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DuPont Sells OLED Lighting Business to LG Chem

April 5, 2019
The acquired assets related to DuPont’s soluble OLED technology, and certain equipment for the production of soluble OLED materials and devices.

DuPont Electronics & Imaging, Wilmington, DE, has completed the sale of its soluble organic light emitting diode (OLED) technology and associated assets to LG Chem, Ltd.

The press release announcing the completion of the sale said the assets included are intellectual property related to DuPont’s soluble OLED technology, and certain equipment for the production of soluble OLED materials and devices. The sale did not include assets or business associated with DowDuPont’s existing evaporative OLED business.

This division of DuPont is a global supplier of materials and technologies serving the semiconductor, advanced chip packaging, circuit board, electronic and industrial finishing, photovoltaic, display, and digital and flexographic printing industries.

Dupont Electronics & Imaging made news in the lighting market back in 2009 when it received a $2.25 million grant from the U.S. Department of Energy (DOE) to develop a solid-state lighting source using low-cost organic light emitting diode (OLED) solution-processing manufacturing techniques.