
Conductive ink is an ink that results in a printed object which conducts electricity. The transformation from liquid ink to solid printing may involve drying, curing or melting processes. These inks may be classed as fired high solids systems or PTF polymer thick film systems that allow circuits to be drawn or printed on a variety of substrate mat...
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http://en.wikipedia.org/wiki/Conductive_ink

The paste used on thick film materials to form the circuit pattern, usually containing metal, metal oxide and solvent.
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http://www.encyclo.co.uk/local/20870
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