Konica Minolta and Universal Display Corp. announce OLED technology license agreement

Konica Minolta licenses Universal Display’s proprietary UniversalPHOLED and other OLED technologies to make and sell energy-efficient white OLED lighting products with novel design features and environmental benefits
 
Konica Minolta Holdings, Inc. (Konica Minolta), a company that leads the way in creating new value in the field of imaging, and Universal Display Corp., a major force behind today’s evolving displays and lighting with its UniversalPHOLED phosphorescent OLED technology, announced the signing of an OLED Technology License Agreement.  Under the agreement, Konica Minolta will be able to integrate Universal Display’s proprietary OLED technologies into Konica Minolta’s white OLED lighting products, thus securing Konica Minolta to accelerate commercialization and to strengthen the competitiveness of its white OLEDs.
White OLEDs offer a set of new performance features not possible from conventional incandescent bulbs and fluorescent lamps. Through the use of UniversalPHOLED phosphorescent OLED technology, white OLEDs should reduce energy consumption and lower the amount of byproduct heat, further reducing energy and environmental burdens.  White OLEDs are also environmentally benign, especially compared to mercury-containing fluorescent lamps and newer compact fluorescent lamps (CFLs).  Combining these important "green" features with a very thin, lightweight and durable form factor, white OLEDs offer significant new lighting design opportunities.
"We have been collaborating successfully with Universal Display in the OLED development for several years, and we are very much pleased that we have entered into the OLED Technology License Agreement with Universal Display today," stated Masatoshi Matsuzaki, chief technology officer of Konica Minolta Holdings.  "By incorporating the phosphorescent OLED technology of Universal Display with our own technologies, such as our blue phosphorescent material technology, multi-layer design technology, optical design technology and coating technology, we will further accelerate development and commercialization of OLED lighting."