eMagin said they received a notification to stop shipments to three customers pending review of a possible wire bonding problem in a microdisplay. These customers (who supply systems to government programs that include eMagin OLED displays) have indicated that they will not accept eMagin displays until the issue has been resolved.

eMagin believes that upon completion of its review and with concurrence of the applicable customers, anticipated shipments of the Company’s products to such customers will resume shortly.

eMagin is going through a rough phase currently. 2013 was a very challenging year, the company evidently still needs to strengthen their manufacturing process and improve their financials.

Source: eMagin

Disclaimer: the author of this post holds some shares in eMagin



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