Auto parts maker licenses Kodak technology

Summary:Eastman Kodak has licensed its next-generation display technology to Japan's No. 1 auto parts maker. Denso is the first auto parts maker to license Kodak's organic light emitting diode (OLED) technology. Kodak will receive a royalty from Denso for each device the company sells using OLED technology. In Denso's last fiscal year, the company had worldwide net sales of $16 billion. Denso will use the OLED technology in passive-matrix displays for automobiles, integrating the displays into dashboards, for example. The agreement also allows Denso to purchase Kodak's patented OLED materials. Financial terms of the deal were not disclosed. --Richard Shim, Special to ZDNet News

Eastman Kodak has licensed its next-generation display technology to Japan's No. 1 auto parts maker.

Denso is the first auto parts maker to license Kodak's organic light emitting diode (OLED) technology. Kodak will receive a royalty from Denso for each device the company sells using OLED technology. In Denso's last fiscal year, the company had worldwide net sales of $16 billion.

Denso will use the OLED technology in passive-matrix displays for automobiles, integrating the displays into dashboards, for example. The agreement also allows Denso to purchase Kodak's patented OLED materials.

Financial terms of the deal were not disclosed. --Richard Shim, Special to ZDNet News

Topics: Tech Industry

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