On July 24, Fujifilm Corp. said it has sold more than 1,200 patents related to organic light-emitting diodes (OLEDs) to US lighting equipment manufacturer Universal Display Corp. (UDC), including some still awaiting approval. Patent.

It is reported that the value of the patent sale transaction is $105 million (about 8.2 billion yen). Fuji said that the sale of these patents will fund the company's research and development related materials.

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