LG Display, Universal Display Corporation Extend Long-Term OLED Agreements
April 2, 2021 | Business WireEstimated reading time: Less than a minute
Universal Display Corporation, enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, and LG Display Co., Ltd., a global leader in the development and production of innovative display panels, announced the extension of their long-term agreements with the signing of new OLED Technology License and Material Purchase Agreements. The new extended agreements run for five years. Further details and financial terms of the agreements have not been disclosed.
“We are pleased to announce these new extended agreements with LG Display, which further strengthens our nearly two-decade long partnership,” said Steven V. Abramson, President and Chief Executive Officer of Universal Display Corporation. “Our close collaboration with LG Display began when CRTs were still the primary display technology for TVs. Fast forward to today, and LG Display is leading the revolutionary path for OLED TVs. We look forward to bolstering our robust working relationship with LG Display on their leading-edge OLED panels through UDC’s OLED technologies and energy-efficient, state-of-the-art phosphorescent materials.”
Suggested Items
IDTechEx Explores the Role of 3D Cu-Cu Hybrid Bonding in Powering Future HPC and AI Products
04/18/2024 | PRNewswireSemiconductor packaging has evolved from traditional 1D PCB levels to cutting-edge 3D hybrid bonding at the wafer level, achieving interconnecting pitches as small as single micrometers and over 1000 GB/s bandwidth. Key parameters, including Power, Performance, Area, and Cost, are crucial considerations
Intel Brings AI-Platform Innovation to Life at the Olympic Games
04/18/2024 | BUSINESS WIREIntel announced its plans for the Olympic and Paralympic Games Paris 2024. Bringing AI Everywhere, Intel will implement artificial intelligence technology powered by Intel processors on the world’s biggest stage.
Adura Solutions Exhibits at Del Mar 2024
04/18/2024 | Adura SolutionsSumit Tomar, CEO of Adura Solutions, has announced that his company will be exhibiting at this year's Del Mar Electronics and Manufacturing Show to be held at the Del Mar Fairgrounds, San Diego, California, April 24-25.
Australian Flow Batteries and The SCHMID Group Announce Groundbreaking Memorandum of Understanding
04/17/2024 | SCHMID GroupAustralian Flow Batteries Pty Ltd (AFB), a leader in innovative energy solutions and economical, safe, and reliable power storage, and SCHMID Energy Systems GmbH a company of the German SCHMID Group, a global technology leader with a rich history in delivering innovative solutions across multiple industries including Electronics, Renewables, and Energy Storage sectors, are thrilled to announce the signing of a Memorandum of Understanding (MoU)
Ansys Joins BAE Systems’ Mission Advantage Program to Advance Digital Engineering Across US Department of Defense
04/16/2024 | ANSYSAnsys announced it is working with BAE Systems, Inc., to accelerate the adoption of digital engineering and MBSE across the Department of Defense (DoD).