Update: Michelle from Kodak informed us that the message from Blog.wired is resulted from an old press release. There has been a computerized "reclycing error" which in speaking with our
Kodak PR division occurs occasionally from within the PR world. This is
not a result of a Kodak entry, but rather somewhere, someone made a refresh
on an old news article, which then gets picked up as new news within the
search engine.

This is the origingal message from 14 March 2008:Kodak LG Agreement

Eastman Kodak Company, a pioneer in organic light emitting diode technology (OLED), today announced an intellectual property cross-licensing agreement with LG Display Co., Ltd., of Korea, a world-class flat- panel display industry leader.

The license, which is royalty bearing to Kodak, enables LG Display to use Kodak technology, including yield-improving capabilities for Active Matrix OLED (AMOLED modules, in a variety of small to medium size display applications such as mobile phones, portable media players, picture frames, and small TVs. The agreement also enables LG Display to purchase Kodak's patented Oled materials for use in manufacturing displays. Financial terms of the agreement were not disclosed.

“We are pleased with the opportunity to expand our relationship with LG Display beyond the Joint Evaluation Agreement we announced in February 2006,” said Mary Jane Hellyar, President, Kodak Display Business, and Executive Vice President, Eastman Kodak Company. “As we said during our recent investor meeting, Oled is an important technology that will help fuel Kodak’s future growth. Our goal is to see AMOLED panels that have been co-developed continue to appear in the industry during 2008.”

“AMOLED is the newest generation of display technology and will compete in the full spectrum of size ranges,” said Andrew Sculley, General Manager and Vice President, Kodak’s Display Business. “AMOLED technology offers superior product performance, and ultimately low-cost manufacturing advantages. We’re proud and pleased that LG Display has chosen to incorporate our OLED technology to power a variety of innovative new consumer display products.”

Hyun He Ha, Executive Vice President and Head of Small & Medium Displays Business Unit at LG Display, said, “The agreement will help strengthen our small and medium size OLED business, and bolster our position in the large OLED market in the long run. We expect the win-win relationship to create vast synergy for the OLED business of both companies.”