Universal Display, Fraunhofer IPMS sign agreement on OLED materials
In the two-year agreement, COMEDD will develop and fabricate energy-efficient, white OLED panels for market development. “The contract with Universal Display allows us to realize OLED lighting devices using the leading phosphorescent emitter technology", says Karl Leo, COMEDD director. "This is a key step toward increasing the efficiency of white OLED to levels where broad market acceptance can be reached.” Universal Display hopes that the agreement helps the company to accelerate the commercialization of energy-efficient white OLED lighting products.
According not only to Universal Display, OLED lighting has the potential to lower global energy demands and lessen the environmental impacts associated with lighting. PHOLED technology and materials, capable of achieving 100 percent internal quantum efficiency, have demonstrated up to a four-to-one power advantage over other OLED technologies, making their use critical for energy-efficient white OLED lighting the company says.
Recent advances in phosphorescent OLED lighting have been the key to enabling OLEDs to meet a variety of niche lighting performance targets and to demonstrate the potential for OLEDs to achieve general lighting targets established by the U.S. Department of Energy and others. In addition, OLED lighting may enable a range of new product concepts with innovative form factors, transparency, and flexibility.