Novaled expands agreement with Samsung Mobile Display
6/29/2012 10:08 AM EDT
MANHASSET, NY -- Novaled has entered into a multi-year licensing and purchase agreement with Samsung Mobile Display to provide dopant materials used in the transport layers of its AMOLED display modules from Novaled.
In addition, Novaled will provide its proprietary PIN OLED technology to SMD for use in the production of SMD’s AMOLED display modules.
The agreement is the latest between the two companies. Samsung has cooperated with Novaled in the field of technologies and materials for advanced OLED products since 2005.
“We are focused on developing innovative and state-of-the-art OLED technology, and so we have maintained a close cooperation with Novaled,” said S.I. Cho, President and CEO of Samsung Mobile Display, in a statement.
Novaled, founded in 2001 as a spin-off of the Technical University and the Fraunhofer Institute of Dresden, offers OLED product manufacturers a proprietary technology, materials and expertise, and licenses and sells organic conductivity doping technology and materials for use in the commercial mass production of display products in the OLED industry.
Samsung Mobile Display Co., Ltd offers displays in AMOLED (Active Matrix Organic Light Emitting Diode) and LCD technologies.