Arrowhead
Research announced today that its majority owned
subsidiary, Unidym,
has entered an agreement with a major liquid crystal display (LCD)
manufacturer to integrate carbon nanotube-based products into display
applications.
"The market for flat panel displays is over eighty billion
dollars annually, and we are now working with one of the
world’s leaders," remarked Art Swift, CEO of Unidym. "We
expect our products to reduce manufacturing costs and improve image
quality in flat panel displays."
Under the terms of the agreement, Unidym will work with the
customer to integrate its products into the customer’s
manufacturing process. Upon conclusion of the development effort, the
parties intend to enter a commercial relationship.