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Saturday, April 08, 2017 12:06:20 PM
"Our acquisition of Coretec and its portfolio of silicon technologies was driven by the opportunity for commercialization in several rapidly growing markets, notably printable electronics," said Doug Freitag, CEO of 3DIcon. "Security and supply chain needs within retail, manufacturing, and other applications have created significant demand for printable electronics, resulting in what we believe is significant market potential for our technology. As the industry continues to evolve, we believe the continued development of our technology portfolio ultimately positions us to generate future revenue."
A recent market report published by IDTechEx forecasts the printable electronics market to reach $69 billion globally by 2026, led by technologies already in use or under consideration for RFID tags, security/monitoring, data storage, display and visual effects, and toys. The report also stateshat the largest current opportunity exists for organic light-emitting diode (OLED) displays, sensors, and conductors, all three of which are already billion dollar industries.
Recent CRTG News
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