Universal Display Corporation

Organic Electronics Market worth $142.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, June 27, 2023
Electronic shelf label, Communication, Panel, Merck Group, LCD, Investment, USB On-The-Go, OLED, Radio frequency, Samsung Display, Commercial, Region, Sony, Television, Component, AUO Corporation, Electronics, Smartphone, Research, LED, BASF, System, Display device, RFID, BOS, LG Display, Universal Display Corporation, Computer, Automotive industry, Carbon, Tablet, Digital signage, Silicon, Radio, Compound, Printing, Product type, Quantum dot, Radio-frequency identification, MicroLED, BIPV, BASF SE, Consumer electronics, M192 Lightweight Ground Mount, Printed circuit board, Video game, Renewable energy, Public utility, Vertical, Application, Geography, Smartwatch

Consumer electronics is the largest market for organic electronics.

Key Points: 
  • Consumer electronics is the largest market for organic electronics.
  • Televisions are another significant application area for organic electronics in the consumer electronics market.
  • North America is likely to account second-largest market share in the global organic electronics market during the forecast period.
  • During the forecast period, North America is expected to hold the second-largest market share in the organic electronics market.

Organic Electronics Market worth $142.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, June 27, 2023
Electronic shelf label, Communication, Panel, Merck Group, LCD, Investment, USB On-The-Go, OLED, Radio frequency, Samsung Display, Commercial, Region, Sony, Television, Component, AUO Corporation, Electronics, Smartphone, Research, LED, BASF, System, Display device, RFID, BOS, LG Display, Universal Display Corporation, Computer, Automotive industry, Carbon, Tablet, Digital signage, Silicon, Radio, Compound, Printing, Product type, Quantum dot, Radio-frequency identification, MicroLED, BIPV, BASF SE, Consumer electronics, M192 Lightweight Ground Mount, Printed circuit board, Video game, Renewable energy, Public utility, Vertical, Application, Geography, Smartwatch

Consumer electronics is the largest market for organic electronics.

Key Points: 
  • Consumer electronics is the largest market for organic electronics.
  • Televisions are another significant application area for organic electronics in the consumer electronics market.
  • North America is likely to account second-largest market share in the global organic electronics market during the forecast period.
  • During the forecast period, North America is expected to hold the second-largest market share in the organic electronics market.

Universal Display Corporation Holds Virtual 2023 Annual Meeting of Shareholders

Retrieved on: 
Thursday, June 15, 2023
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Universal Display Corporation (Nasdaq: OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today held its Virtual 2023 Annual Meeting of Shareholders.

Key Points: 
  • Universal Display Corporation (Nasdaq: OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today held its Virtual 2023 Annual Meeting of Shareholders.
  • This new wave of capacity builds is expected to drive significant growth and momentum in the OLED industry and for us.”
    During the annual meeting, shareholders voted on the five proposals described in the Company’s proxy statement for the meeting.
  • The virtual annual meeting was broadcasted over the Internet.
  • An online archive of the meeting will be available on the events page of the Company's Investor Relations website at ir.oled.com .

Universal Display Corporation to Hold Virtual 2023 Annual Meeting of Shareholders

Retrieved on: 
Thursday, June 1, 2023
Consumer Electronics, Technology, Professional Services, Semiconductor, Research, Nanotechnology, Alternative Energy, Energy, Science, Hardware, Finance, Online, Lighting, Annual Meetings of the International Monetary Fund and the World Bank Group, Universal Display Corporation, UDC, Annual general meeting, Company secretary, OLED, Internet, Television, Online shopping

Universal Display Corporation (Nasdaq: OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, will hold its 2023 Annual Meeting of Shareholders in a virtual-only format beginning at 10:00 A.M. Eastern Time on Thursday, June 15, 2023.

Key Points: 
  • Universal Display Corporation (Nasdaq: OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, will hold its 2023 Annual Meeting of Shareholders in a virtual-only format beginning at 10:00 A.M. Eastern Time on Thursday, June 15, 2023.
  • To attend and participate in the Annual Meeting, shareholders of record as of the close of business on April 10, 2023, will need to visit www.virtualshareholdermeeting.com/OLED2023 and log in using the 16-digit control number found on their proxy card, voting instruction form or notice of internet availability.
  • Guests may attend the 2023 Annual Meeting in a listen-only mode.
  • Participants should allow plenty of time to log in prior to the start of the Annual Meeting.

Universal Display Corporation to Showcase Phosphorescent OLED Advances and Organic Vapor Jet Printing Milestone Achievements at SID Display Week 2023

Retrieved on: 
Monday, May 22, 2023
Consumer Electronics, Technology, Professional Services, Semiconductor, Research, Nanotechnology, Alternative Energy, Energy, Science, Hardware, Finance, Lighting, DNA, Session, Society, VTE, OLED, Booth, Universal Display Corporation, USB On-The-Go, PHOLED, Los Angeles Convention Center, SID, UDC, International Symposium on Fluorous Technologies, Exhibition, Society for Information Display, Conference, Television

Universal Display Corporation (Nasdaq: OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced that it will showcase the Company’s latest advances in phosphorescent OLED (PHOLED) and organic vapor jet printing (OVJP) at the Society for Information Display (SID) Display Week 2023 International Symposium, Seminar and Exhibition being held from May 21-26.

