Germany: More than one Billion Euros invested in Printed and Organic Electronics
Germany Trade & Invest will have experts at this year’s Printed Electronics USA 2012 from December 5 to 6.
Berlin - Germany is the location of Organic Electronics Saxony, Europe’s leading organic cluster from research to product. The forum is sponsored by the Federal Ministry for Research and Education (BMBF) and was founded by seven companies and three research institutes in 2008. Alongside the Forum Organic Electronics Excellence Cluster, this has made Germany a prime location for printed and organic electronic investment. The objective of both clusters and the BMBF is to establish sound public and private partnerships to spur research and development in the field of organic light emitting diodes (OLED) and organic photovoltaics (OPV). Germany Trade & Invest will have experts at this year’s Printed Electronics USA 2012 from December 5 to 6 to inform visitors about the industry’s latest business opportunities.
“The BMBF has provided over 185 million Euros to promote OLED and OPV production which has sparked a total investment of 1,100 million euros since 2006. This shows the unprecedented support in Germany towards printed and organic electronics. There is massive opportunity in this country to take advantage of potential suppliers and customers as well as incorporating cutting edge research into their products,” says Max Milbredt, expert in mechanics and electronics at Germany Trade & Invest in Berlin.
The large amount of private investment, backed by steady government support, has moved two German companies, Novaled and Heliatek, to the forefront of printed and organic electronics. Both companies are headquartered in the state of Saxony and are global leaders in OLED and OPV.