Researchers suggest using a wearable blue OLED device to treat neonatal jaundice

Researchers from Korea's KAIST institute developed a fabric-based wearable patch that uses a blue OLED device to treat jaundice in newborns.

Blue OLED treatment for neonatal jaundice (KAIST)

The researchers say that phototherapy is the most widely used treatment for neonatal jaundice, as it is a safe and effective to transform the bilirubin that is accumulated in the body and release it. When the bilirubin concentration is too high, the doctors treat newborns with blue light in an incubator. The new device can be used to treat high levels of bilirubin, without the need for an incubator.

Read the full story Posted: Nov 23,2022

UDC reported excellent financial results for Q3 2022

Universal Display reported its financial results for Q3 2022, with revenues revenues reaching a record high of $161 million, and a net income of $53 million. The company reiterated its forecast for 2022, with revenues of approximately $600 million, plus or minus $10 million.

UDC RGB PHOLED materials photo

Looking ahead, UDC remains positive of the OLED industry, but the near-term OLED demand may fluctuate due to uncertainties in the macro economy. UDC sees 2024 as a "pivotal year" for the OLED industry, with several new 6-Gen and 8-Gen OLED fabs due in that year.

Read the full story Posted: Nov 04,2022

Computing material properties for OLED device simulations

This is a sponsored post by Nanomatch

To enable efficient design and improvement of OLED materials and device, the Nanomatch
software computes material properties and parameters such as HOMO, LUMO, excitation spectra,
transition moments, etc. from first principles.

Ab-initio simulation of blue OLEDs, Nanomatch

Recent improvements in the ab-initio computation of material parameters enable the accurate
computation of IV and EQE of state-of-the-art OLED devices. This was demonstrated for a recently
reported exceptionally stable blue OLED.

Read the full story Posted: Aug 22,2022

UDC reports its financial results for Q2 2022, lowers its 2022 guidance

Universal Display reported its latest financial results, for Q2 2022, with revenues of $136.6 million, an operating profit of $53.3 million and a net income of $41.5 million. These results were less than expected by analysts. The company ended the quarter with $834 million in cash and equivalents.

Universal Display PHOLED materials photo (2020)

UDC's 2021 revenues were a record high of $554 million, with a net profit of $184 million. UDC expects the OLED industry to continue to grow in 2022, and the company believes its revenues in 2022 will be between $625 million to $650 million (an increase of 12% - 17%).

Read the full story Posted: Aug 05,2022

DSCC: OLED material sales to reach almost $3 billion by 2026

DSCC updated its OLED material market data, and it now sees AMOLED stack material revenues growing at a 18% from 2020 ($1.07 billion) to 2026 ($2.9 billion). If UDC actually manages to release a commercial blue PHOLED, the market could even exceed $3 billion.

OLED material revenues by application (2019-2026, DSCC)

The majority of OLED material revenues from from TV applications, but the market share of mobile devices is expected to grow and reach almost 50% by 2026.

Read the full story Posted: Jul 07,2022

Samsung Display acquires TADF material developer Cynora

According to reports, Samsung Display acquired OLED material developer Cynora, for about $300 million. Samsung acquires just the IP and technology, and Cynora terminated its entire workforce a couple of weeks ago. Samsung is already an investor in Cynora, and so is LGD.

Cynora cyUltimateGreen TADF testing kit photo

Cynora has been low on cash (its last financing round was in 2019), according to reports, and did not manage to find new investors, and so the company opted to be sold to Samsung. The reported sum seems to be rather high for an emergency exit, and some later reports quotes much lower sums, perhaps even around $30 million or so.

Read the full story Posted: Jun 29,2022

LG Chem starts to supply blue OLED host materials to BOE

Reports from Korea suggest that BOE has decided to adopt LG Chem's blue host material in its AMOLED displays, replacing its current supplier, Idemitsu Kosan.

LG Chem has been focused on soluble OLED materials, and it acquired Dupont's soluble OLED IP in 2019. But in recent years it has started to develop evaporation OLED materials, and it has now secured the design win at BOE. It is understood that BOE chose LG Chem over Idemitsu as its materials offer longer lifetime and lower costs.

Read the full story Posted: Jun 23,2022

Kyulux says it is on track to commercialize green Hyperfluorescence materials in 2023, red and blue in 2024

Kyulux gave a very upbeat presentation at SID Displayweek, during which it updated on its latest material specification and its commercialization plans.

Kyulux RGB material performance (SID Displayweek 2022)

Kyulux managed to increase the lifetime of its Hyperfluorescence emitter systems (which features an IQE of 100% and a narrow emission spectrum) quite dramatically in the past year its green material now offers a lifetime of 59,000 hours (LT95@1000 nits, top emission), while the red material is at 20,000 hours. The blue material has also increase from280 hours to 450 hours in the past year.

Read the full story Posted: May 21,2022

Idemitsu Kosan developed the world's most efficient fluorescent blue OLED emitter system

Idemitsu Kosan announced that it has developed the world's most efficient blue fluorescence OLED emitter system. Idemitsu's new system achieves an EQE of 14% (at current density of 10 mA/cm2), a lifetime of over 400 hours (LT95 @ 50 mA/cm2) and a color point of (0.14,0.08).

The new material system uses a tandem structure of two blue OLED emitter layers. Idemitsu says that by separating the region that causes charge recombination and utilizing TTF (Triplet-Triplet Fusion) it managed to achieve the high light output.

 

Read the full story Posted: May 17,2022

UDC reported excellent financial results for Q1 2022

Universal Display reported its financial results for Q1 2022, with revenues of $150.5 million and a net income of $50 million. UDC's results were better than expected as the adoption of OLED displays increases in AR/VR, smartphones, foldables, TVs, IT and automotive markets.

UDC RGB PHOLED materials photo

UDC reiterated its estimation that it will be ready to introduce a commercial blue PHOLED material to the market in 2024.

Read the full story Posted: May 06,2022