DuPont, UDC link on flat panel display technology

Dec. 16, 2002 — DuPont Displays and Universal Display Corp. (UDC) said they plan to jointly develop a new generation of organic light-emitting diode (OLED) materials and technology.

The Wilmington, Del.-based unit of DuPont and Ewing, N.J.-based UDC have signed a cross-license agreement, in which DuPont Displays will make an initial payment to UDC and pay a running royalty for products sold using UDC’s technology. The firms expect to use a subcontractor to make the materials, according to a news release.

The companies said they believe that UDC’s phosphorescent OLED technology and DuPont Displays’ expertise in polymer science and optical components will offer higher performance and lower costs than current methods. The partnership also could enable OLEDs, which are made using thin, nanostructured polymer films, to capture an increased share of the $30 billion flat-panel display market, the release said.

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