Smartkem Signs Memorandum of Understanding with RiTdisplay to Integrate Smartkem's OTFT Process Into Its Gen2.5 Line
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Smartkem (SMTK) has signed a memorandum of understanding with RiTdisplay to integrate its organic thin-film transistor (OTFT) process into RiTdisplay's Gen2.5 pilot line. This collaboration aims to develop the world's first commercially ready active-matrix OLED display using OTFT technology, with the line expected to be available in the second half of 2025.
March 24, 2025 | 12:45 pm
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The MOU with RiTdisplay represents a significant milestone in Smartkem's strategy to commercialize its unique transistor technology, potentially opening new market opportunities in display manufacturing.
The partnership directly supports Smartkem's strategic goals of commercializing its OTFT technology, potentially leading to new revenue streams and market validation.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100