Samsung Mobile Display and Unviersal Display Corporation Sign 6-Year Agreement
Aug 23, 2011 Universal Display Corporation (UDC), an organic LED manufacturer, and Samsung Mobile Display (SMD) have a long history of business deals between the two companies. The most recent and committing one is a licensing and sales deal to last six years.
SMD and its parent company have for the past eleven years worked with UDC to develop OLED technology, though up until the latest round of agreements AMOLED screens were mainly used in mobile devices. However, Samsung is now developing larger OLED displays for use in televisions.
As announced by Soo In Cho, president and CEO of SMD, a primary expectation from this new closer partnership is that OLEDs will be the "mainstream display products."
Aspects of this agreement include phosphorescent OLEDs, such as SMD paying Universal Display a license fee during the course of the agreement. There is also the deal for UDC to supply Samsung with certain amount of phosphorescent OLED material, depending on how much the company needs. Interestingly enough, UDC is also in the midst of patent disputes with another company over its organic vapor jet printing deposition technology.
A likely reason why Samsung is interesting in popularizing OLED screens is because they are generally a far better future option than LCDs. OLEDs have "better color saturation, darker blacks and better energy efficiency," with the ability to be thinner and lighter than LCDs.
Author: Rebecca Milne
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