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Kodak and Sanyo hold many of the basic patents covering OELD technology and have worked together for several years to develop prototypes of such displays.
OELDs, which are also called organic light-emitting diodes, can handle fast-moving images and consume less power than LCDs, because they do not require a backlight. The technology is viewed by many as a future replacement for today's LCD technology
Monochrome OELDs are already being used commercially in some products, such as mobile phones and car radios, and Sanyo recently demonstrated a prototype 3G mobile handset with an OELD.