France-based effusion cells and sources producer Riber reported its financial results for Q1 2020. Total revenues in the first quarter amounted to €5.3m, down 19% from last year.
Riber says that its OLED evaporator business did not generate any significant revenues "due to the lack of investment in the OLED screen industry". This is in line with Riber's previous quarters. In July 2019, Riber said it sees a freeze on investments in OLED screen production equipment following the major investments made in previous years, and said its order book for OLED evaporation systems is empty.