to make OLED lighting directly competitive with standard LED and fluorescent lamp lighting. The committees will cover lamps, materials, lighting design, fixtures and optical engines.
ITRI estimates that OLEDs will account for 23.4% of global demand for solid-state lighting by 2020. This will be worth a projected $5.6 billion (€4.1 billion) out a total $23.9 billion market.
The chairman of the OLCA will be CT Liu, who is vice president and general director of ITRI's electronics and optoelectronics research laboratories.

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