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Universal Display and Sumitomo Chemical Sign Technology License Agreement for Solution-Processed OLED Lighting Devices

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EWING, N.J.--(BUSINESS WIRE)--Universal Display Corporation (Universal Display, Nasdaq: OLED) and Sumitomo Chemical Company, Ltd. (Sumitomo Chemical) today announced the signing of a new OLED Technology License Agreement. Under the agreement, Universal Display has granted Sumitomo Chemical non-exclusive license rights, under various patents owned or controlled by Universal Display, to manufacture and sell solution-processed organic light emitting diode (OLED) lighting products. The agreement ru

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