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Thin Film Electronics (Thinfilm) is benefitting from a renewed interest in NFC (near-field communication) based mobile marketing solutions following Apple’s decision to start supporting the standard in June 2017. Its new roll-to-roll (R2R) printed electronics fabrication facility has just started production and should be fully operational in 2019. This will enable Thinfilm to manufacture NFC tags deploying printed electronics in the volumes and at the price point required for the deployment of billions of tags each year, further accelerating NFC adoption. We believe that execution to our estimates would justify a valuation of c NOK3 per share.

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