Universal Display Corporation Enters into Long-Term OLED Agreements

Universal Display Corporation and Wuhan China Star Optoelectronics Semiconductor Display Technology Co., Ltd. (华星光电) announced the signing of a new OLED Technology License Agreement and Supplemental Material Purchase Agreement. 

 

Under the long-term agreements, UDC will supply phosphorescent OLED materials to Wuhan China Star Optoelectronics for use in display products through its wholly-owned subsidiary UDC Ireland Limited. 

 

Details and financial terms of the agreements have not been disclosed.

 

“With the solid OLED market trajectory, we are continuing to build on the depth and breadth of our experience and know-how and are innovating and developing the best OLED emissive layer materials to enable our customers’ product roadmaps,” said Steven V. Abramson, president and CEO of Universal Display Corporation.