secwatch.observer — SEC 8-K summary
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Issuer:     UNIVERSAL DISPLAY CORP PA (OLED)
CIK:        0001005284
Form:       8-K
Filed at:   2022-12-05T23:59:59+00:00
Accession:  0000950170-22-026018
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Universal Display signs long-term OLED license and supply deal with Samsung Display through 2027
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- License and supply agreements run through Dec 31, 2027, with possible two-year extension.
- SDC will pay a license fee for rights to UDC's phosphorescent OLED patents over the term.
- SDC commits to minimum purchase of red and green dopants; UDC must meet supply requirements.
- Parties will continue discussions on commercial supply and license for blue phosphorescent materials.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005284/000095017022026018/0000950170-22-026018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005284/000095017022026018/oled-20221202.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-026018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer