Cheil Industries Made New 19.9 Billion Won investment in OLED Equipment

On May 24, Cheil Industries announced that they decided to invest total of 19.9 billion won in building production line for Electron Transport Layer (ETL).

Hole Transport Layer (HTL). Organic Insulator (PDL) material, major materials of AM OLED.
They will complete the construction of production facilities by the end of October. 10.8 billion won out of total investment will go to ETL, HTL material facilities, and 9.1 billion won will go to PDL material production line.

Cheil Industries plans to supply medium-sized AM OLED material, such as smartphone, to Samsung Mobile Display beginning 2nd half of the year. Recently, they also successfully developed large AM OLED ETL material such as TV and etc.