What They Say
UDC and LG Display have extended their long term OLED Technology License and Material Purchase Agreements for a further five years. UDC pointed out that the companies have had agreements for nearly two decades.
No details of the terms of the agreement were released.
What We Think
To be honest, this would have been a much bigger story if the firms hadn’t extended their agreement. UDC had flagged up previously that it has a number of these agreements due for renewal this year. (BR)
Stock Pickers still see UDC as being in a strong position. Click for higher resolution
