Further expand the strengths of the world's top market share by raising the production capacity by 300%
Dai Nippon Printing (DNP) has announced that they intend to expand the production of evaporation masks (metal masks) used in the production of OLED panels display, the increased production will be located at the Hiroshima Prefecture Mihara factory, were the company plans to increase the level of production by 300%.
The company plans to invest Yen 6.0 billion by 2020.
Evaporation masks are used in deposition process of the red, green and blue light-emitting materials of OLED panels on a nm scale. Improved mask performance is linked to improvements in display resolution.
DNP aim to create a stable supply of high-precision metal mask to the OLED panel manufacturers, these will be suitable for displays up to 1000 ppi or even greater.
These expansion of production aims to achieve revenues of 30 billion yen in 2020.
According to reports Dai Nippon Printing has more than 50% share in the global market of evaporation masks and hopes that by adding capacity as demand from panel makers increases. the company will retain its market share.
About Dai Nippon Printing
DNP is one of the world’s largest comprehensive printing companies. We provide a variety of products and services in a wide range of business fields to consumers and some 30,000 corporate clients in Japan and around the world. Since founding the company in 1876, we have continued to develop our business by constantly asking ourselves, "What can we do to improve society?" The company’s motto from the time of its founding — "Run a civilized business" — expresses the desire of DNP’s founders to contribute to the improvement of people’s lives and the development of society. This desire has been passed down faithfully to today’s DNP.
Since the 1950s, DNP has promoted "expansion printing," which means expanding our fields of business by broadening possibilities for the application of printing technologies. From printing books, magazines, and commercial materials, we progressed into such fields as packaging, decorative materials, display components, and electronic devices. Today, DNP is still expanding into new business fields, including environmental preservation, energy, and life sciences. DNP has always created "tomorrow’s basic" in order to solve problems faced by businesses, consumers and society. And that is what we intend to keep on doing.
Source: Dai Nippon Printing
