LG Display logoIdemitsu 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).

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