Universal Display Corporation of Ewing, New Jersey USA, announced a collaboration and evaluation agreement with Philips Technologie GmbH, Business Center OLED Lighting (“Philips”). The agreement follows on the heels of the company’s announcement late last week that the EU patent office invalidated one of the its patents. (Ref: article) Under this agreement, Universal Display will begin supplying Philips with its phosphorescent OLED (PHOLED) materials for solid-state lighting applications.
“We are delighted to announce this partnership with Philips, a global market leader in the lighting industry, to sample our PHOLED materials,” said Steven V. Abramson, president and CEO of Universal Display. “As demonstrated through the years, our PHOLED technology has the potential to maximize energy efficiency and contribute to high performance lighting devices.”