July 22, 2014…Taiwan’s Industrial Technology Research Institute initiated the setup of the Organic Light Emitting Diode Commercialization Alliance (OLCA) to spark the OLED industry in Taiwan. OLED companies RiTdisplay Corp, WiseChip Semiconductor Inc, Merck, Corning Incorporated and Tongtai Machine & Tool CO have joined OLCA.
OLCA Chairman Liu who serves as vice president and general director of the Electronics and Optoelectronics Research Laboratories at the ITRI, noted that while fluorescent lamps currently lead in high luminosity and cost-efficiency, technological development of fluorescents has reached its limit. Technology for LEDs and OLEDs and their use in general lighting has much room for improvement. Liu asserts that OLEDs can theoretically achieve higher luminance efficiency and longer life than fluorescent tubes. Liu noted that OLCA has organized five committees, which are lamps, lighting design, materials, fixtures and optical engines. The committees plan to making OLEDs ready for indoor lighting. So far, more than 60 companies have revealed their interest in working with other OLCA members.