Flexible display evaluation firm FlexiGO has developed evaluation technology for rollable and slidable displays, the company said on Friday.
The South Korean firm specializes in evaluating durability of OLED display panels. FlexiGO checks whether cracks appear on flexible OLED panels when they are folded and unfolded.
The company recently filed patents for its evaluation equipment that are used to test rollable and slidable displays.
Its equipment for foldable and rollable displays are called Rolly and Slidy, respectively.
The company hopes to garner new sales when more rollable devices are commercialized going forward. In the long-term, FlexiGO hopes to form a standard of evaluation around flexible displays.
The South Korean firm launched the Foldy series in 2018, which are used to test durability of foldable OLED screens. Foldy-100 was launched in 2018 and Foldy-200 which can test folding durability of panels in all 360 degree angles in 2019.
Floyd series tests panels in low and high temperature as well as high humidity environment. The equipment doesn’t put actual external pressure on the panels, the company said, which it called a stress free method. The equipment can be used for both out-folding and in-folding foldable displays.
The company was founded in 2017 and supplied its first durability evaluation equipment to Samsung Display in the same year. It has also supplied to Apple and BOE afterwards.
CEO Ki Yong Lee previously worked at Samsung SDI and Samsung Display.
The company aims to secure 5 billion won in sales this year and 10 billion won in annual sales by 2022. It plans to go public in 2023.
It received 1 billion won in funding from Wonik Investment Partners in 2018.
The company is based in Cheonan, South Chungcheong Province. It has 18 employees.