ACQUISITION OF COHERENT slide image

ACQUISITION OF COHERENT

LEADER IN TECHNOLOGY FOR DISPLAY MANUFACTURING ■ Market trends: • OLED display manufacturing technology in the process of moving from Gen 6 to Gen 8 for improved economies of scale Deployments in Korea and China • Revenue for Micro-LED display manufacturing will become material around FY25 • Micro-LEDs address incremental markets: higher brightness TVs and wall-size displays ■ Market Size for equipment and services: ◉ ⚫ $450-$550M in FY27 (internal estimates) • Leading laser & system capabilities: . ⚫ Line Beam systems for display backplane annealing (ELA) • • Line Beam systems for Laser Lift Off (LLO) Ultrafast lasers for OLED display cutting • Micro-Led UV Laser Transfer systems COHERENT Copyright 2023, Coherent. All rights reserved. 26
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