Printed memory pioneer pulls out, focuses on NFC

Norwegian startup Thin Film Electronics ASA who was a pioneer in the development of printed memory on thin flexible substrates has sold its memory business unit to focus exclusively on fully printed Near Field Communication (NFC) labels and value-added marketing analytics.

According to sources, the memory activity has been passed on to Xerox' PARC (Palo Alto Research Center), a long-time partner who back in 2015, was licensing Thinfilm’s proprietary technology and demonstrated its first Xerox Printed Memory product two years ago at printing equipment exhibition Drupa.