Universal Display held their annual shareholder meeting yesterday, during which the company announced it is changing its stock ticker from PANL to OLED (CDT's old ticker). They also launched a new web site domain at udcoled.com.
During the ASM, the company reviewed the recent business and financial developments. 2012 was a very successful year for UDC as net income more than tripled, operating income rose 141% and revenues were up 36% compared to 2011. Samsung finally adopted UDC's green PHOLED (emitter and host) for the GS4 smartphone and this is a very positive development for Universal Display.
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