Core Viewpoint - Smartkem and RiTdisplay have signed a memorandum of understanding to evaluate the integration of Smartkem's organic thin-film transistor (OTFT) technology into RiTdisplay's G2.5 experimental production line, aiming to enhance Smartkem's product prototyping capabilities [1][3]. Group 1 - The collaboration between Smartkem and RiTdisplay began with a preliminary joint development agreement in 2021, and the signing of the memorandum signifies a further advancement in their partnership [3]. - The product prototyping manufacturing process will transition from the Industrial Technology Research Institute's (ITRI) G2.5 production line to RiTdisplay's newly established integrated G2.5 experimental production line, expected to be operational in the second half of 2025 [3]. - RiTdisplay's General Manager, Robert Chen, stated that this phase of collaboration marks a significant milestone towards delivering a new generation of AMOLED displays to the global market, with demonstrations planned for later this year [3]. Group 2 - Smartkem's Chairman and CEO, Ian Jenks, emphasized that this step is crucial for the commercialization strategy of their unique transistor technology, enabling the production of the world's first commercial AMOLED display prototype utilizing OTFT technology [3]. - Smartkem is a UK-based materials technology company focused on the research and application of OTFT technology, with its TRUFLEX semiconductor technology compatible with existing manufacturing equipment for low-temperature printing processes [3]. - Smartkem's technology is expected to provide low-cost, high-performance displays across various technologies, including MicroLED, MiniLED, and AMOLED, as well as in sensor and logic applications [3]. Group 3 - RiTdisplay specializes in OLED research and manufacturing and is a leading player in the passive matrix OLED (PMOLED) sector, with products widely used in smart appliances, medical devices, and wearable technology [4].