DNP to Install New Large Scale Metal Mask Production Line at Kurosaki Plant

Rhea-AI Summary

Dai Nippon Printing Co., Ltd. (DNP) is set to enhance its production capacity for OLED displays with the installation of a new metal mask production line at its Kurosaki plant in Kitakyushu City. The investment amounts to approximately JPY20 billion (about USD140 million), with operations expected to commence in the first half of 2024. This expansion aims to more than double DNP's current production capacity and strengthen its leading position in the global market, particularly in the tablet and notebook sectors.

Positive

• Investment of JPY20 billion to enhance production capacity.
• New production line will increase metal mask production capacity by over 100%.
• Strengthening market share in tablets and notebooks after dominating smartphone market.

Negative

• None.

- Aims to boost metal mask production capability for large scale OLED -

TOKYO--(BUSINESS WIRE)-- Dai Nippon Printing Co., Ltd. (DNP, TOKYO: 7912) will install a new large-scale metal mask production line for the manufacture of Organic Light-Emitting Diode (OLED) displays at the Kurosaki plant situated in Kitakyushu City. The Company will invest approximately JPY20 billion, or about USD140 million in the project, and operations will commence in the first half of 2024.

Kurosaki plant in Kitakyushu City where the new metal mask production line will be installed (Photo: Business Wire)

The new line will produce large-scale metal masks compatible with 8th-generation glass substrates, greatly improving the production efficiency of OLED displays for tablets and notebooks. Our Mihara plant in Hiroshima Prefecture is also an important center for the production of metal masks, and by working to back up this plant we aim to strengthen our Business Continuity Plan (BCP) responses.

By establishing the new production line, DNP plans to more than double its metal mask production capacity. We aim to further expand our business to tablets and notebooks by taking advantage of our superior position in maintaining the top global market share in the production of metal masks for smartphones.

[Metal Mask Initiatives by DNP]

A metal mask is a thin metallic component with precisely arranged microscopic apertures used when attaching OLED light-emitting materials of the three primary colors of Red, Green and Blue to a substrate.

DNP possess a wide range of patents and know-how related to materials, manufacturing methods, and products related to metal masks. Our superior technology development, and ability to deliver high-quality, high-precision products in a secure manner has also developed a firm reputation with OLED panel makers.

For more information please refer to https://www.global.dnp/news/detail/20168536_4126.html

About DNP

DNP was established in 1876, and has become a leading global company that leverages print-based solutions and the strengths of its growing number of partners to engineer fresh business opportunities while protecting the environment and creating a more vibrant world for all. We capitalize on core competencies in microfabrication and precision coating technology to provide products for the display, electronic device, and optical film markets. We have also developed new products, such as vapor chamber and reflect array that offer next-generation communication solutions as we look to achieve a more people-friendly information society.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221108006302/en/

Media contact

DNP:

Yusuke Kitagawa, 81-3-6735-0101

kitagawa-y3@mail.dnp.co.jp

Source: Dai Nippon Printing Co., Ltd.

FAQ

What is DNP's investment for the new production line in Kitakyushu City?

DNP is investing approximately JPY20 billion (about USD140 million) for the new production line.

When will the new metal mask production line at DNP's Kurosaki plant begin operations?

The new production line is expected to commence operations in the first half of 2024.

How much will DNP's metal mask production capacity increase?

DNP plans to more than double its metal mask production capacity with the new line.

What type of displays will benefit from DNP's new production line?

The new production line will primarily benefit the production of Organic Light-Emitting Diode (OLED) displays for tablets and notebooks.

What is the significance of metal masks in OLED production?

Metal masks are crucial for attaching OLED light-emitting materials of the primary colors to a substrate, enhancing the quality of displays.