Universal Display Establishes New State-of-the-Art Chemistry Laboratory in Hong Kong

Universal Display Corporation announced that the company has established a new facility in Hong Kong to build on and expand the company’s footprint in Asia. The facility will host a world-class chemistry laboratory to support the company’s expanding R&D initiatives in OLED materials and technologies.

The new Hong Kong facility is headquartered at Biotech Centre 2, Unit 319, No. 11 Science Park West Avenue, Phase Two, Hong Kong Science Park, Pak Shek Kok, Tai Po, New Territories, Hong Kong. Dr. Raymond Kwong, director, Universal Display Corporation Hong Kong, who has been with Universal Display since 2000, has relocated to Hong Kong to lead this expansion.

“We continue to make investments to advance our OLED technologies as well as to strengthen and broaden our line of OLED materials to support our customers in the fast growing OLED market,” said Steven V. Abramson, president and CEO of Universal Display. “In addition to expanding our presence in Korea and Japan, we believe that our new chemistry lab in Hong Kong will play an important role in supporting our development of high-performance materials for OLED displays and lighting.”

Universal Display is the recognized leader in high-performance, energy-efficient phosphorescent OLED technology and materials. With a comprehensive patent portfolio and technical expertise that covers these and an array of other OLED technologies worldwide, Universal Display licenses its state-of-the-art OLED technologies, sells its proprietary UniversalPHOLED materials, and provides customized technology development and transfer services to serve the specific needs of its OLED display and lighting customers. The new Hong Kong facility is being operated by the company’s subsidiary, Universal Display Corporation Hong Kong, Inc., which was formed in 2008.