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OLED News
OLED Events
Universal Display Corporation Launches OLEDX to Enhance OLED Energy Efficiency
Universal Display Corporation unveiled OLEDX, a proprietary device architecture designed to improve how light is extracted and utilized within an OLED, while giving display makers greater control over how that light is delivered to the viewer. UDC introduced OLEDX during an invited presentation at the International Meeting on Information Display in Busan, Korea, where the Company also highlighted its breakthrough OLEDX laboratory results that represent one of the most significant advances in OLED energy efficiency since the invention of phosphorescent OLED technology. The company said, " Key Benefits of OLEDX: Energy Efficiency: Opens a path to extract 100% of light from an OLED. High-Fidelity Imagery: Enables ultra-wide viewing angles without noticeable color shift or brightness changes. Design Freedom: Unlocks customizable efficiency and viewing angle profiles for significant power saving and/or viewing benefits across form factors, enabling performance tailored for each application from smartphones to TVs, laptops, tablets, monitors, automotive displays and beyond."
Universal Display Opens OLED Technology Center in Chengdu, China
Universal Display announced the grand opening of its OLED Technology and Innovation Center in Chengdu, China. This expanded footprint reflects the Company's long-term investment in the region and its role within the broader OLED ecosystem. "The opening of our Chengdu OLED Technology and Innovation Center marks an important milestone in our continued growth in China and reinforces our long-term commitment to our customers and partners," said Steven V. Abramson, President and Chief Executive Officer of Universal Display Corporation. "As a leader in OLED technologies and phosphorescent materials, we are expanding our presence in the region to foster greater collaboration, provide more direct, hands-on support while advancing the development of next-generation high-performance, energy-efficient and sustainable displays and lighting."
Atlassian Rises 23.8% After Earnings
Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Atlassianup 23.8%Twilioup 17.4%Weave Communicationsup 14.3%Five9up 14.0%Redditup 11.7%MasTecup 6.8%Rokuup 6.4%Universal Displayup 5.3%Dolby Laboratories, Inc.up 3.8%Appleup 2.4%ALSO HIGHER -Veeva Systemsup 9.2% after entering S&P 500 indexDOWN AFTER EARNINGS -Robloxdown 21.0%Western Digitaldown 8.9%Floor & Decor Holdingsdown 8.1%SandDiskdown 7.1%Cloroxdown 6.7%Resmeddown 5.3%Riviandown 4.9%Dexcomdown 3.9%Boston Beerdown 3.8%Amgendown 1.6%Strykerdown 1.4%
Company Lowers 2026 Revenue Guidance to $630M-$670M
The Company now believes that its 2026 revenue will be in the range of $630 million to $670 million, down from prior guidance of $650 million to $700 million. The OLED industry remains at a stage where many variables can have a material impact on results, and the Company thus caveats its financial guidance accordingly.
Universal Display Corporation Reports Q1 Revenue of $142.2M
Reports Q1 revenue $142.2M, consensus $160.66M. "We continue to see the OLED market as a compelling long-term growth opportunity, supported by expanding adoption, evolving architectures, and continued industry investment," said Brian Millard, Chief Financial Officer of Universal Display Corporation. "While near-term market conditions have become more measured, we remain focused on execution and long-term value creation. That focus is supported by our deep and long-standing customer partnerships and continued innovation across our materials and technology platforms, which positions us well as the industry enters its next phase of growth, including Gen 8.6 capacity additions in Korea and China expected to come online this year. As this growth unfolds, OLED performance requirements continue to rise and architectures evolve, further increasing the importance of materials innovation. We continue to invest in our technology leadership, while leveraging our strong balance sheet and cash flow generation to support future growth and return capital to shareholders in a disciplined manner."
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