Manufacturing Industry
Mitsubishi investing $15 million in Vitex.(Brief Article)
Plastics News, September, 2001 by Renstrom, Roger
In a development that could help commercialize new kinds of flat-panel displays, Mitsubishi Corp. of Tokyo has invested $15 million in first-round funding for Vitex Systems Inc. of San Jose, Calif. Vitex is commercializing transparent, ultrabarrier films for use in next-generation displays for mobile devices such as cellular phones and portable computers.
Vitex's waterproof plastic coating, dubbed Barix, is used to encapsulate organic light-emitting diodes. The combination can replace widely used glass-based liquid-crystal displays. Barix is made of alternating layers of polymer and ceramic thin films deposited on a plastic substrate or an organic LED display. Vitex intends to use roll-to-roll vacuum processing to deposit the coating directly onto a...
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