Brief: Samsung Display, Universal Display Corp Enter Into Long-Term OLED Agreements

Universal Display

05/12/2022 12:45

Dec 5 (Reuters) - Universal Display Corp  OLED.O :
    * SAMSUNG DISPLAY AND UNIVERSAL DISPLAY CORPORATION ENTER
INTO
LONG-TERM OLED AGREEMENTS
    * UNIVERSAL DISPLAY - AGREEMENTS AFFIRM THAT CO TO CONTINUE
TO
SUPPLY UNIVERSALPHOLED PHOSPHORESCENT OLED MATERIALS AND
TECHNOLOGY TO SAMSUNG DISPLAY
    * UNIVERSAL DISPLAY CORP - AGREEMENTS ARE SCHEDULED TO RUN
THROUGH
DECEMBER 31, 2027, AND MAY BE EXTENDED FOR AN ADDITIONAL
TWO-YEAR PERIOD
    * UNIVERSAL DISPLAY CORP - FINANCIAL TERMS OF AGREEMENTS
HAVE NOT
BEEN DISCLOSED

Source text for Eikon:  ID:nBw1b9wGRa 
Further company coverage:  OLED.O 
 ((Reuters.Briefs@thomsonreuters.com;))