Universal Display Corporation, recently 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 research and development initiatives in OLED materials and technologies.
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 Chief Executive Officer 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."
The new Hong Kong facility is being operated by the company's subsidiary, Universal Display Corporation Hong Kong, Inc., which was formed in 2008.
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Source: Universal Display Corporation