CDT, Sumitomo Chemical and Novaled will collaborate to evaluate Novaled PIN OLED structures in Polymer OLED devices.
CDT, Sumitomo Chemicals and Novaled have agreed to collaborate under a joint development agreement to investigate the feasibility and benefits of new materials and Novaled PIN OLED(TM) structures in P-OLED devices.
CDT, Sumitomo and Novaled plan to co-develop hybrid OLED devices combining both new polymer emitting layers and doped electron transport layers. It is expected that these hybrid devices will offer further improvements in power efficiency without additional manufacturing complexity. The parties have reached an agreement on how IP generated during the JDA will be handled. Further, Novaled will grant a license to CDT enabling CDT to add necessary Novaled device IP to its existing and future licenses. Each company will remain responsible to market its own materials resulting from this co-development.
"CDT continues to focus its effort on supporting the P-OLED supply chain and is pleased to be involved in yet another joint development project which has the potential of bringing new materials and improved device performance to our licensees", says David Fyfe, CEO of CDT.
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