From the CC:
Malte Schaumann, Warburg Research
Yes, good. Then, on the OLED project. Are you still prepared to make a decision this
year, if in the case an order will not follow up or do you see any kind of postponement
in the project that might lead to the delay in the sudden taking?
Dr. Felix Grawert
So, we are now about to complete the Gen2 project. As we wrote in our report, we
have achieved a couple of specs. We are working with our customer on achieving
additional ones and closing the specification list and based on that finishing the project.
With that, we are now starting discussions with our customer on a follow-on project,
which once again will be an R&D type development project, however, scaling up to a
larger display size. So, in the first one, on the Gen2 project, we've generally proven
the feasibility of the OVPD technology. And the next stage, which is then to come in
2021, is about proving that this can also work at large scale substrates that would be
the next step towards production qualification of our technology. We are now starting
these discussions. They could conclude by the end of the year or move on early into
next year. The outcome largely depends of the technical discussions. With a project of
such breakthrough novelty, the scope of follow-on discussions is not limited to
commercial discussions, price negotiations and signing a P.O. Instead, in this case
there are a lot of technical discussions about the specifications to achieve, and the fit
into the customers’ production strategy and its manufacturing lines. Only when those
technical details are sorted out, we can expect to close the deal. Those discussions are
Since Felix emphasized that it would be a larger R&D system and later he said in the CC of 2021-2022 time frame, I do not think it could be for the QD-OLED TV which is moving into volume production in Q2-21 according to the Korean press. Would Samsung switch to OVPD system in the middle of QD-OLED TV production? It is not out of the question but I doubt it.