Universal Display announced today that Sharp has signed an extended and updated evaluation agreement. Under this new agreement, UDC will supply its phosphorescent OLED materials and technology to Sharp Corporation for use in the Company’s OLED displays. Details and financial terms of the agreement have not been disclosed.
Sharp recently confirmed that the company aims to start commercial OLED production in Q1 2018 in its Osaka fab and will introduce new smartphones with its own OLED in June or July of 2018. In October 2016 Sharp announced that it will invest $570 million and build OLED pilot lines at its plants in Osaka and in the Mie Prefecture.