Universal Display and LG Display extend their long-term IP and material agreement

Universal Display and LG Display announce that the two companies have extended their long-term material supply and license agreement. 

UDC PHOLED materials photo (2017)

UDC and LG Display have been collaborating for over 20 years, and this current agreement extends the one originally signed in 2007, and the last extension was signed in 2021. This is not a surprise, but UDC did not share any of the agreement's terms. 

 

Disclaimer: the author of this post holds shares in Universal Display

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Posted: Feb 26,2026 by Ron Mertens