Sharp and Universal Display Update and Extend OLED Material Evaluation Agreement

Universal Display Corporation headquartered in Ewing, New Jersey USA, reported that the company and display maker Sharp Corporation, have entered into an updated and extended evaluation agreement. Under the terms of the agreement, Universal Display will supply its proprietary UniversalPHOLED phosphorescent OLED materials and technology to Sharp Corporation for use in the Sharp’s OLED displays. Agreement details and financial terms have not been disclosed.

“We are pleased to extend and expand our collaborative partnership with Sharp, a pioneer in the display industry,” said Steven V. Abramson, president and CEO of Universal Display Corporation. “OLED technology is paving extraordinary paths for cutting-edge consumer display products. The growth of our relationship with Sharp highlights our strong position as a leading enabler in the OLED ecosystem with our highly-efficient, high-performing proprietary OLED technologies and UniversalPHOLED materials.”

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