Universal Display and LG Display signed a new long-term OLED technology license agreement and supplemental material purchase agreement. The agreement runs till December 31, 2022. Similarly to UDC’s agreement with Samsung ( signed in 2011 ), LGD gets non-exclusive license rights to manufacture and sell OLED displays, and will pay license fees and running royalties on its OLED product sales. UDC will also continue and supply phosphorescent materials for LG Display. Read more about Universal Display signs a long-term agreement with LG Display

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Universal Display signs a long-term agreement with LG Display