Universal Display and Samsung announced another extension (till September 30, 2011) to their license agreement (that was announced back in 2005). Samsung will continue to use UDC's PHOLED materials in their AMOLED products, all the terms of the agreement will remain the same.

This is the fifth three-months extension between SMD and UDC - the companies still can't seem to negotiate a new agreement...

Samsung Electronics says that they have sold 3 million units of the Galaxy S II - just 55 days after its release. That's one unit per 1.5 seconds. The S II is Samsung's quickest selling phone - much faster than the Galaxy S which took 85 days to reach 3 million units.

The company originally planned to sell 10 million units in 2011, but it seems that they will surpass that number...

Update: This news is now official.

There are reports that Hitachi is in talks with Sony and Toshiba to join their upcoming small/medium display joint venture. The new company aims to be the world's largest producer of touch LCD displays, and will also develop and produce OLED displays.

Sony hybrid printed OLED prototype

Japan's government fund Innovation Network Corporation (INCJ) will fund the new company and own around 70%-80%. Originally they planned to invest around ¥100 billion (around $1.25 billion), but if Hitachi will join this may double to $2.5 billion. The extra money will reportedly be used to expand OLED capacity.

Last month we reported that the US DOE funded $1.2 million (out of $1.5 million) to a research at the University of Rochester aimed towards increasing the efficiency and light output of OLEDs by improving the device’s light extraction through the use of an internal scattering layer. Today we have some new information on that project.

The three-year effort aims to increase the light output of OLEDs by 3.5 times. The idea is to try and make the light within the OLED scatter randomly and then capture it in metal rods inserted into the organic diode. The researchers will collaborate with eMagin in this project.

SouthWest NanoTechnologies (SWeNT), a US company that produces single-wall and specialty multi-wall carbon nanotubes has been awarded a two-year, $500,000 grant from the Oklahoma Center for the Advancement of Science and Technology (OCAST) to develop semiconducting inks, based on its single-wall carbon nanotube (SWCNT) technology, suitable for printing thin film transistors (TFTs).

According to SWeNT's CEO, Dave Arther, the company will leverage its current NIST-TIP grant program to produce semiconductor grade SWCNTs, which will be converted into printable inks using proprietary V2V™ ink technology. The company's inks overcome two market barriers, commercial availability and compatibility with standard printing equipment.

Olympus' PEN E-P3 can now be pre-ordered from Amazon.com (for $899). You can also pre-order it in the UK for £799.99. The E-P3 is an interchangeable lens type digital camera with the world's faster auto-focus, a new 12.3mp Live MOS Sensor, Full-HD movie encoding and a 3" VGA OLED touch display.