Fujifilm sells its worldwide OLED patent portfolio to Universal Display for US$105 MILLION

Fujifilm announced today that Universal Display has purchased the entire worldwide patent portfolio of more than 1,200 OLED patents and patent applications of Fujifilm for US$105 million. For more than 10 years, Fujifilm has conducted R&D in the OLED field, and, as a result, developed promising new technologies in OLED materials as well as devices using such materials, and obtained a strong patent portfolio covering such technologies.

As a leading company in the OLED industry with advanced technologies and a well-respected patent position in the OLED field, Universal Display is expanding its business for OLED materials and the licensing of its patented OLED technologies through this acquisition.

READ  Fujifilm new X-A3 mirrorless camera can shoot even without having to press the command dial or release button for great selfies