TOKYO-- November 10, 2022 -- 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.

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.