There are reports that Opto Tech is postponing its plans to mass produce OLED panels (originally scheduled to begin by year's end). The company will cut about 240 jobs in its OLED division. The company is experiencing low yields (30%) which is low even for OLED standards.
Innoled announced their PMOLED production project back in August 2003, and they have finally raised the money required for this $25 million project. Innoled expects to begin pilot production in Q2 2005.
At full capacity, Innoled will be able to produce 1.5 million 1.5" PMOLED per month.
Universal display's Janice Mahon says that flexibility is key for next-gen OLEDs. Those displays will be less breakable compared to glass based displays, which is why they'll eventually appear in mobile phones.
Janice expects OLED TVs to begin hitting commercial markets by 2006.
Kodak's display unit president, Willy C. Shih, announced his resignation. Kodak is "refining their participation model" in the OLED business, but they say that the resignation was due to personal reasons and not because of the changes in the OLED unit.
Fairlight is introducing a new mixing console called the Constellation XT that is fitted with 72 PMOLED displays. Fairlight says that the PLED displays allow them to show super high resolution, detailed information on any selected parameter value.
Apparently the wide viewing angles are also very important in this application.
Taiwan's Univision president says that the company's first PMOLED production line (Gen 2, 370x470 mm) is now in operating, making around 5,000 substrates per month. Towards the end of 2004 their second production line will begin operation.
The company is developing more efficient and longer lasting OLEDs. They are also developing more efficient production methods.
Luxell reported their Q4 2004 results (ending August 31). Revenues were $1.1 million, down from $1.45 in Q4 2004.
Net loss was $1.8 million, up from $700,000 in Q4 2004.
eMagin announced their financial results for Q3 2004. Revenues in the quarter were $1.1 million, an increase of 45% as compared to Q3 2003 ($748,000). Revenues for the first nine months of 2004 amounted to $3.1 million, an increase of 102% compared to the same period in 2003 ($1.5 million).
emagin's net loss in the quarter was $2.3 million, compared to $0.9 million in Q3 2003.
United Radiant Technology is unveiling new PMOLED displays that feature an operating lifetime of 7,000 to 50,000 hours. These displays are designed for telecom, portable devices and signboard applications.
The UMOH-7492, UMOH-7493 and UMOH-7553 OLED displays feature low-power consumption, improved resolution and faster response times.
