can be greatly reduced compared to a binary logic system. [2,3] Consequently, the reduced number of constituent devices and interconnects will result in less power consumption and circuit delay time with higher bit density. MVL circuits can be implemented by using devices that exhibit negative differential resistance (NDR) or negative transconductance (NTC) characteristics. Such devices show current increase up to a local peak point, then current decrease with increased bias rather than monotonic current modulation as in conventional devices. Although this unique property was first observed in 1958, [6] NDR devices have not been widely utilized in practical applications because of their poor performance mainly due to difficulties in forming high-quality heterojunctions of covalently bonded semiconductors. [7] Recently, various NDR or NTC devices based on van der Waals (vdW) heterojunctions were demonstrated. These devices exhibited anti-ambipolar behavior, with inverted V-shaped transfer curves as opposed to typical V-shaped transfer curves of ambipolar field-effect transistors (FETs), and were from vdW heterojunctions composed of MoS 2 and semiconducting single-walled carbon nanotubes (SWCNTs) in 2013. [8] The reported heterojunction materials for NDR or NTC devices include 2D semiconductors that possess dangling bond-free high-quality interfaces, [9-18] organic semiconductors, [19-23] and hybrid material combinations. [8,24-29] More recently, a number of ternary inverters that possess three logic states have been reported by using heterojunctions of 2D semiconductors and organic semiconductors as a promising application in digital logic circuits. [10,12-14,17,18,22,23] However, reliable and scalable low-cost device fabrication methods should be developed in order to utilize integrated MVL circuits in IoT applications such as wearable electronic devices. In this regard, both 2D and organic heterojunction-based devices are not wellsuited at the current stage, because most 2D heterojunctions were formed by stacking individual mechanically exfoliated 2D flakes, while the reported organic heterojunctions were formed only by capital-intensive vacuum processes. In this work, inkjet-printed ternary inverters are presented for the first time by employing n-type indium oxide (InO) and p-type SWCNTs to form p-n heterojunctions. Partially overlapped p-n heterojunctions are reliably formed by inkjet printing of semiconductor inks. Inkjet printing has been attracting a great deal of attention as an emerging material deposition technique for large-area electronics, [30,31] and has A multi-valued logic (MVL) technology is considered to be a promising way to improve data processing capabilities with higher bit density. Unique negative transconductance characteristics in van der Waals (vdW) p-n heterojunctionbased devices enabled recent demonstrations of MVL circuits. Herein, inkjet-printed ternary inverters are presented for the first time by connecting anti-ambipolar transistors, based on indium oxide/single-walled carbon nano...