Universal Display and Samsung finally signed a long-term license agreement. Samsung will pay a fixed license fee (the amount was not disclosed, but we'll probably learn more soon) and will also purchase PHOLED materials from UDC - and this includes Green PHOLED as well (as we reported a while back Samsung will start using Green in their new 5.5-Gen fab). The current agreement will last till December 2017.
This is very good news for Universal Display (providing the financial agreement is sound of course) - as it validates the company's patents, which are facing challenges in several countries currently, including Korea.
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