Phosphorescent

UDC signed an OLED material evaluation agreement with Seiko Epson

 Universal Display announced that it has signed an OLED evaluation agreement with Seiko Epson. Under the agreement, Universal Display will supply its proprietary phosphorescent OLED materials and technology to Epson for AR/VR microdisplay applications.

Epson VM-40 OLED microdisplay based AR optical engine

Seiko Epson is producing OLED microdisplays (branded as Si-OLED) for many years. It's latest announced display is a 0.453-inch 1920x1080 panel. The company's displays are used in its Moverio series of AR smartglasses. The company is also developing optical design engines (its 4th-Gen one is pictured above).

Read the full story Posted: Jan 18,2023

Universal Display and Samsung Display sign a long-term material supply agreement

Universal Display announced that it has signed long-term OLED material supply and license agreements with Samsung Display. 

Universal Display PHOLED materials photo (2020)

These new agreements mean that UDC will continue and supply its PHOLED OLED emitter materials to Samsung Display. The agreements are scheduled to run through December 31, 2027, and may be extended for an additional two-year period. Financial terms of the agreements have not been disclosed.

Read the full story Posted: Dec 06,2022

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

Researchers develop the world's most efficient single-layer PHOLED emitter

Researchers from the Université de Rennes in France have developed a simplified PHOLED green emitter that achieves the world's highest efficiency in single-layer PHOLEDs - an EQE of 22.7%.

Simplified green single-layer phosphorescent OLED (Universite De Rennes)

The researchers, led by Prof. Cyril Poriel, say that the emissive layer was developed using a rational molecular design. The impact of the phosphorescent emitter on the ambipolarity of the charge transport is particularly evidenced and appear as a key concept in the high performance that was achieved.

 
Read the full story Posted: Oct 14,2022

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

Kyulux explains how narrow-spectrum Hyperfluorescence emission is more efficient than PHOLED emission

Second-generation OLED phosphorescence emission features an internal quantum efficiency of almost 100% - which would normally mean you cannot get more efficient than that.



As Kyulux explains in a recent post, though, phosphorescent suffers from a wide emission spectrum. In order to achieve a good color gamut (for which as narrow-spectrum emission as possible is best) display makers have to filter out the "tail" of the emission. This results in reduced brightness and efficiency.

Read the full story Posted: May 26,2022

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

On SEL's ExTET OLED device architecture

In 2016, Researchers from Japan's Semiconductor Energy Laboratory (SEL) announced a new OLED device architecture, called ExTET ('exciplextriplet energy transfer'), that can increase the performance of OLED devices. The technology was applied for a patent in 2011.

Conventional Vs. EXTeT OLED mechanisms (SEL)

The ExTET technology, which is a modification of the host material and the EML layer in phosphorescent OLED devices, have since been introduced to commercial AMOLED panels, increasing the efficiency and lifetime of the materials, while also lowering the drive voltage.

Read the full story Posted: Mar 04,2022

Universal Display reports its financial results for Q4 2021, hopes to have a commercial blue PHOLED by 2024

Universal Display reported its financial results for Q4 2021. Revenues for the quarter were $146 million, while net income was $46 million

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: Feb 24,2022