Universal Display has announced their 4Q 2009 financial results: a net loss of $3.8 million with $4.8 in revenue. Commercial revenue (chemical sales and royalties) rose to $1.9 million from $1.4 million in 4Q 2008 (35%). This shows the fast growth of AMOLED production, mostly by Samsung, and also the fact that LG is gearing up towards a new 3.5G plant in a few month, and have bought more 'development chemicals'.
UDC also reports about AU Optronics efforts to build new production lines (they plan to start mass producing OLEDs again in 2011) - they say that AUO are using their PHOLED materials (which is not a big surprise since they used these back in 2006)
Posted: Mar 16,2010 by Ron Mertens
