Universal Display Corporation announces extended OLED evaluation agreement
The Universal Display Corporation (Ewing, New Jersey), enabling energy-efficient displays and lighting with its UniversalPHOLED technology and materials, announced that it has entered into an extended and updated evaluation agreement with Japan Display Inc., a leading global small and medium-sized panel manufacturer. Under the agreement, Universal Display will supply its proprietary UniversalPHOLED phosphorescent OLED materials and technology to Japan Display Inc (JDI) for use in the company’s OLED displays. Financial terms of the agreement have not been disclosed.
“We are pleased to enhance our partnership with Japan Display, a world leader in the display industry,” said Steven V. Abramson, president and CEO of Universal Display Corporation. “OLEDs are transforming the consumer electronic market with bright, beautiful, thin and conformable displays. We believe that this agreement will strengthen our collaborative bond with JDI for innovative OLED products using our highly-efficient, high-performing proprietary OLED technologies and UniversalPHOLED materials.”
Caption: Universal Display and JDI have intensified their collaboration (photo: Universal Display Corporation)