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30 August 2010 |
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H.C. Starck GmbH has signed a contract to sell its global Conductive Polymers Business Unit to Heraeus, Hanau, Germany. Sold under the brand name Clevios, conductive polymers are used in a wide range of applications, primarily in the electronics industry. Clevios is also known as PEDOT, and used as a hole injection layer for OLED and organic photovoltaic devices.
The transaction is expected to be completed in the fourth quarter of 2010. The parties have agreed to keep the purchase price confidential.
By selling its Clevios business, H.C. Starck has completed a further step towards focusing on the company's core areas of business, namely Refractory Metals and Advanced Ceramics.
By purchasing Clevios, Heraeus makes a targeted addition to its product portfolio and further expands its position as a leading global supplier of high-quality coating materials used in the electronics industry, among others.
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30 August 2010 |
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 LG Display has provided some pre-show details of the company's latest OLED TV prototype being showed at IFA 2010, Berlin Messe.
The OLED-TV measures 31-inch in diagonal, and is just 0.29cm thick, a screen resolution of 1920 x 1080, a refresh rate of 600Hz, and it is rumoured to also support active-shutter 3D.
www.lgdisplay.com |
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16 August 2010 |
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eMagin Corporation has issued its financial results for the three and six months ending 30 June 2010.
eMagin results for quarter and half year ended 30 June 2010
(US$ millions) |
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Q2 2010 |
Q2 2009 |
H1 2010 |
H1 2009 |
| Product revenue |
6.4 |
5.0 |
10.9 |
9.3 |
| Contract revenue |
1.9 |
0.9 |
3.3 |
1.7 |
| Total revenue, net |
8.3 |
5.9 |
14.2 |
11.0 |
| Cost of goods sold |
3.6 |
2.0 |
6.2 |
4.7 |
| Gross profit |
4.7 |
3.8 |
8.0 |
6.3 |
| Total operating expenses |
3.8 |
2.3 |
6.2 |
4.2 |
| Income (loss) from operations |
1.0 |
1.5 |
1.9 |
2.0 |
| Other income (expense): |
(0.03) |
(0.1) |
(0.3) |
(0.3) |
| Net Income (loss) |
1.0 |
1.3 |
1.8 |
1.7 |
| Totals may not add up due to rounding |
Highlights
- eMagin completed the design phase of a $3.2 million subcontract for the U.S. Department of Defense for a specialized OLED microdisplay, with production volume to be delivered in Q3 2010.
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09 August 2010 |
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eMagin Corp. has announced that it has signed an agreement to build its first production OLED deposition machine, one that will leverage the latest advances in the Company's proprietary manufacturing processes. The new machine is expected to increase OLED deposition capacity by approximately tenfold, to increase yield significantly and contribute to substantially more automated processes. The new proprietary machine replaces the company's existing Satella, an R&D machine adapted and used by eMagin for production since its inception in 1996.
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09 August 2010 |
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Universal Display Corporation (UDC) has announced its results for the quarter and half year ended 30 June 2010.
UDC results for quarter and half year ended 30 June 2010
(US$ millions) |
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Q2 2010 |
Q2 2009 |
H1 2010 |
H1 2009 |
| Commercial revenue |
2.0 |
1.2 |
3.8 |
2.6 |
| Developmental revenue |
6.5 |
1.7 |
8.9 |
3.2 |
| Total revenue |
8.5 |
3.0 |
12.7 |
5.8 |
| Total Operating expenses |
10.4 |
9.2 |
18.8 |
18.1 |
| Operating loss |
(1.9) |
(6.3) |
(6.1) |
(12.3) |
| Net loss |
(4.4) |
(6.4) |
(7.4) |
(12.0) |
Key points from the financial statement:
Cash used in operating activities for the six months ended June 30, 2010 was $2,757,981, compared to $8,798,154 for the six months ended June 30, 2009. The improvement in cash used in operating activities was mainly attributable to the growth in revenues, partially offset by an increase in operating costs. The Company's balance sheet remained strong at quarter end, with cash, cash equivalents and short-term investments of $66,092,924 as of June 30, 2010, up over $2 million compared to cash, cash equivalents and short-term investments of $63,874,081 as of December 31, 2009.
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26 July 2010 |
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It has been reported that the CEO of LG Display Kwon Young-soo believes that AM-OLED will be cost competitive with LCD by 2014. It is also rumoured that LG Display is now planning to build a Gen 5.5 AM-OLED during the course of 2012. Samsung is reported to be investing about 2.2 billion its AM-OLED lines, which will also be operational during 2012. This investment is in additional to earlier announcements that LG Display would be investing more than US$200 million on 3 Gen 4 AM-OLED production lines.
www.lgdisplay.com |
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26 July 2010 |
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Solarmer Energy recently announced that they company has achieved a new world record of 8.13% for their organic photovoltaic (OPV) cell efficiency, certified by the National Renewable Energy Laboratory (NREL). According to Solarmer the company has now broken the efficiency record of polymer based OPV technology for the 4th consecutive time, all within the past 24 months.
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19 July 2010 |
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Dow Electronic Materials has officially opened its new OLED Electronic Materials facility in Cheonan, Korea. The facility will supply leading-edge emissive materials to serve the rapidly growing active matrix OLED market. The opening ceremony was held at the Cheonan, Korea manufacturing facility and was attended by Jerome A. Peribere, president and CEO of Dow Advanced Materials, and regional government officials from South Chungchong Province and Cheonan City.
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19 July 2010 |
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 GE Global Research, GE Lighting and Konica Minolta (KM) have announced that they are moving closer to making high-efficiency organic light-emitting diode (OLED) lighting devices a reality. Recently GE and KM scientists have demonstrated illumination-quality white OLEDs using "solution-coatable" materials that the companies consider are essential for producing low OLED lighting devices.
The efficiency milestone was presented at the recent International Symposium on the Science and Technology of Light Sources being held in Eindhoven, Netherlands, by Anil Duggal, GE's OLED lighting technology leader, who said "we have produced high-performance white OLED lighting devices with a commercially viable lifetime using 'solution coating' rather than 'vacuum coating' processes. This allows us to make use of the high volume roll-to-roll manufacturing infrastructure that already has been perfected in the printing industry."
GE and KM plan to manufacture OLEDs using high-speed, roll-to-roll processes rather than the vacuum-based batch processes used by companies in the OLED display industry. The two companies believe that roll-to-roll processing is key to making OLEDs commercially viable for general lighting applications.
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