Universal Display signed a five-year OLED Technology License Agreement and Supplemental Material Purchase Agreement with Tianma Micro-electronics. Under the license agreement, UDC granted Tianma non-exclusive license rights to manufacture and sell OLED display products based on its IPs. UDC will also supply phosphorescent OLED materials to Tianma.

Tianma is currently producing AMOLED displays in low volume in its 5.5-Gen pilot fab in Shanghai (our own sources say that these displays are not commercial yet but will be so by the end of 2016). In May 2016 the company demonstrated flexible and rigid OLED prototypes, including a 5.5" 702p (270 PPI) flexible OLED prototype with a bending radius of 20 mm.

Tianma also demonstrated rigid glass-based AMOLEDs - a 5.5" HD (720x1280) On-Cell touch AMOLED, Tianma's first commercial OLEDs and a rigid 5.2" FHD AMOLED.

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