Universal Display has signed an extended contract with Japan Display on the supply of materials for OLED displays
On the website of Universal Display company, specializing in the development of technology and materials for OLED displays and lighting products, has reported the signing of an agreement with Japan Display. The agreement called the «expanded and updated».
Under the terms of the agreement, Universal Display will supply proprietary UniversalPHOLED materials, and appropriate technology for OLED displays in Japan Display.
The financial side of the agreement were not disclosed.
Somewhat earlier it was reported that Japan Display is going to deepen the restructuring and hopes to attract additional investment. The manufacturer acknowledged that with the delay involved in the OLED race, therefore, could not obtain an order for production of panels for Apple smartphones.
Source: Universal Display