It’s said that a U.S. subsidiary of Moser Baer India Ltd., Moser Baer Technologies Inc., has agreed with Universal Display Corporation on a Memorandum of Agreement for technology licensing, material supply and technology assistance to support Moser Baer Technologies’ initiatives in white OLED lighting.
Before this agreement, last year the two companies also received $4,000,000 from the U.S. Department of Energy to design and build the first white OLED lighting pilot manufacturing facility in the United States.
Under the agreement, Moser Baer Technologies will license Universal Display’s proprietary PHOLED and other OLED technologies and purchase Universal Display’s highly energy-efficient UniversalPHOLED materials for white OLED panel manufacturing.
In addition, the two companies will also work together in a five-year program to support Moser Baer’s manufacture of white PHOLED lighting products.