Philips Electronics increases OLED production capacity

Royal Philips Electronics is investing €40m (£35.2m) to increase its production capacity for organic light-emitting diode (OLED)-based lighting at its facility in Aachen, Germany.

The investment will support the growth of Philips’ OLED business, with increased availability of Philips OLED modules for high-end design lighting applications.

The additional capacity at Philips’ OLED facility in Aachen, which was originally established as a pilot production line, is expected to be available in 2012.