Universal Display and Osram Sign OLED Material Evaluation Agreement

Universal Display Corporation , enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, announced a collaboration and evaluation agreement with OSRAM, one of the world's leading lighting manufacturers. Under the agreement, OSRAM will begin sampling Universal Display’s proprietary PHOLED™ phosphorescent OLED materials for solid-state lighting applications.

Osram and Universal Display Corporation sign OLED material evaluation agreement. (Photo courtesy of Osram and UDC)  

One of the key benefits of OLEDs is design flexibility. With its ultrathin form factor and manufacturability on flexible substrates, OLEDs can be made in almost any shape. OLEDs can also be transparent and can emit light from both sides of the device. All of these features open up a world of new design possibilities, as well as a new lighting experience. Other advantages of OLED lighting include: easy to control, lower operating temperatures, low drive voltage, instant “ON”, dimmable without flicker, no glare, no noise and low UV content.

“We are pleased to be working with OSRAM, a global leader in lighting,” said Steven V. Abramson, President and Chief Executive Officer of Universal Display. “Efficacy and color quality are key metrics in lighting. Universal Display’s proprietary PHOLED technology offers superior efficiency compared to fluorescent OLED technology, which is a critical feature for energy-efficient lighting. We are delighted to be collaborating with OSRAM to help advance the promising future of OLED lighting into the automotive, residential and commercial markets.”

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