May 30, 2008--Cambridge Display Technology (CDT; Cambridge, England), Sumitomo (Tokyo, Japan), and Novaled (Dresden, Germany) plan to co-develop hybrid organic light-emitting diode (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 agreement 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 polymer OLED (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.
"Novaled, with its Novaled PIN OLED technology, is a leader in high-efficiency OLED devices and a recognized supplier of specialised dopants and organic transport materials," says Gildas Sorin, CEO of Novaled. "We are pleased to contribute to the development of P-OLED devices and look forward to a successful collaboration with both CDT and Sumitomo Chemical. This co-development agreement is consistent with our strategy to promote our dopants in all organic electronic fields."
P-OLEDs have a number of intrinsic advantages over other display technologies. For example, P-OLED displays consists of polymer materials deposited on a substrate of glass or plastic, and do not require additional elements such as backlights or filters, and P-OLED technology is very energy efficient and lends itself to the creation of ultra-thin lighting displays that will operate at lower voltages. The resulting benefits include brighter, clearer displays with viewing angles approaching 180 degrees, simpler construction offering the potential for cheaper, more robust display modules, and ultra-fast response times allowing full color video pictures even at low temperature.
For more information, visit www.novaled.com.