Philips is to invest €40 million into the production of OLED lighting solutions.
The investment in its facility at Aachen, Germany, will lead to increased availability of OLED lighting applications for design purposes in decorating and ambiance. The additional capacity is expected to be available to the company in 2012, according to a report by The Financial.
Philips also recently opened the Lumiblade creative lab in Aachen, allowing designers to get experience of OLED as a material for use in their creations.
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The Financial report
Philips leads innovation in OLED-based lighting with further investment in OLED production facility
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Subscribe to +Plastic Electronics magazine
Subscribe to +Plastic Electronics magazine, published six times a year, for just £100/€110/$160. Find out more here
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euroLED 2011
Europe's leading event in solid-state lighting takes place on 8-9 June at the Jaguar Exhibition Hall, the Ricoh Arena, Coventry, UK
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Philips enhances OLED lighting range
Next month Philips Lighting will revamp its online store www.lumiblade.com with new offerings and lower prices to spark a second wave of demand for its OLED lamps
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The Future of Energy Efficient Lighting
Click here to find out more about IntertechPira's market report on energy efficient lighting including forecasts for organic and inorganic LEDs
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