Two Chinese display companies expected to begin AM-OLED development
19 March 2012

According to a report by Digitimes Chinese panel producers BOE Display and China Star Optoelectronics Technology (CSOT) are both gearing up AM-OLED development.

BOE is apparently focusing on Oxide-TFT backplanes for AM-OLED displays, and have produced a 4" WQVGA AMOLED prototype.

CSOT (a subsidiary of TCL) has decided to enter the AM-OLED market. The company is planning a Gen 4.5 LTPS line in Shenzhen. This line will be able to produce both LCD and AMOLED panels. Initial production is stated as before the end of 2012.

Many such reports surface about Chinese companies starting production. For example, in August 2011 there were rumours that BOE Display were planning a US$3.5 billion Gen 5.5 fab in Monogola, as yet there is still no confirmation that this investment has taken place, or will take place in the future.

Solvay, Holst Centre and several other partners demonstrate flexible 69cm2 30lm/Watt OLED lighting tiles
05 March 2012

Solvay and Holst Centre have demonstrated high efficiency flexible Organic Light Emitting Diodes (OLED) lighting tiles with a surface area of 69cm2. These large-area demonstrators contain several layers deposited by solution processing at Holst Centre and additional layers applied by conventional vacuum deposition at Solvay.

Large area flexible OLED

The highly efficient flexible OLED stack was designed and optimized at Solvay. It is based almost entirely on organic functional materials developed at Solvay and integrates Plexcore© OC Hole Injector Layer (HIL) from Plextronics, Inc. The demonstrators include Holst Centre’s own thin-film encapsulation and large-area transparent anode technologies on plastic substrates from DuPont Teijin Films.

Aixtron reports financial results for Q4 and full year 2011
27 February 2012

Aixtron recently announced the consolidated financial results for the 12 months of 2011.

Key financial data
EUR millions (unless stated) 2011 FY 2010 FY +/- 2011 Q4 2010 Q4 +/-
Revenue 611 784 -22% 140 225 -38%
Gross Profit 231 411 -44% 12 117 -120%
Operating result (EBIT) 113 193 -59% -17 86 -99%
Net result 80 193 -59% -11 62 -118%
Net result per share - basic(€) 0.79 1.93 -59% -0.11 0.62 -118%

Key points from the financial statement:

  • Total order intake for Aixtron in 2011 was EUR 513.4m, 31% down compared to 2010 (EUR 748.3m) with order intake dramatically slowing down in the second half of the year
Universal Display reports financial results for Q4 and full year 2011
27 February 2012

Universal Display Corporation (UDC) has announced its results for the fourth quarter and full year ending 31 December 2011.

Universal Display results for fourth quarter and full year ending 31 December 2011
(US$ millions)

Q4 2011 Q4 2010 Jan-Dec 2011 Jan-Dec 2010
Material sales 10.8 7.4 37.4 17.3
Royalty and licence fees 5.4 1.8 15.3 4.6
Technology development and support 2.4 1.7 8.5 8.7
Total revenue 18.7 10.8 61.3 30.5
Cost of material sales 1.1 0.2 3.7 0.9
Research and development 6.0 5.6 24.1 21.7
Selling, general and admin 5.6 3.3 18.9 13.0
Patent costs 2.0 1.5 7.4 4.3
Royalty and licence expense 0.5 0.4 1.4 0.9
Operating expenses 15.0 11.0 5.7 (10.1)
Net profit (loss) 5.7 (5.0) 3.2 (19.9)
* Note: UDC have revised revenue categories to better reflect the primary sources of the company’s revenue

Sidney D. Rosenblatt, Executive Vice President and Chief Financial Officer of Universal Display, said,

The US DoE regonises Universal Display for it advances in efficient white OLED lighting
13 February 2012

Universal Display has announced the company has been recognized by the U.S. Department of Energy (DoE) for outstanding achievements in solid-state lighting throughout 2011. Universal Display received the award during 'Transformations in Lighting,' the DoE's annual Solid-State Lighting R&D Workshop, held January 31- February 2, 2012 in Atlanta, GA. This is the fifth consecutive year that the company has received this DoE award. Dr. Brodrick presented the award to Dr. Mike Hack, who accepted it on behalf of the entire team at Universal Display.

