LG Display, Korean-based provider of display technologies, has announced that it will invest KRW 1.05 trillion (over $900M) in a 6th generation flexible OLED display production line as part of its efforts to lead the flexible OLED display market, which has emerged as increasingly attractive.
BASF SE, a leading chemical, plastics and performance products company, has inaugurated a new research building at its headquarters in Ludwigshafen, Germany, after two years of construction. The building accommodates around 200 employees of the research division Advanced Materials & Systems Research, who have so far worked in different buildings in Ludwigshafen.
Merck KGaA, a leading company for innovative healthcare, life science and performance materials based in Darmstadt, Germany, has announced that it is acquiring the remaining stake in Qlight Nanotech Ltd. (Jerusalem, Israel), and will hold 100% of the company. Financial details of the transaction were not disclosed.
Norwegian-based Thin Film Electronics ASA, a leader in the development and commercialisation of printed electronics and smart systems, has announced a private placement in the company, in which several US funds have subscribed for shares. The total investment sum ranges at USD 22M. Upon completion of the private placement, the investors will hold 6.1% of the shares of Thinfilm.
BeBop Sensors, Inc., a leading provider of smart fabric sensor technology based in Berkeley (CA), USA, has received the 2015 Frost & Sullivan North American Technology Innovation Award for its fabric sensor technology. The prize is handed out by the American-based industry consultancy and market research experts of Frost & Sullivan.