Visionox and UDC extend their long-term OLED supply and license agreements

Universal Display and Visionox announced that the companies extended their long-term OLED material supply and license agreements. The new agreement runs for five years - that's the only details of the new agreement that has been disclosed.

The original agreement between Visionox and UDC was signed in 2018.

Posted: Apr 23,2021 by Ron Mertens


Ron, what is your take on these recent contract extensions and UDC's new plant in Ireland?

Hey Joe, can you be a bit more specific? Obviously companies are still using and plan to continue using PHOLED materials - but as we don't know the exact terms of these agreements, we cannot say much...