UDC reports their 3Q 2010 financial results

Universal Display posted their financial results for 3Q 2010. The company reported $7 million in revenues (up from $5.1 million in 3Q 2009). Commercial revenues (chemical sales, license and royalties) was $2.8 million(up from $1.6 million in 3Q 2009). Net loss was $7.18 million. UDC still has over $65 million in cash and short-term investments.

Read the full story Posted: Nov 05,2010

Plextronics announces solution-processible PHOLED HIL ink availability

Plextronics announced today that its Plexcore OC NQ ink is now available - for limited sampling. During 2011 Plextronics will accelerate production. The new non-aqueous-based Hole Injection Layer (HIL) ink is geared specifically for solution processible phosphorescent OLED emitters, and Plextronics expects to introduce ink-jet printable inks for limited sampling early in 2011.

Plextronics also say that UDC was using their OC NQ ink in their new P2OLED solution-processed phosphorescent OLED technology (reported on October 13). Plextronics was the HIL provider, and its OC NQ ink helped UDC to achieve a lower operating voltage and a boost in lifetime over previously disclosed results.

Read the full story Posted: Nov 03,2010

Samsung to announce a 7" Super-AMOLED panel next week, start producing them in mid 2011

Samsung will unveil a new 7" Super-AMOLED panel next week at the FPD International exhibition (November 10th). The new panel will offer 1200x600 resolution and will be available in mid-2011. Samsung will use their upcoming 5.5-Gen AMOLED plant to produce those panels - so there shouldn't be any supply issues (the new production plant will boost Samsung's AMOLED capacity ten fold, to 30 million displays a month).

Obviously such a 7" Super-AMOLED panel will be a perfect fit to Samsung next-gen Galaxy-Tab. Samsung already said that they wanted to use an AMOLED, but couldn't do so because they can't make enough. They also said that they plan to expand the Galaxy-Tab line with AMOLED-using tablets in 2011. So everything falls into place...

Read the full story Posted: Nov 03,2010

Philips and Fraunhofer to co-develop a new process for OLED production

Philips and the Fraunhofer Institute for Laser Technology (ILT) will co-develop a new process for OLED production - which aims to make OLEDs bigger and cheaper. The idea is to use a mask with micrometer slits on the surface of the ITO electrode, and then deposit a thin-film of aluminum (or copper or sliver) metal. A laser is finally used to melt the metal - unto the slits in the mask. The result - very fine and thin conductor paths (up to 40 micrometers).

Thin conductor on glassThin conductor on glass

The Fraunhofer say that this has already been achieved in the lab, and the next stage is to commercialize this together with Philips. The process might be ready within two or three years.

Read the full story Posted: Nov 03,2010

UDC and Acuity Brands won a $2 million DOE grant to develop a color-tunable OLED lighting system

Universal Display and Acuity Brands has won a $2 million U.S. Department of Energy (DOE) Small Business Innovation Research (SBIR) Phase III Xlerator grant to develop an energy-efficient and color-tunable phosphorescent OLED lighting system. The objective is to accelerate market introduction of OLED lighting (for high-end commercial and institutional applications).

Acuity Brands Lighting will design and fabricate general-purpose lighting system prototypes, targeted for high-end commercial spaces, including office, retail and health-care buildings. The light system will take advantage of the OLED panel thin form factor and quality of light.

Read the full story Posted: Nov 03,2010

UDC extends their OLED license agreement with Samsung for another 3 months

Universal Display and Samsung announced another extension (till December 31, 2010) to their license agreement (that was announced back in 2005). Samsung will continue to use UDC's PHOLED materials (red, and soon green) in their AMOLED products.

The original agreement expired and the companies are still negotiating a new agreement - and in the mean time they keep extending the existing agreement.

Read the full story Posted: Nov 02,2010