Posts tagged financial
NanoMarkets releases new OLED Lighting report, forecasts $6 billion in revenue by 2015
Aug 6th
NanoMarkets released a new report (“ OLED Lighting, An Eight-Year Market Forecast (2010) ” in which they say that OLED lighting will generate $6 billion in revenue by 2015. OLED lighting will grow quickly because of the need for cost efficient lighting in a number of different applications, including general illumination, architectural lighting, backlighting, vehicular lighting and signage. Novaled transparent OLED lighting panel Most firms today focus on general illumination and/or architectural lighting sectors. These two markets will generate around $4 billion in 2015. Vehicular lighting is expected to bring over $750 million. Nanomarkets say that if OLED will provide an alternative backlighting technology for LCDs, these alone could generate further $1.4 billion by 2015. read more
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NanoMarkets releases new OLED Lighting report, forecasts $6 billion in revenue by 2015
UDC extends their OLED license agreement with Samsung for 3 months
Jul 14th
Samsung have been using UDC’s PHOLED materials (red, and soon green) for quite some time – the original agreement was announced in 2005 . The agreement has expired, and the companies agreed to extend it for 3 months (until September 30th). Universal Display and Samsung will negotiate in an effort to enter into a new business arrangement.
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UDC extends their OLED license agreement with Samsung for 3 months
UDC awarded $99,000 to advance Phosphorescent OLED Lighting
Jun 16th
Universal Display announced that they have been awarded a new Small Business Innovation Research (SBIR) Phase I $99,900 program from the U.S. Department of Energy (DOE). During this program, the Company will study the potential to enhance the performance of white PHOLED lighting devices in order to meet DOE requirements for general illumination applications. Under a program titled “Thermal Management of High-Efficacy White Phosphorescent Organic Light Emitting Devices,” Universal Display will design and build white PHOLED lighting panels to evaluate the impact of operating temperature on performance. read more
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UDC awarded $99,000 to advance Phosphorescent OLED Lighting
TMZ: China is investing heavily in OLEDs to catch up with South Korea
Jun 8th
TMZ, a supplier of OLED manufacturing technology claims that China is investing heavily in OLEDs – they want to challenge South-Korea. TMZ is a joint-venture between Cymer and Carl-Zeiss, selling lasers for OLED manufacturing. They have already installed one system in Korea, and plan to deliver the 2nd system to a Chinese company soon . read more
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TMZ: China is investing heavily in OLEDs to catch up with South Korea
LG to invest $225 million to triple OLED production capacity
Apr 22nd
LG Display is building a new OLED production line (it will begin production in 3Q 2010). They now say that they will invest $225 million to triple the capacity of that line in the second half of 2011 (to reach 12,000 730x920mm glass sheets a month). Via Reuters
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LG to invest $225 million to triple OLED production capacity
LG to invest $225 million to triple OLED production capacity
Apr 22nd
LG Display is building a new OLED production line (it will begin production in 3Q 2010). They now say that they will invest $225 million to triple the capacity of that line in the second half of 2011 (to reach 12,000 730x920mm glass sheets a month). Via Reuters
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LG to invest $225 million to triple OLED production capacity
DisplaySearch: OLED revenues reached $826 million in 2009
Apr 1st
DisplaySearch released a new Quarterly OLED Shipment and Forecast Report in which they say that OLED revenue was $826 million in 2009 – a record year. AMOLED revenue was $537 million, and PMOLED revenue was $291 (lower than 2008, mostly because mobile phone design is moving away from clamshell phones). Samsung Mobile Display is still the biggest OLED maker, with $566 million in revenues. Samsung is followed by RiTdisplay ($106 million), Pioneer ($60 million), TDK and Visionox ($15 million). OLED-Info readers get a 5% discount on this report, follow this link
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DisplaySearch: OLED revenues reached $826 million in 2009
eMagin reports 4Q 2009 results
Mar 26th
eMagin today reported their latest financial results. The company was profitable in 2009 and had $6.7 million in revenue in the fourth quarter (profit was $1.4M). They also report good progress in their efforts to develop a high-res (over HD), under 1″ display for the US Army.
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eMagin reports 4Q 2009 results
UDC announces 4Q 2009 financial results
Mar 16th
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 )
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UDC announces 4Q 2009 financial results
Philips OLED MirrorWall is available in limited edition
Feb 25th
Remember the Philips Mirrorwall ? It’s a wall made out of white Lumiblade OLED panels and a camera, and it basically acts as a mirror, display shadow reflections of people standing in front of it. It turns out that Philips are actually offering this limited-edition wall. The price? about 10-12K€ per m² (they’ll made it just for you). That’s one expensive mirror… But what a spectacular one! If you want a cheaper option, you can also rent the whole thing for about 10K€ per week (excl. transport, insurance and approx. 3 man-days for installation and dismantling)
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Philips OLED MirrorWall is available in limited edition