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Global OLED Technology (GOT) signed a patent licensing agreement with LG Display. LG Display will pay royalties to GOT, and that's all we know about this agreement. It's a bit surprising because I always assumed LG Display already signed such an agreement years ago.

GOT was established in December 2009 when LG bought Kodak's OLED business (in a deal that was estimated at $100 million). GOT owns more than two thousand OLED related patents, and licenses them to other companies (for example PIOL and OLEDWorks). In 2010, Idemistu Kosan bought 32% of GOT.

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