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.