Idemitsu Kosan and LG Display expand their OLED technology alliance

Idemitsu Kosan and LG display entered into an expanded alliance to cooperate on OLED technologies. LGD aims to accelerate its OLED development and now have a license to use Idemitsu's OLED device patents.

Idemitsu has been collaborating with LGD on OLED technologies since 2009, and in 2010 Idemitsu acquired a 32.73% stake in Global OLED Technology (LG's OLED patent holdings company, acquired from Kodak's in December 2009).

Posted: Dec 11,2014 by Ron Mertens