Camera and imaging company Eastman Kodak has signed a licensing deal with LG Display Co that will allow the Korean flat panel TV maker to use Kodak technology in its products.
LG will pay royalties to Kodak as part of the deal, which gives LG Display the right to use Kodak organic light emitting diode (OLED) technology in applications such as mobile phones, portable media players, picture frames and small TVs.
The parties did not disclose the financial terms of the deal.
