Noctiluca has started a partnership with LG Display to start testing the company’s products by a partner, with the intention of using the company’s emitters by the partner in its own products, the company said. Noctiluca hopes to start a joint implementation project within 12-18 months.
“The deal with LG Display is a fundamental milestone in Noctiluca’s development. This fact confirms that the company is among the narrow elite of technological leaders in the OLED industry. In the ultra-modern and highly competitive Display industry (displays, screens), the MTA contract stage with technology giants such as LG does not reach over 90% of technology companies. The fact of starting cooperation with one of the largest electronic concerns in the world is not only a confirmation of the quality of our technology, but above all, the transition to the next stage of commercialization “- said Krzysztof Czaplicki, member of the management board of Noctiluca, quoted in the release.
LG Display is a South Korean company operating in the electronics and chemical industry. Noctiluca has signed an MTA agreement with LG Display, which is the world leader in OLED technology for the TV market, it said.
“Tests and evaluation of emitters is an important step on the way to expand the cooperation ultimately to the stage of a joint implementation project in the perspective of 12-18 months” – added Mateusz Nowak, director of business development at Noctiluca.