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Grant non-exclusive license rights to manufacture and sell phosphorescent OLED lighting products
February 19, 2015
By: DAVID SAVASTANO
Editor, Ink World Magazine
Universal Display and OLEDWorks LLC, the leading U.S. OLED light engine and panel manufacturing company, announced the signing of a new OLED Technology License Agreement. Under the agreement, Universal Display has granted OLEDWorks non-exclusive license rights, under various patents owned or controlled by Universal Display, to manufacture and sell phosphorescent OLED lighting products. In return, OLEDWorks will pay Universal Display an upfront license fee and running royalties on its sales o...
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