EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC today unveiled a proprietary device architecture designed to improve how light is extracted and utilized within an OLED.
Universal Display NASDAQ: OLED President and CEO Steve Abramson said the OLED industry's continued investment in new manufacturing capacity reflects panel makers' confidence in long-term adoption, even as smartphone demand faces near-term pressure from higher component and memory costs.
Universal Display's lower valuation offers some support, but declining growth, weaker material volumes and cautious demand favor waiting for improvement.
Evaluate Universal Display's (OLED) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.