05.04.18
FlexEnable announced that Novares, a global plastic solutions provider serving the automotive industry, will make equity investments into FlexEnable totaling €5 million. This strategic investment will drive FlexEnable’s engineering and manufacturing efforts to bring flexible organic LCD (OLCD) to automotive interiors, changing where and how displays are used in vehicles.
Automotive designers now have the freedom to replace today’s flat screens with bendable, wrappable, glass-free OLCD technology that is better suited to the shapes of the modern car interior while enabling “smart surfaces.”
OLCD is the lowest cost flexible display technology – it can be manufactured on existing flat panel display lines and utilizes an already established supply chain.
“With the automotive display market valued at $22 billion by 2022, this investment is a further validation of FlexEnable’s glass-free display technology and licensing business model,” Chuck Milligan, CEO of FlexEnable, said.
Automotive designers now have the freedom to replace today’s flat screens with bendable, wrappable, glass-free OLCD technology that is better suited to the shapes of the modern car interior while enabling “smart surfaces.”
OLCD is the lowest cost flexible display technology – it can be manufactured on existing flat panel display lines and utilizes an already established supply chain.
“With the automotive display market valued at $22 billion by 2022, this investment is a further validation of FlexEnable’s glass-free display technology and licensing business model,” Chuck Milligan, CEO of FlexEnable, said.