Who answered the phone? PHILPS OLED light source device business successfully sold

China LED Reuters] OLED light engine and panel manufacturing company OLEDWorks LLC (OLEDWorks limited liability company) today announced that the company has completed the acquisition of PHILPS's main OLED assets and related intellectual property rights. In addition, the establishment of OLEDWorks GmbH, production will continue in Aachen, Germany, the existing factory. OLEDWorks announced the acquisition plan as early as April this year.

OLEDWorks rely on a number of pioneering OLED talent, developed a new method of manufacturing OLED lighting panel. PHILPS Lumiblade OLED business group with FL300 platform to make a complementary platform for enterprise OLED lighting innovation. The synergy between the two groups provides the basis for actively expanding product mix in many ways.

"OLEDWorks is committed to the development of technology partnership, which underscores our lighting products integrated production of low cost, high performance OLED solutions commitment", OLEDWorks chairman of the board of directors of David DeJoy said. "We believe this strategic acquisition will facilitate the continuous development of innovative technologies in OLEDWorks to meet the unique needs of our customers. "

With the change in ownership of the company's OLED device development and production operations, PHILPS lighting has also completed its strategic secondary school note Yu Zhaoming products, systems and services goals, PHILPS LED division CEO Mahesh Iyer. We firmly believe that, after the OLEDWorks LLC ownership, they will continue to occupy a leading position in emerging markets, but also will become a high-value supplier of PHILPS lighting. "

OLEDWorks and the subject have the same passion and commitment to expand the use of OLED in the lighting market. (compile: China LED network /Nicole)

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