Universal Display Corporation and LG Chem Announce Strategic OLED Host Partnership
Universal Display Corporation (OLED)
Last universal display corporation earnings: 2/20 04:08 pm
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Source: Business Wire
SEOUL, South Korea & EWING, N.J.--(BUSINESS WIRE)--Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, and LG Chem, Ltd., Korea’s largest diversified chemical company, today announced a strategic OLED host partnership. Expanding on its decade-long partnership, Universal Display (UDC) and LG Chem will work together to develop and commercialize red, green and yellow OLED host materials. LG Chem will be a local manufacturer of these host materials for specific customers in Korea. Financial terms of the partnership agreement were not disclosed.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190904005207/en/Yu Jiyung, President of Advanced Materials Company of LG Chem, said, “We expect synergy to be so great that two companies with the best technology in each field work together. We will produce emitting layer that has greatly improv
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