Dave Savastano12.02.08
Universal Display Corporation, a key innovator behind today and tomorrow’s displays and lighting through its high-efficiency UniversalPHOLED technology, and SFC Co., Ltd., a fine chemicals manufacturer leading the edge of OLED materials, announced today that the companies have entered into a strategic business agreement to develop and commercialize highly-efficient phosphorescent OLED material systems.
Based on Universal Display’s proprietary UniversalPHOLED technology, Universal Display will support SFC’s development and marketing of phosphorescent hosts and other non- emitter materials that are matched to Universal Display’s phosphorescent OLED emitter materials. The companies will market and sell their respective materials that result from the SFC Co., Ltd collaboration. As part of the arrangement, SFC will transfer certain existing phosphorescent emitter materials to Universal Display, including manufacturing and sales of these materials.
“We are delighted to begin this collaboration with SFC, a highly respected Korean developer and manufacturer of OLED materials,” says Steven V. Abramson, president and CEO of Universal Display. “By combining our UniversalPHOLED emitter materials with SFC’s hosts and other OLED materials, we hope to further accelerate the availability of high-performance phosphorescent materials systems for manufacturers of
OLED display and lighting products.”
“We are quite certain that the cooperation provides both of us with solid and much bigger business potentials by the ideal combination of the key elements of competitiveness from two companies,” stated Dr. Yong-Kwan, Kim, CEO of SFC Co., Ltd. “We believe that the combined effect of SFC’s long-term accumulated capabilities about OLED material systems and UDC’s PHOLED emitter technology will deliver a wider range of advantages to our customers, contributing to push the market forward.”
Universal Display’s proprietary PHOLED technology offers up to four times higher efficiency than conventional OLED technology – a feature that is very important for today’s battery-operated cell phones and other portable devices, as well as for tomorrow’s large-area TVs and solid-state lighting products. Today, manufacturers are increasingly adopting phosphorescent OLED technology for this improved performance. Universal Display is marketing and selling its PHOLED emitter materials and licensing its PHOLED technology for commercial use and evaluation.
Based on Universal Display’s proprietary UniversalPHOLED technology, Universal Display will support SFC’s development and marketing of phosphorescent hosts and other non- emitter materials that are matched to Universal Display’s phosphorescent OLED emitter materials. The companies will market and sell their respective materials that result from the SFC Co., Ltd collaboration. As part of the arrangement, SFC will transfer certain existing phosphorescent emitter materials to Universal Display, including manufacturing and sales of these materials.
“We are delighted to begin this collaboration with SFC, a highly respected Korean developer and manufacturer of OLED materials,” says Steven V. Abramson, president and CEO of Universal Display. “By combining our UniversalPHOLED emitter materials with SFC’s hosts and other OLED materials, we hope to further accelerate the availability of high-performance phosphorescent materials systems for manufacturers of
OLED display and lighting products.”
“We are quite certain that the cooperation provides both of us with solid and much bigger business potentials by the ideal combination of the key elements of competitiveness from two companies,” stated Dr. Yong-Kwan, Kim, CEO of SFC Co., Ltd. “We believe that the combined effect of SFC’s long-term accumulated capabilities about OLED material systems and UDC’s PHOLED emitter technology will deliver a wider range of advantages to our customers, contributing to push the market forward.”
Universal Display’s proprietary PHOLED technology offers up to four times higher efficiency than conventional OLED technology – a feature that is very important for today’s battery-operated cell phones and other portable devices, as well as for tomorrow’s large-area TVs and solid-state lighting products. Today, manufacturers are increasingly adopting phosphorescent OLED technology for this improved performance. Universal Display is marketing and selling its PHOLED emitter materials and licensing its PHOLED technology for commercial use and evaluation.