Moisture-Resistant Films Investment
Last week we announced that Applied Ventures, the venture capital arm of Applied Materials, made a strategic investment in Tera-Barrier Films, a newly incorporated spin-off from the Singapore Agency for Science, Technology and Research’s (A*STAR) Institute of Materials Research and Engineering (IMRE). The funds will be used for the development and manufacture of new proprietary, moisture-resistant films that can significantly extend the life span of devices such as organic solar cells and flexible displays.
This means that in the future, electronic devices such as cell phones and flat panel TVs could potentially be created lighter and take-up a lot less space. The solution is to develop a clear, thin, flexible material with barrier properties like glass.
The new film protects the easily degraded moisture-sensitive organic materials of plastic devices and targets the burgeoning plastic electronics industry. Applications of the film include the manufacturing of flexible, lightweight and cheap electronics such as disposable or wrap-around displays, identification tags, low cost solar cells and chemical-and pressure-sensitive sensors.
This investment is inline with Applied Materials’ strategy to spur development of a broad range of products that not only serve customers’ need, but also conserve the Earth’s natural resources, and make alternative energy and environment solutions more accessible, affordable and capable.