US firms open OLED manufacturing plant in Shannon with €10m investment

United Kingdom News News

US firms open OLED manufacturing plant in Shannon with €10m investment
United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

UDC/PPG-owned facility currently staffs 50 and intends to double its workforce with further investment

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 71%

A state-of-the-art OLED manufacturing facility opened its doors for the first time in Shannon, Co Clare, on Thursday morning.

Organic light-emitting diode - or OLED - materials are used to harness light in the screens of technological devices such as smartphones, smart watches and computers. Nasdaq-listed, US-based firm Universal Display Corporation opened the facility in partnership with PPG, headquartered in Pittsburgh, Pennsylvania, with an initial investment of €10 million.

Read More ESB and Shannon Foynes Port sign agreement to transform Estuary into international green energy hub

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

businessposthq /  🏆 8. in UK
 

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines



Render Time: 2025-01-16 02:17:42