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Universal Display (PANL) gains 3.6% after announcing a licensing deal with Pioneer for the use...

Universal Display (PANL) gains 3.6% after announcing a licensing deal with Pioneer for the use of its OLED technology in lighting products. Like a similar deal announced with Panasonic, the agreement calls for royalties on product sales. Universal Display's shares surged last month on a licensing deal with Samsung for OLED display products.
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