Friday, April 15, 2011

Universal Display expands presence in Japan with new subsidiary

EWING, USA: Universal Display Corp., enabling energy-efficient displays and lighting with its UniversalPHOLED technology and materials, announced that the company has established a new subsidiary in Japan to better serve and support the needs of the company’s OLED display and white lighting customers and partners in the country.

The new subsidiary, Universal Display Corporation Japan KK, is headquartered at 6-12 Nishi-Shinbashi, 1-Chome, Minato-ku, Tokyo 105-0003. As part of the growth in Japan, Universal Display is pleased to announce that Dr. Kentaro Harada has joined the new subsidiary as Key Technical Account Manager, Japan.

Energy-efficient OLED lighting, enabled by the company’s UniversalPHOLED technology and materials, is emerging as a market with significant growth potential in Japan over the next few years. The new Japanese subsidiary creates a foundation for expanding the company’s technical support and service capabilities in Japan, augmenting the ongoing business support that Ichiro Nakagawa and N’s Network, which is located at 7-10-6-704 Akasaka, Minato-ku, Tokyo 107-0052, have provided to Universal Display in Japan for more than a decade and a half.

“Establishing a subsidiary in Japan further demonstrates Universal Display’s commitment to providing comprehensive business and technical support to its OLED customers and partners in Japan,” said Ichiro Nakagawa, Universal Display’s Official General Representative. “With the OLED markets poised for growth, Universal Display is well positioned to expand its presence here to support our relationships with OLED display and white OLED lighting companies in Japan.”

“By establishing a subsidiary in Japan, Universal Display can now support its OLED customers and partners with enhanced technical interface and communications in Japan,” added Steven V. Abramson, president and CEO of Universal Display. “Following the formation of our Korean subsidiary, this office further extends the company’s footprint in Asia and better enables us to serve each of our display and lighting customers with our portfolio of proprietary OLED technologies, including our state-of-the-art UniversalPHOLED materials and technology.”

Universal Display is the recognized leader in phosphorescent OLED technology and materials. With a comprehensive patent portfolio and technical expertise that covers these and 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.

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