Idemitsu Kosan and Universal Display Announce Collaboration to Accelerate Development of Blue Phosphorescent OLED Materials

Idemitsu Kosan Co., Ltd. and Universal Display Corporation have announced that they have signed a non-exclusive collaboration agreement to accelerate the development of blue phosphorescent OLED materials.  The collaboration will focus on blue phosphorescent OLED materials for use in displays fabricated through “dry” processing methods, such as vacuum thermal evaporation.  The collaboration work will start between Universal Display and Idemitsu Kosan immediately after execution of their agreement.

To date, Idemitsu Kosan has been developing and commercializing mainly excellent fluorescent OLED materials (blue, green and red).  Idemitsu Kosan is now supplying these materials to OLED display manufacturers throughout the world.  Idemitsu Kosan is especially well-known for its blue fluorescent OLED material, which currently has the top market share in the world.

Universal Display is a leading developer of OLED technologies and materials, and holds basic patents on phosphorescent OLEDs.  Many OLED display manufacturers are now evaluating Universal Display’s PHOLED™ phosphorescent OLED technology and its red and green PHOLED materials, and Universal Display’s red PHOLED material is currently being used in commercial production.