SmartKem (NASDAQ:SMTK) plc (NASDAQ: SMTK) is a fabless semiconductor company specializing in the development and commercialization of organic semiconductor materials for thin‐film transistors (TFTs). Headquartered in the United Kingdom, the company has pioneered low‐temperature processable organic materials designed to deliver high performance, energy efficiency and manufacturing flexibility. SmartKem’s solutions target a range of display applications, including flexible, foldable and transparent screens, as well as emerging sensor and Internet of Things (IoT) platforms.
The company’s core product line consists of proprietary organic inks and formulations that can be integrated into existing TFT backplane production lines without the need for costly equipment upgrades. These materials enable manufacturers to produce lighter, more durable and lower‐power displays compared with traditional silicon‐based processes. SmartKem’s technology is designed to accelerate production cycles and reduce capital expenditure, making it attractive for consumer electronics, automotive displays and emerging wearable devices.
SmartKem serves a global customer base, engaging with display foundries, original equipment manufacturers (OEMs) and research organizations across North America, Europe and Asia. In March 2023, the company completed its initial public offering on the Nasdaq, raising capital to support expanded R&D activities and scale manufacturing partnerships. Strategic collaborations with leading materials and display producers help SmartKem advance its materials roadmap and tailor solutions to diverse end‐market requirements.
Under the leadership of its executive team, SmartKem continues to invest in innovation and pilot production to validate its materials in high‐volume manufacturing environments. The company’s focus on low‐temperature organic semiconductors positions it at the forefront of next‐generation display technologies, as device makers seek to reduce power consumption and enable new form factors for handheld, wearable and automotive applications.