Business Wire: Novaled and Samsung Mobile Display sign a strategic cooperation agreement
Novaled, a leader in the organic light-emitting diode (OLED) field, has entered into a licensing and purchase agreement with Samsung Mobile Display (SMD), a global leader in the display industry. As part of the agreement, SMD has committed to purchase dopant materials used in the transport layers of its AMOLED display modules from Novaled for several years. In addition, Novaled will provide its proprietary PIN OLED® technology to SMD for use in the production of SMD’s AMOLED display modules.
“We are focused on developing innovative and state-of-the-art OLED technology, and so we have maintained a close cooperation with Novaled”
Since 2005, Samsung has cooperated with Novaled in the field of technologies and materials for advanced OLED products. Novaled’s latest agreement with SMD extends the use of Novaled’s high-performance OLED materials and proprietary PIN OLED® technology to SMD’s next generation of mobile AMOLED devices.
Novaled has developed several doping and transport materials that can be used in OLEDs to further enhance the advantages of Novaled’s PIN OLED® technology. As a result, these OLEDs have very low driving voltage and high substrate compatibility, while maintaining high power efficiency and long lifetime.
“Novaled materials are designed to deliver customer benefits, especially for mass-produced devices. Our latest agreement with SMD is further proof of our strong position in the research and development of OLED technologies and materials designed to enhance the performance of OLED products,” said Gildas Sorin, CEO of Novaled. “It also confirms our strategy to build successful and long-lasting business relationships with leading OLED display and lighting manufacturers.”
“We are focused on developing innovative and state-of-the-art OLED technology, and so we have maintained a close cooperation with Novaled,” said S.I. Cho, President and CEO of Samsung Mobile Display. “We are pleased today to extend our cooperation with Novaled through this agreement as we drive forward in this growth market.”