UDC has signed a contract to license Samsung to use its OLED related technology

[High-tech LED News] Recently, South Korea's Samsung and UDC (Universal Display Corporation) announced that they have signed a cooperation agreement, UDC will authorize Samsung to use its OLED related technology.

Under the OLED patent license agreement, UDC licenses Samsung to use its patents to manufacture and sell some phosphorescent OLED display products. Samsung has also agreed to pay UDC fees to us until December 31, 2017.

In addition, according to the complementary OLED material purchase agreement, UDC has agreed to provide Samsung with a small amount of phosphorescent OLED materials for the production of Samsung OLED display products.

Founded in 1994, UDC is a supplier of OLED technology and materials, developing and supplying state-of-the-art organic light-emitting device technologies, materials and services for the display and lighting industries.

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