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So what: For years, Samsung had been hedging its bets by signing only three-month extensions. Now, Universal Display can more confidently plan production of OLED technology for use in Samsung screens.
Now what: The deal is also apparently better. Rather than per-unit royalties -- a common risk-reducing measure in the early stages of a supplier relationship -- Universal Display will now be paid an upfront license fee. The implication? The company's OLED technology has proven itself. Don't be surprised if LG Display
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