Financial

Japanese government and companies team up to develop OLED tech

oled — Thu, 10 Jul 2008 02:12:08 -0400

The Japanese government will team up with several Japanese companies to develop key-technologies for producing large-size OLED panels. The aim is to cut the development cost for the Japanese companies, to be better able to compete against Samsung and LG, and the Japanese government will pitch in around 32$M.

DisplaySearch Releases 2008 Edition of Small/Medium TFT LCD and AMOLED Product Plan Report

oled — Thu, 03 Jul 2008 02:20:29 -0400

DisplaySearch, the worldwide leader in display market research and consulting, has released the 2008 edition of its unique Small/Medium TFT LCD and AMOLED Product Plan Report, now updated to cover the 2008 - 2010 period. This report is the industry’s only research offering that describes the product plans of suppliers of small/medium displays.

This report delivers exceptional value to product managers, marketers and planners among suppliers and buyers of small and medium displays for applications such as mobile phones, PDAs, digital still camera, digital photo frames, mini-note PCs, portable navigation devices, automotive monitors and others. The report is also useful for related suppliers providing components like driver ICs, glass substrates or touch panels.

Samsung SDI to invest 530M$ in AMOLED production

oled — Mon, 30 Jun 2008 04:48:26 -0400

Samsung SDI has announced that they will invest 530M$ in AMOLED production, until mid-2009.

Sony has recently said they will invest 210M$ in their OLED production, and LG also investment plans (with no sum quotes). It seems like the OLED market is finally starting to race ahead, with everyone aiming for 2009...

CMEL gets 21M$ from parent CMO for a new AMOLED production line

oled — Tue, 03 Jun 2008 01:27:40 -0400

According to Digitimes, CMO invested 645$NT (~21M$) in CMEL, for a new AMOLED production line.

CMEL is introducing medium-sized AMOLED panels (4.3" and larger).

eMagin Reports First Quarter 2008 Financial Results

oled — Thu, 15 May 2008 23:53:17 -0400

Revenue for the three months ending March 31, 2008, of $2.7 million represent a decrease of 26% compared to the same period of 2007. Revenue for the first quarter was affected by a temporary production issue that occurred at the end of 2007 and certain government billings that were expected in the first quarter were not invoiced until the second quarter. Revenue for the second quarter is expected to approximate $4 to $5 million.

DOE offers up to $7.5 million for LEDs and OLEDs lighting projects

oled — Fri, 09 May 2008 01:11:45 -0400

The US Department of Energy (DOE) has announced a $7.5 million core technology research (round 5) funding opportunity as part of its Solid State Lighting (SSL) program. The OLED 3 areas of interest are: High Efficiency OLED Materials and Structures,OLED Encapsulation and Substrates and OLED Fabrication.

DOE anticipates making ~5-10 awards for specific advances in LED and OLED lighting under this round and says that awards will not exceed $600,000 per year for up to 3 years. The closing date for applications is June 19.

UDC Announces First Quarter 2008 Financial Results

oled — Fri, 09 May 2008 00:58:38 -0400

For the first quarter of 2008, the Company reported a net loss of $4,193,385, or $(0.12) per diluted share, versus a net loss of $4,583,801, or $(0.15) per diluted share, for the first quarter of 2007.

Revenues for the first quarter of 2008 were $2,716,819, compared to $3,014,630 for the first quarter of 2007. Commercial revenue, which includes commercial chemical revenue, license fees and royalty income, increased to $1,555,065 for the first quarter of 2008, from $1,440,900 for the first quarter of 2007. Developmental revenue, which includes contract research revenue, technology development revenue and development chemical sales, decreased for the first quarter of 2008 to $1,161,754, compared to $1,573,730 for the first quarter of 2007. Universal Display believes these revenue categories, which now combine accounts previously reported separately, better reflect the Company’s business strategies and activities.

eMagin Reports 2007 Results, shows 115% Revenue Growth

oled — Sun, 13 Apr 2008 01:02:56 -0400

eMagin Corporation has issued financial results for its fiscal year and fourth quarter ending December 31, 2007. The results show record revenues with year-over-year results improving by 115% for the full year of 2007.

Financial Summary:

LG Display to produce AMOLEDs "this year", with massive investment

oled — Wed, 09 Apr 2008 01:30:11 -0400

LG Display will start mass-production of Active Matrix (AM) Organic Light Emitting Diode (OLED) within this year. CEO Young-soo Kwon of LG Display will report the strategy to CEO Bon-moo Koo of LG Group, which signals that the company plans to make a massive investment for the strategy on the group level.

Rohm and Haas Company Acquires Gracel Display

oled — Mon, 07 Apr 2008 12:32:02 -0400

Rohm and Haas Company has acquired Gracel Display - a leading developer and manufacturer of OLED materials. The transaction, worth approximately $40 million, gives Rohm and Haas controlling interest in South Korea-based Gracel.

The acquisition of Gracel and its portfolio of OLED materials broadens Rohm and Haas’s growing Display Technologies business. Rohm and Haas manufactures TFT (thin film transistor) photoresists and related materials as part of its Display Chemicals group, and added Optical Display Films when it acquired Eastman Kodak's Light Management Films business in June 2007. Rohm and Haas launched SKC Haas Display Films in December 2007, a new joint venture that develops and manufactures advanced films and filters for LCD and plasma displays. Including the acquisition of Gracel, Rohm and Haas has invested $270 million during the last 12 months to build its Display Technologies business unit.