The company received a National Research Laboratory Program(NRLP) award to develop organic electro-luminescent display devices in 1998. After the establishment, the company has received a series of investment from various institutes including SKC in Oct. 2000, grant from the government in Dec. 2000, Carlyle Group, ImGo(Ericsson), SpringBoard Harper, IMM in July 2001, and from Carlyle Group, Investor Growth Capital Asia, JAFCO, SpringBoard Harper, CDIB, Asem Capital, and so forth in Sept. 2002.

NDC plans to use the investment to support its rapid expansion; to pursue research, development, and marketing opportunities in OLED technologies; and to further support future high-tech R&D efforts.