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Applied Materials plans to collaborate with IIT Kanpur to undertake R&D in flexible electronics.
Flexible electronics is a rapidly emerging segment that is expected to gather pace. Driving this growth will be advanced form-factor electronic devices with broad applications in various sectors, including military & defence, consumer electronics, healthcare & medical, and energy & power generation.
Om Nalamasu, senior vice president and CTO of Applied Materials, said: “As technologies become more complex, it is imperative for high-tech companies to increase their focus on innovation to achieve a competitive advantage."
Flexible electronics, an advanced form of electronics, has just started penetrating the consumer products market in the form of e-books, signage, smartphones, and e-paper applications, and is also being deployed in military applications and the overall market is expected to gain momentum by 2017, according to MN Vidyashankar, President, IESA.
Deepak Gupta, Professor, IIT Kanpur, added that this could result in more investment coming into flexible electronics manufacturing worldwide.
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