UniPixel Inc has signed a joint development agreement with Samsung Electronics. Under terms of the agreement, the parties will collaborate on advancing the development efforts around UniPixels time multiplexed optical shutter (TMOS) display technology.

UniPixels TMOS display technology is targeted at leveraging a subset of the current LCD manufacturing process. It is claimed to offer the potential to lower the bill of materials manufacturing costs by as much as 60% in some cases, while improving performance characteristics including lower power consumption and increased brightness over existing LCD and OLED flat panel display technologies.

Reed Killion, president and CEO of UniPixel, said the agreement with Samsung will help establish a development platform for TMOS that leverages Samsungs technology development expertise, process development expertise, manufacturing and assembly expertise, as well as provide access to resources and infrastructure.