OLED technology has transformed the display industry, enabling thinner, lighter, efficient and flexible displays, with superb image quality than ever before. The journey from laboratory discovery to mass-market dominance is marked by a series of pivotal moments. Here, we explore five of the most significant milestones that shaped the OLED landscape, followed by a look at other critical achievements and what the future may hold for the OLED industry and market.
1. The original Kodak OLED moment (1987)
The story of OLED began in 1987 at Eastman Kodak, where Ching Tang and Steven Van Slyke built the first operational OLED device. Their breakthrough combined modern thin-film deposition techniques with suitable organic materials to create a double-layer OLED that could emit light efficiently at low voltages. This foundational work proved that organic materials could be used to make practical light-emitting devices and laid the groundwork for decades of innovation. Kodak continued to develop OLED technologies, until it sold its entire OLED IP to LG for $100 million in 2009.
2. The invention of PHOLEDs and the founding of Universal Display Corporation (UDC, 1994-1998)
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