Eastman Kodak announced a licensing agreement with Tohoku Device. Tohoku Device plans to incorporate Kodak's organic display technology into white OLED modules for use as backlights in displays. Tohoku Device joins more than 15 companies that have licensed organic display technology from Kodak.
The royalty-bearing license enables Tohoku Device to use Kodak technology for OLED backlights in a variety of flat panel display applications and includes a cross license to Tohoku Device's patent portfolio. The agreement also gives Tohoku Device the opportunity to purchase Kodak's patented OLED materials for use in manufacturing displays. Financial details were not disclosed.