Sunic System and SND Display to develop deposition equipment for perovskite displays

Sunic System has announced that it will develop deposition equipment for perovskite-based displays, expanding its perovskite equipment business from solar cells into display applications. The company announced that it signed a memorandum of understanding (MOU) with SND Display for the commercialization of next-generation perovskite displays.

The partnership will focus on deposition technologies needed to apply perovskite materials to existing display manufacturing processes. The two companies plan to jointly develop deposition processes and equipment structures optimized for the material characteristics, as well as deposition precursor materials. The collaboration also includes joint technology testing, prototype verification, equipment and process cooperation for mass production, and research aimed at improving deposition uniformity and fine-patterning performance.

 

SND Display possesses technologies related to high-color-purity and high-efficiency perovskite luminescent materials, color conversion materials, and deposition precursor materials. Sunic System will provide expertise accumulated through its OLED deposition equipment business, including vacuum deposition, thin-film formation, and large-area equipment design and manufacturing.

The companies have not yet finalized a timeline for development completion or customer supply.

Sunic System has also been expanding its perovskite equipment business in the solar sector. The company previously signed an agreement with the Korea Research Institute of Chemical Technology (KRICT) to jointly develop large-area mass-production deposition equipment for perovskite solar cells.

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Posted: Jun 11,2026 by Roni Peleg