Universal Display (PANL +0.1%) has bought 1,200 patents and applications from Fujifilm related...

|About: Universal Display Corporation (OLED)|By:, SA News Editor

Universal Display (PANL +0.1%) has bought 1,200 patents and applications from Fujifilm related to OLED display technology for $105M. The purchase strengthens PANL's position as the OLED market's main technology provider, and is accompanied by a partnership that will result in Fuji providing materials to OLED manufacturers. Separately, KeyBanc predicts PANL will report a strong Q2 on August 8, thanks partly to Samsung's growing OLED smartphone sales.