Business Context and Reporting Period
Company: Universal Display Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: January 6, 2011
Event Date: January 6, 2011
This filing reports the renewal of a Commercial Supply Agreement with LG Display Co., Ltd. (LGD), formerly LG.Phillips LCD Co., Ltd.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a contractual agreement renewal.
Material Changes
Agreement Renewal: On January 6, 2011, the Company renewed its Commercial Supply Agreement with LGD.
Effective Dates: The renewal is effective retroactively from December 31, 2010, the date the previous agreement expired.
New Term: The agreement now runs through June 30, 2011.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies beyond the execution of the supply agreement renewal.
Investor Verification Checklist
- Verify the specific terms and pricing within the renewed Commercial Supply Agreement with LGD, as they are not detailed in this 8-K.
- Confirm the strategic importance of LGD as a customer relative to the Company's total revenue.
- Monitor the expiration date of June 30, 2011, for potential future renewal or termination events.