Thinfilm’s Revolutionary Printed Electronics Fab Awarded 2018 Technical Development in Manufacturing Prize from IDTechEx
Summary
OSLO, Norway--( BUSINESS WIRE )-- Thin Film Electronics ASA (“Thinfilm”) (OSE: THIN; OTCQX: TFECY), a global leader in NFC (Near Field Communication) mobile marketing solutions, today announced it has received the IDTechEx Technical Development in Manfacturing award in recognition of Thinfilm’s pioneering roll-to-roll printed electronics fab in San Jose.Based on capital expenditures of approximately $36 million, the production equipment cost is multiple orders of magnitude below that of a conventional silicon fab.Installation of the line commenced in late 2017, and Thinfilm recently announced the successful completion of the first fully roll-processed lots, featuring Thinfilm’s Electronic Article Surveillance (EAS) anti-shoplifting technology.“Thinfilm is honored to receive the Technical Development in Manufacturing award in recognition of the successful bring-up of our San Jose fab, a best-in-class facility for billion-scale volume production of roll-to-roll printed ICs,” said Dr. Davor Sutija, CEO, Thinfilm.“By combining the scalability, cost effectiveness, and robustness of printed electronics with the flexibility of pre-integrated cloud-based software, Thinfilm is focused on NFC mobile marketing and supply chain solutions enabling the Internet of Everything for brands, retailers, and industrial users.”