LG Display to buy OLED materials from Idemitsu Kosan

LG Display says they have signed an agreement with Japan's Idemitsu Kosan for OLED materials. LG sees OLEDs growing rapidly, and they want a stable source for materials.

Idemitsu Kosan are also working with Sony and UDC on OLED display materials.

LG display plans to start making larger panels towards the end of 2009, and to sell OLED TVs in December 2009 or January 2010 in Korea. They expect the market to reach over 3B$ in 2010 (citing DisplaySearch numbers).

Posted: Jun 24,2009 by Ron Mertens