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Universal Display Extends OLED Material Supply, License Deal With LG Display

Benzinga·02/26/2026 13:39:12
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Universal Display Corporation (UDC) (Nasdaq: OLED), a global leader in energy-efficient OLED technologies and materials, today announced the extension of its long-term OLED material supply and license agreements with LG Display Co. Ltd., one of the world's premier innovators in display technology.

Building on more than 20 years of successful collaboration, the extended agreements reinforce a shared vision to accelerate OLED innovation and expand next-generation display applications worldwide. Under these agreements, Universal Display will continue supplying its industry-leading UniversalPHOLED® materials and OLED technologies to support LG Display's cutting-edge OLED product roadmap through UDC's wholly owned subsidiary, UDC Ireland Limited. Further details and financial terms of the agreements have not been disclosed.