Update: Ready and waiting for scale-up
Thinfilm has had a strong half with a number of positive announcements across all areas including technical development, partnership agreements and commercial orders. Importantly, management also reports strong progress in forming agreements with scale-up partners. Revenue for the half was slightly lower than we expected due to lower project and technology access fees, and product sales are still a small component of total revenue so we have lowered our forecasts accordingly. Our new forecasts also reflect an increase in the proportion of outsourced production in FY15 given the progress on signing up licensing partners.Thin Film Electronics is an electronics group based in Norway. Co. is engaged in the development of printed electronics. Co. commercializes printed rewritable memory and creates printed system products that include memory, sensing, display and wireless communication. Co.'s products include memory labels, storing digital data on a thin, rewritable label; brand protection solutions, consisting of adhesive labels that generate a distinct forensic electrical signature; sensor labels, which sense information and store data; display labels, low cost display media to communicate the information stored in the ThinFilm Memory; and NFC Smart Labels.
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