This year's award is for Universal Display's demonstration of an all-phosphorescent OLED lighting system with greater than 55 lumen per Watt system efficacy in an under-cabinet application. This under-cabinet demonstration is an excellent example of the myriad lighting applications that can benefit from white OLEDs, as a result of their energy-efficient and cool operation, their ultra-thin form factor, and their pleasing colour emission.

AUO suffers record loss on global slump, but announces intentions to produce OLED TV panels
06 February 2012

AU Optronics Corp (AUO) has posted record-high quarterly losses for the last quarter as the global economic slump cut demand for LCD TVs and drove down prices. Net losses widened to NT$21 billion in the fourth quarter of last year, compared with losses of NT$11.34 billion in the fourth quarter a year earlier and losses of NT$15.8 billion in the previous quarter. Making this the company’s fifth consecutive quarterly loss.

The results were worse than the industry had been anticipating, and AUO blamed slower-than-expected sales of its new products.

IM3OLED project to develop multi-scale OLED modelling tool
06 February 2012

The EU-funded IM3OLED (Integrated Multidisciplinary & Multiscale Modeling for Organic Light-Emitting Diodes) project has officially been launched.

EU-funded IM3OLED (Integrated Multidisciplinary & Multiscale Modeling for Organic Light-Emitting Diodes) project

IM3OLED aims to help the OLED industry speed up development by creating new modelling software that allows a more systematic R&D process. This software toolset will predictively model OLEDs in 3D and at all length scales – from molecular to large-area devices. It will include molecular calculations, electrical and optical simulation, 1D-3D light extraction and scaling / integration effects.

An important aspect of software will be the inclusion of dynamic feedback loops, enabling developers to accurately predict how changes in one area of OLED development affect other areas. This will allow multiple OLED properties to be optimised simultaneously.

Samsung Electronics has declared it may take full control of Samsung Mobile Display
06 February 2012

In a filing with the Korean Stock Exchange Samsung Electronics Co Ltd has stated it is considering its options to take full control of flat-screen display maker Samsung Mobile Display, a joint venture with Samsung SDI Co Ltd.

A spokesperson for Samsung Electronics said, “We are considering merging the business to improve synergy, but a final decision has yet to be made.”

Samsung Mobile Display dominate the supply of AM-OLED displays for high resolution smartphones, it is widely expected that AM-OLED displays will eventually become the technology of choice for flat panel televisions.

AUO and Idemitsu to form strategic alliance for OLED development
30 January 2012

AU Optronics (AUO) has announced that the Company and Idemitsu Kosan Co., Ltd. (Idemitsu) have agreed to form a strategic alliance in the field of OLED. The strategic alliance includes technological collaboration to develop high-performance OLED displays and OLED-related patents.

Under this strategic alliance, Idemitsu will supply high-performance OLED materials to AUO, including device structure proposal. AUO will reinforce the development of OLED products using high-performance OLED materials supplied by Idemitsu. This alliance is expected to accelerate business growth in AUO's small-sized OLED displays for smartphones and tablets, and in the longer term large-sized OLED displays for TV.

Corning and Samsung Mobile Display form equity venture to manufacture OLED glass
30 January 2012

Corning Inc and Samsung Mobile Display Co., Ltd. (SMD) have signed an agreement to establish a new equity venture for the manufacture of specialty glass substrates for the rapidly expanding organic light emitting diode (OLED) device market. The new business will be located in Korea.

Combining Corning's Lotus(TM) Glass substrate technology and Samsung Mobile Display's OLED display expertise, this new entity will be well-positioned to provide outstanding product solutions for current and future OLED technologies, from handheld and IT devices to large TVs and beyond.

The newly formed entity will supply OLED backplane glass substrates for Samsung Mobile Display, as well as for the broader Korean market.

Konica Minolta reorganises its business units to strengthen its OLED lighting commercialisation efforts
30 January 2012

Konica Minolta Holdings, Inc has announced that will transfer its LA Business Division which has been responsible for business development of new functional materials including OLED lighting to Konica Minolta Opto, Inc. (“KMOT”), a wholly-owned subsidiary of the Company. The transaction is expected to become effective on April 1, 2012.

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