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Stock impact report

Smartkem Announces Technology Collaboration Agreement with the Industrial Technology Research Institute (ITRI) in Taiwan

SMARTKEM INC (SMTK) 
Company Research Source: PR Newswire
Strategic agreement will accelerate ability to manufacture commercially ready products using Smartkem OTFT technology.MANCHESTER, England, March 18, 2024 /PRNewswire/ -- Smartkem (OTCQB: SMTK), the developer of a disruptive type of organic transistor that has the potential to drive a new generation of displays, today announced that it has entered into a technology collaboration agreement with the Industrial Technology Research Institute (ITRI) in Taiwan to enable product prototyping on ITRI's equipment. This collaboration is part of Smartkem's commercialization strategy to allow global display manufacturers access to foundry services using Smartkem's technology.Smartkem's organic thin-film transistor (OTFT) technology will be used on ITRI's Gen 2.5 hybrid pilot line (substrate size: 370mmx470mm), with the aim to develop low-temperature processed display backplanes. This multi-year technology collaboration agreement is part of Smartkem's commercialization strategy to enable customers t Show less Read more
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