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Universal Display Corporation and Plextronics Announce Strategic Alliance To Develop OLED Material Systems
Universal Display Corporation and Plextronics, Inc., is in the development and manufacture of printed electronics technologies, announced they have entered into a strategic alliance to accelerate the development and commercialization of solution-based OLED material systems incorporating Plextronics' hole injection and hole transport materials with Universal Display's phosphorescent OLED emissive layer materials. The companies entered into a three-year joint development agreement, and Universal Display made a $4 million investment in Plextronics.
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