Universal Display announces financial results for first quarter 2013
13 May 2013

Universal Display Corp announced its results for the first quarter of 2013. For the quarter UDC reported a net loss of $4.8 million even though revenues where up 19% compared to first quarter 2012. The increase was led by a 21% increase in material sales. Commercial material sales were up 40% compared to the first quarter of 2012. The increase in commercial material sales was due mainly to greater demand for UDC's green emitter and host materials from their AM-OLED display customers.

Harvard University's global grid computing project will help create more efficient organic solar cells
15 April 2013

According to news reports in June, Harvard's Clean Energy Project (CEP) plans to release to organic solar cell developers a list of the top 20,000 organic compounds that could be used to make higher perfromance organic photovoltaic cells.

The list has been reduced from about seven million organic molecules that a "crowdsourcing" style project has been crunching daily over the past two-plus years.

The Clean Energy Project uses the computing resources of IBM's World Community Grid for the computational chemistry to find the best molecules for organic photovoltaics. IBM's World Community Grid allows anyone who owns a computer to install secure, free software that captures the computer's spare power when it is on and idle. By pooling the surplus processing power of about 6,000 computers around the world, the Clean Energy Project has been able to come up with a list of organic photovoltaics that could be used to create inexpensive solar cells. The computations also look for the best ways to assemble the molecules to make those devices.

Universal Display announces fourth quarter and full year 2012 financial results
04 March 2013

Universal Display Corp (UDC) has announced its results for the fourth quarter and year ended December 31, 2012.

For the full year of 2012, the company reported revenues of $83.2 million, up 36% compared to revenues of $61.3 million for 2011. Operating income rose to $13.7 million for the year, up 141% from $5.7 million in 2011. The company reported net income of $9.7 million, or $0.21 per diluted share, for the full year of 2012, compared to net income of $3.2 million, or $0.07 per diluted share, for 2011.

Universal Display reports financial results
for Q4 2012 (US$ ,000)
Full year
Full year
Revenue - Materials 44,472 37,444 10,111 10,840
Revenue - Royalty and licences 31,698 15,345 15,445 5,447
Revenue - Technology dev 7,074 8,500 2,577 2,372
Operating expenses 69,568 55,602 19,762 15,092
Net (loss) Income 9,660 3,155 5,385 5,734
Net result per share - basic($) 0.21 0.07 0.12 0.13
Evonik and Holst Centre partner to extend thin-film electronics
11 February 2013

The Holst Centre and Evonik Industries have announced a partnership to extend the range and performance of thin-film electronics applications. Evonik has joined Holst Centre’s shared research program on Organic and Oxide Transistors, bringing with it world-class expertise in soluble oxide semiconductor materials.

The agreement between Holst Centre and Evonik aims to speed up the development of thin-film circuits. Holst Centre and its ecosystem have extensive experience in solution-based CMOS processes, and Evonik is a world leader in soluble oxide semiconductors. The partners will now work together to optimise Evonik’s n-type semiconductors and use them in CMOS processes to create circuits targeting the performance requirements of RFID, display driver and wireless sensor applications.

CMOS circuit on a thin, flexible substrate created in a collaboration between Evonik and Holst Centre

Figure: CMOS circuit on a thin, flexible substrate created in a collaboration between Evonik and Holst Centre

Public funded OLED project So-Light concludes
08 February 2013

The aim of the €14.7 million So-Light was to combine as many of the materials and component related results into design studies and prototypes in order to strengthen Germany’s leading role in the growing OLED-market. So-Light was supported by the German Ministry of Education and Research (BMBF) over a three and a half year period and addressed the complete value chain, from primary OLED materials through to OLED-lighting applications. Several of the promising innovations created within the project will now be brought to market by the participants of the So-Light project.

Hella car rear-light based on 16 red OLEDs

Figure: Hella car rear-light based on 16 red OLEDs

The project partners Novaled, Sensient, University Muenster, Fraunhofer-COMEDD, Aixtron, Ledon OLED Lighting, Fresnel Optics, Hella, Siteco, BMG MIS and the University of Paderborn/L-LAB cooperated in a variety of OLED technology areas.

SmartKem launches ink evaluation and development kit for OTFT
04 February 2013

SmartKem has announced the launch of a ink evaluation and development kit which utilises the company’s organic semicodncutor technology, to significantly streamline the process of producing prototype flexible organic thin film transistors (OTFT). The kit forms part of SmartKem’s newly launched ‘p-FLEX’ portfolio of high mobility, flexible organic semiconductor solutions.

Smartkem - Ink evaluation kit (pictures by Smartkem)

Figure: Smartkem - Ink evaluation kit


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