[November 16, 2018] |
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Thinfilm's Revolutionary Printed Electronics Fab Awarded 2018 Technical Development in Manufacturing Prize from IDTechEx
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.
The IDTechEx Awards, presented as part of the Printed Electronics USA
2018 conference, recognize company development and success in the field
of printed electronics. The Technical Development in Manufacturing award
recognizes the most significant development of a manufacturing device,
process, or production plant in the industry over the last 24 months.
Award recipients must demonstrate the optimization of a lab-scale or
mass-scale production process by improving productivity, quality,
reliability, uniformity, or scale.
Thinfilm's Junction Avenue facility features a 22,000 sq-ft printed
electronics factory, the world's first production roll-to-roll (R2R)
printed electronics line using stainless steel substrates. The fab,
designed for an annual production capacity of up to seven billion units,
is optimized to enable production of low-cost, mechanically robust
devices enabling high-volume applications, including NFC (near field
communication) for mobile marketing, authentication, and supply chain
services. Based n capital expenditures of approximately $36 million,
the production equipment cost is multiple orders of magnitude below that
of a conventional silicon fab.
The Junction Avenue project represents a significant technical
achievement on multiple levels. Together with a global network of
equipment manufacturers, Thinfilm developed a complete line of capital
equipment capable of volume production based on a unique roll-to-roll
process. 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. Beyond EAS, the factory
is designed to roll-process mixed-signal ICs for the Near Field
Communication (NFC) market, with initial lots expected to be complete in
the first half of 2019.
"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."
About Thin Film Electronics ASA
Thinfilm is enabling the Internet of Everything through our NFC (near
field communications) solutions. We provide consumer-focused NFC mobile
marketing as well as industrial and supply chain solutions, including
blockchain applications. Thinfilm provides end-to-end support throughout
the entire process. This starts with the manufacturing of NFC tags
through our ground-breaking, roll-to-roll printed electronics production
process, integration support to get those tags on physical objects, and
our CNECT™ cloud-based software platform which captures data and
provides actionable insights into consumer behavior and business
logistics.
Thin Film Electronics ASA is a publicly listed company in Norway with
global headquarters in Oslo, Norway; US headquarters in San Jose,
California; and offices in Linköping, Sweden; San Francisco; London;
Singapore; and Shanghai. For more information, visit www.thinfilmNFC.com
This information is subject of the disclosure requirements acc. to
§5-12 vphl (Norwegian Securities Trading Act).
View source version on businesswire.com: https://www.businesswire.com/news/home/20181116005416/en/
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