Universal Display Corporation purchased the worldwide patent portfolio from Fujifilm with more than 1.200 OLED patents for about 105 million dollars.

For more than 10 years, Fujifilm has conducted R&D in the OLED field, and, as a result, developed promising new technologies in OLED materials as well as devices using such materials, and obtained a strong patent portfolio covering such technologies.

The companies want also explore possible strategic relationships between this two companies.
Fujifilm will expand its business for the supply of Fujifilm’s highly functional materials, such as barrier films, conductive films and flexible substrates, to OLED manufacturers around the world, including Universal Display’s worldwide customer base. Fujifilm and Universal Display intend to strengthen and enhance their strategic alliance in the future.

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“We are much delighted to realize cooperation between Fujifilm, with its advanced OLED material technologies, and Universal Display, a leader in the OLED industry playing a central role, by this transfer of Fujifilm’s OLED patent portfolio.

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