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Samsung Display and Universal Display Corporation Enter into Long-Term OLED Agreements

Universal Display Corporation announced the signing of long-term OLED material supply and license agreements with Samsung Display.

These agreements affirm that Universal Display Corporation will continue to supply its proprietary UniversalPHOLED phosphorescent OLED materials and technology to Samsung Display for use in its OLED displays. ]

The agreements are scheduled to run through December 31, 2027, and may be extended for an additional two-year period. Financial terms of the agreements have not been disclosed.

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