Disclosure on Phosphorescent Blue OLED ‘Thrilled’ Universal Investors: DSCC
Universal Display’s disclosure on its Q4 earnings call last week that it was on track to meet preliminary target specs with its phosphorescent blue emissive OLED system by year-end, enabling the introduction of the first commercial products in 2024 (see…
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2202240001), “thrilled investors,” reported Display Supply Chain Consultants Monday. The disclosure drove Universal’s shares nearly 23% higher Thursday “when many stocks tanked because of Russia’s invasion of Ukraine,” it said. The addition of blue to Universal’s “portfolio” has the potential to dramatically improve its revenue and speed “the entire sector of OLED displays,” said DSCC. Universal had never previously “given a timeline for introduction of phosphorescent blue,” it said. “A more efficient blue emitter makes OLED more energy efficient and therefore a more attractive display for all applications, especially mobile.”