EMT (Eternal Material Technology), centered on the Hefei factory, is pushing forward business expansion in OLED emitters and PSPI.
EMT company logo (Source: EMT)
The Chinese display materials company EMT is expanding its sales on two major axes: OLED emitters and LCD color-filter materials. This year, EMT’s total revenue is about ¥400 million (RMB), of which the organic emitter business accounts for about ¥200 million and the LCD color-filter RGB material business also accounts for about ¥200 million. Among the photoresists (PR) for color filters, currently only red materials are supplied to China Star Optoelectronics Technology (CSOT).
In the OLED business, low-temperature RGB materials for COE applications are under evaluation by Visionox, and the low-temperature OC materials are being OEM produced through LTC. These products are under evaluation at Visionox’s V3 line; once evaluation passes, EMT plans to manufacture them itself and transact under its own name.
In PSPI (photosensitive polyimide) as well, EMT has entered full-scale preparations for mass production. Around October, small-volume production is expected to begin on Visionox’s V1 line, replacing the existing volumes from Rousian (柔显). Then the horizontal expansion to the V2 and V3 lines is also planned.
In terms of factory operations, the Hefei factory has an annual PR production capacity of about 3,000 tons, but the current utilization rate is below 50%. Meanwhile, the Guan (Guan) factory has a production capacity of about 500 kg per month for emitters, which is planned to be transferred to the Hefei factory next year. Through this move, production efficiency will be improved and an integrated production system for materials will be strengthened.
Information on Chinese emitter and materials companies can be found in the China trends report by UBI Research.
Junho Kim, Analyst at UBI Research (alertriot@ubiresearch.com)
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