Universal Display Corporation (UDC) announced the signing of long-term OLED material supply and license agreements with Tianma, a leading global manufacturer of flat panel displays.

Per the agreement, Universal Display will continue to provide its proprietary UniversalPHOLED phosphorescent OLED materials and technologies to Tianma through its wholly owned subsidiary, UDC Ireland Limited, supporting Tianma’s next-generation OLED displays. 

Further details and financial terms of the agreements were not disclosed.

These agreements reinforce the strong and enduring partnership between UDC and Tianma and underscore their shared commitment to advancing OLED technology worldwide. 

“We are pleased to extend our long-standing partnership with Tianma through these new agreements,” said Steven V. Abramson, President and Chief Executive Officer of Universal Display Corporation. “Tianma has been a key innovator in the small and medium display industry, and together we share a vision of advancing OLED technology to deliver sustainable, energy-efficient solutions for consumers worldwide. As UDC continues to broaden its presence in China, we look forward to deepening our collaboration with Tianma and driving innovation, leadership, and a brighter future for the global display ecosystem.”