Sept. 1, Bloomberg News: Kateeva’s inkjet equipment promises to drive down prices for OLED sets.
The industry’s migration away from LCDs has created an opening for Kateeva, a Newark, Calif., company that’s developed an inkjet-printing method to produce OLED displays. Kateeva, whose name comes from the Hebrew word for “writing,” has raised more than $200 million in venture capital since it was spun off from an MIT lab in 2008. Investors include Samsung, Spark Capital, and TCL Capital, the venture capital arm of one of China’s leading electronics companies.