Seiko Epson, UDC sign technology R&D pact

Japan-based Seiko Epson Corp. and Universal Display Corp. (UDC) have signed a technology R&D program for the latter's phosphorescent OLED (PHOLED) intellectual property.

According to UDC President Steven Abramson, Epson is reputed for its experience in the ink-jet printing of OLED technology and its development of the first 40-inch OLED television. "We believe that the brightness, long lifetime and power efficiency of our technology, along with Epson's ink-jet printing expertise, will accelerate the development of large-area OLED displays for televisions," he said.

Shoichi Iino, Epson OLED business director, added, "This agreement allows us to further advance our core technologies and fulfill our vision of commercializing cost-effective, high-performance OLED displays."