DuPont Displays, UDC Form Strategic Alliance

DuPont Displays, a business unit of DuPont and a leading developer and manufacturer of polymer organic light emitting diode (polymer OLED) displays, together with Universal Display Corporation (UDC), a major innovator of OLED technologies, have announced a joint development agreement to create a new generation of soluble OLED materials and technology. Based on work in phosphorescent OLED (PHOLED) technology by UDC and expertise in solution-based processing by DuPont, it is expected by the companies that the new OLED materials developed by the parties will have significant performance and cost advantages, thus enabling OLEDs to capture an increased market share in the fast-growing $30 billon flat panel display market.