LG Display, Idemitsu Kosan Join Hand to Develop OLED Displays

LG Display Co Ltd announced that it has formed a strategic alliance with Idemitsu Kosan Co Ltd, a Japanese provider of OLED materials, to develop high-performance OLED displays. The two companies have signed a strategic memorandum of understanding (MOU) which includes technology development and cross licensing of patented OLED-related technologies.

The agreement secures LG Display a stable source of OLED materials including device structure proposals, allowing the company to reinforce research, development and manufacturing of OLED products. Its cooperation with Idemitsu will help accelerate the company’s OLED business, which is emerging as a new growth engine.

Idemitsu will benefit from the alliance by supplying high-performance OLED material to LG Display, a global display leader and cooperating in technology development and commercialization.

Dr Ahn, VP of OLED Business at LG Display, said the cooperation will help enhance the company's ability to respond to the mid- to large-sized OLED market for notebook PCs and TVs over the mid- to long-term.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<

Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.