Idemitsu Kosan Co., Ltd. established OLED material manufacturing company in Korea

[High-tech LED News] Idemitsu Kosan Co., Ltd. announced that it has established an OLED material manufacturing company in Korea in order to cope with the expansion of the market for displays and lighting products and strengthen the OLED supply system .

At present, Idemitsu Kosan is selecting the construction land for the OLED material manufacturing plant. It is planned to be completed in 2012. OLED materials are not only supplied to South Korea, but are also planned to be supplied to Japan, Taiwan and Europe.

Idemitsu said that the new company is called Optoelectronics Korea, with a capital of 30 billion won and 100% of Idemitsu.

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