Technology Stocks : Universal Display
OLED 116.35+0.1%Aug 16 5:42 PM EDTNews

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: MorganBucks8/16/2017 10:44:32 AM
   of 129
AUGUST 25 is the point where any lack of a NEW Samsung agreement may start melting UD.share price and new long term agreement would signal a firming of share price. Samsung being UD's biggest customer, nothing else is of significance. Stay Tuned for the latest Bat News......

Aug 25, 2011

Samsung OLED

Universal Display and Samsung finally signed a long-term license agreement. Samsung will pay a fixed license fee (the amount was not disclosed, but we'll probably learn more soon) and will also purchase PHOLED materials from UDC - and this includes Green PHOLED as well (as we reported a while back Samsung will start using Green in their new 5.5-Gen fab). The current agreement will last till December 2017.

This is very good news for Universal Display (providing the financial agreement is sound of course) - as it validates the company's patents, which are facing challenges in several countries currently, including Korea.

Samsung's original license agreement was signed in 2005. Since then the companies kept extending the license for 3 months at a time.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

Copyright © 1995-2018 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.