Kodak has announced today that their agreement to sell the rights to OLED technology to LG Electronics is finally complete. There was rumor that LG plans to create a new branch called LG OLED in order to continue research and development, but LG has not officially announced any information yet. Now that LG has the rights to OLED technology, they do not have to ask for permission to use the technology for their devices. Some of the devices that LG has already developed include cell phones, house ware electronics, and HDTVs. LG is one of the first companies to release a OLED HDTV into the consumer market.
[via OLED Info]