Printed from http://www.electronista.com

Kodak exits OLED business, cross-licenses with LG

updated 11:45 am EST, Fri December 4, 2009

Kodak hands OLED work to LG

Kodak today bowed out of making OLED displays. The optics company says it has decided to "tighten [its] investment focus" and has sold the assets behind the display technology to LG for an undisclosed amount of money. In return, the two companies have entered into a cross-licensing deal that will let either have access to each other's OLED-related patents.

The American company was the first to develop viable OLED, but it has been relatively hesitant to use it in its own products and primarily drew attention for its OLED Wireless Photo Frame last year. It's unknown what advantages LG will have as it has already been developing OLED, but acquiring the Kodak business can potentially accelerate the introduction of OLED TVs and displays for both phones and computers.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Sound Blaster Roar Bluetooth speaker

There could very well be a new king of the hill for Bluetooth speakers, with Sound Blaster's recent entry into the marketplace. Bringi ...

Kenu Airframe Plus

Simple, stylish and effective, the Kenu Airframe + portable car mount is the latest addition to Kenu's lineup. Released earlier this y ...

Plantronics Rig Surround 7.1 headset

Trying to capture the true soundscape of video games can be a daunting task. Looking to surround-sound home theater options, users hav ...

Sponsor

toggle

Most Commented

 
toggle

Popular News