Key Points: 
  • Universal Display Corporation (Nasdaq: OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced that it will showcase the Company’s latest advances in phosphorescent OLED (PHOLED) and organic vapor jet printing (OVJP) at the Society for Information Display (SID) Display Week 2023 International Symposium, Seminar and Exhibition being held from May 21-26.
  • The importance of narrow lineshape is to continue the advancement of increasing energy efficiency in addition to achieving enhanced color gamut.
  • “We are pleased to share our latest leading-edge phosphorescent material data and showcase significant milestone achievements with our groundbreaking organic vapor jet printing system at SID Display Week.
  • Session 65: OLED Physics II (OLEDs), where Dr. Nicholas Thompson of Universal Display will be the Session Chair on Thursday, May 25th at 10:40 AM PT.

Universal Display Corporation and PPG Celebrate Opening of State-of-the-Art OLED Manufacturing Site in Shannon, Ireland

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Thursday, May 18, 2023
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Universal Display Corporation (Nasdaq: OLED) (UDC) and PPG (NYSE: PPG) today officially opened a new state-of-the-art organic light-emitting diode (OLED) manufacturing facility in Shannon, Ireland.

Key Points: 
  • Universal Display Corporation (Nasdaq: OLED) (UDC) and PPG (NYSE: PPG) today officially opened a new state-of-the-art organic light-emitting diode (OLED) manufacturing facility in Shannon, Ireland.
  • View the full release here: https://www.businesswire.com/news/home/20230517005788/en/
    Universal Display Corporation and PPG's new state-of-the-art OLED manufacturing site in Shannon, Ireland.
  • Universal Display Corporation and the Universal Display Corporation logo are trademarks or registered trademarks of Universal Display Corporation.
  • Universal Display Corporation disclaims any obligation to update any forward-looking statement contained in this document.

Universal Display Corporation Announces First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 3, 2023
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Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today reported financial results for the first quarter ended March 31, 2023.

Key Points: 
  • Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today reported financial results for the first quarter ended March 31, 2023.
  • “Our first quarter results were in-line with our expectations and we are reaffirming our full year 2023 outlook,” said Brian Millard, Vice President and Chief Financial Officer of Universal Display Corporation.
  • Revenue from material sales was $70.2 million in the first quarter of 2023 as compared to $86.7 million in the first quarter of 2022.
  • Operating income was $45.4 million in the first quarter of 2023 as compared to $62.3 million in the first quarter of 2022.

Universal Display Corporation Acquires Merck KGaA, Darmstadt, Germany’s Phosphorescent OLED Emitter Intellectual Property Assets and Enters into Multi-Year Collaboration Agreement

Retrieved on: 
Wednesday, May 3, 2023
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Universal Display Corporation (Nasdaq: OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, announced today that through its wholly-owned subsidiary UDC Ireland Limited, UDC has acquired the Phosphorescent OLED Emitter Intellectual Property (IP) assets of Merck KGaA , Darmstadt, Germany, a leading science and technology company.

Key Points: 
  • Universal Display Corporation (Nasdaq: OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, announced today that through its wholly-owned subsidiary UDC Ireland Limited, UDC has acquired the Phosphorescent OLED Emitter Intellectual Property (IP) assets of Merck KGaA , Darmstadt, Germany, a leading science and technology company.
  • In addition, Universal Display Corporation and Merck KGaA, Darmstadt, Germany, entered into a new multi-year collaboration agreement that pertains to UDC’s leading-edge green and yellow phosphorescent emitters and Merck KGaA, Darmstadt, Germany’s state-of-the-art transport and host materials to create advanced PHOLED stacks.
  • “We believe that our triplet emitter IP and know-how seamlessly fits into UDC’s comprehensive intellectual property library and that these assets will be well maximized in their research and development programs.
  • The new partnership with UDC is a strategic move towards accelerating the growth of our OLED business.

Universal Display Corporation Announces Quarterly Cash Dividend of $0.35 per Share

Retrieved on: 
Wednesday, May 3, 2023
Consumer Electronics, Technology, Professional Services, Semiconductor, Research, Nanotechnology, Alternative Energy, Energy, Science, Hardware, Finance, Lighting, Universal Display Corporation, OLED, Holding company

Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced that its Board of Directors approved a second quarter cash dividend of $0.35 per share on the Company's common stock.

Key Points: 
  • Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced that its Board of Directors approved a second quarter cash dividend of $0.35 per share on the Company's common stock.
  • The dividend is payable on June 30, 2023, to shareholders of record on June 16, 2023.
  • The dividend reflects our expected continued cash flow generation, and commitment to return capital to our shareholders.
  • Future dividends will be subject to Board approval.

Universal Display Corporation Announces First Quarter 2023 Conference Call

Retrieved on: 
Wednesday, April 12, 2023
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Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced its results for the first quarter, ended March 31, 2023, will be released on Wednesday, May 3, 2023 after market close.

Key Points: 
  • Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced its results for the first quarter, ended March 31, 2023, will be released on Wednesday, May 3, 2023 after market close.
  • At that time, a copy of the financial results release will be available on the Company’s website at https://oled.com/ .
  • In conjunction with this release, Universal Display will host a conference call on Wednesday, May 3, 2023, at 5:00 p.m. Eastern Time.
  • The live webcast of the conference call can be accessed under the events page of the Company's Investor Relations website at ir.oled.com .