OLED with its ultrathin form factor and manufacturability on flexible substrates, means OLEDs can be made in almost any shape, and made transparent can emit light from both sides
Universal Display Corp. has announced a collaboration and evaluation agreement with OSRAM. Under the agreement, OSRAM will begin sampling Universal Display's proprietary PHOLED phosphorescent OLED materials for solid-state lighting applications.
According to Universal Display one of the key benefits of OLEDs is design flexibility. With its ultrathin form factor and manufacturability on flexible substrates, OLEDs can be made in almost any shape. OLEDs can also be transparent and can emit light from both sides of the device. All of these features open up a world of new design possibilities, as well as a new lighting experience. Other advantages of OLED lighting include: easy to control, lower operating temperatures, low drive voltage, instant "ON", dimmable without flicker, no glare, no noise and low UV content.
Steven V. Abramson, President and Chief Executive Officer of Universal Display, said, "We are pleased to be working with OSRAM, a global leader in lighting." Steven added, "Efficacy and color quality are key metrics in lighting. Universal Display's proprietary PHOLED technology offers superior efficiency compared to fluorescent OLED technology, which is a critical feature for energy-efficient lighting. We are delighted to be collaborating with OSRAM to help advance the promising future of OLED lighting into the automotive, residential and commercial markets."
About Universal Display Corp
Universal Display Corporation (Nasdaq: OLED) is a leader in developing and delivering state-of-the-art, organic light
emitting diode (OLED) technologies, materials and services to the display and lighting industries. Founded in 1994, the
Company currently owns or has exclusive, co-exclusive or sole license rights with respect to more than 3,600 issued and
pending patents worldwide. Universal Display licenses its proprietary technologies, including its breakthrough high efficiency UniversalPHOLED phosphorescent OLED technology that can enable the development of low power and ecofriendly displays and solid-state lighting. The Company also develops and offers high-quality, state-of-the-art
UniversalPHOLED materials that are recognized as key ingredients in the fabrication of OLEDs with peak performance. In addition, Universal Display delivers innovative and customized solutions to its clients and partners through technology transfer, collaborative technology development and on-site training.
Universal Display Corporation and the Universal Display logo are trademarks or registered trademarks of Universal Display Corporation. All other company, brand or product names may be trademarks or registered trademarks.
Source: Universal Display Corp
OSRAM, based in Munich, is a globally leading lighting manufacturer with a history dating back more than 100 years. The portfolio ranges from high-tech applications based on semiconductor technology, such as infrared or laser lighting, to smart and connected lighting solutions in buildings and cities. OSRAM had around 33,000 employees worldwide at the end of fiscal 2015 (September 30) and generated revenue of almost €5.6 billion in that fiscal year. The company is listed on the stock exchanges in Frankfurt and Munich (ISIN: DE000LED4000; WKN: LED 400; trading symbol: OSR).