Idemitsu Kosan and LG display entered into an expanded alliance to cooperate on OLED technologies. LGD aims to accelerate its OLED development and now have a license to use Idemitsu's OLED device patents.
Idemitsu has been collaborating with LGD on OLED technologies since 2009, and in 2010 Idemitsu acquired a 32.73% stake in Global OLED Technology (LG's OLED patent holdings company, acquired from Kodak's in December 2009).
Posted: Dec 11,2014 by Ron Mertens