MANHASSET, N.Y. Universal Display Corp. has signed an agreement with Mitsubishi Chemical Corp. and Mitsubishi Chemical Group Science and Technology Research Center to collaborate on developing materials for phosphorescent OLED displays accessible through ink-jet printing.
Universal Display (Ewing, N.J.) has been researching a variety of OLED technologies, including phosphorescent OLED technologywhich the company said offers up to four times higher efficiency than conventional OLED technology.
"Collaborating with a world-class chemical company like Mitsubishi Chemical allows us to share ideas and help each other reach the next level of innovation for OLED materials based on our PHOLED phosphorescent OLED technology and Mitsubishi Chemical’s expertise in OLED chemicals and ink formulation," said Steven V. Abramson, president and chief operating officer of Universal Display, in a statement. “Mitsubishi Chemical’s commitment to printable phosphorescent OLEDs, which we call P2OLEDs, indicates that ink-jet printable PHOLED technology has real commercial potential.
Japan-based Mitsubishi Chemical announced at the end of last year it had built the highest-efficiency printable blue phosphorescent OLED. Mitsubishi Chemical expects to accelerate development of printable red, green and blue phosphorescent materials through the agreement.