Fonon Corporation's Patented ZWLCT Technology Positions the Company for Growth in Flat Panel Display Market
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Flat Panel Display market expected to reach $135B USD by 2020.
LAKE MARY, FL – Fonon Corporation's ("Fonon") patented Zero-Width Laser Cutting Technology (ZWLCT) has no peer in the glass cutting industry. A mature technology that separates brittle material at the molecular level providing zero yield loss, zero kerf width, highest edge quality and fastest processing speeds compared to all other conventional technologies with no post grinding or polishing required. ZWLCT was first licensed to Motherglass foundries a decade ago as the technology of choice for Gen3 – Gen10 glass cutting and has since expanded into multiple market applications. Fonon recently acquired the rights to ZWLCT with its recent acquisition of FTL, LLC.
According to Future Market Insights, increasing demand for smart phones, higher-quality TV, and automotive monitors lead the Flat Panel Display applications forecasting a market grow of $135B USD by 2020. Growth of flat panel display market across the globe is driven by factors, such as high rate of technology adoption, increasing demand for big size displays, developing consumer electronics market, and increasing investment on RD by flat panel display manufacturers.
The key players in Flat Panel Display Manufacturing have shifted to Asia lead by Panasonic, Sony, LG Display, Samsung, Sharp, Japan Display, Innolux, Emerging Display Technologies, Universal Display and AU Optronics who are forecasted to dominate the market moving forward.
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Rob Hunt
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