Universal Display Corporation - Common Stock (OLED)
Frequently Asked Questions About Universal Display Corporation - Common Stock (OLED)
How does Universal Display Corporation contribute to sustainability?
Universal Display Corporation is committed to sustainability by developing energy-efficient OLED technologies that reduce power consumption compared to traditional lighting and display solutions. The company actively works on environmentally friendly materials and manufacturing processes, striving to minimize its ecological footprint while promoting sustainable practices in the electronics industry.
How does Universal Display Corporation protect its intellectual property?
Universal Display Corporation actively protects its intellectual property through a robust portfolio of patents related to OLED technologies and materials. The company engages in strategic patenting and enforcement initiatives to safeguard its innovations against infringement. This commitment to intellectual property protection supports its competitive advantage and fosters relationships with partners in the industry.
Is Universal Display Corporation publicly traded?
Yes, Universal Display Corporation is publicly traded on the Nasdaq stock exchange under the ticker symbol 'OLED.' As a publicly traded company, it is subject to regulatory requirements and disclosures, allowing investors to trade shares of the company and participate in its growth and financial performance.
What are OLEDs?
OLEDs, or organic light-emitting diodes, are a type of display technology that utilizes organic compounds to emit light when an electric current is applied. Unlike traditional LED displays that require a backlight, OLEDs produce their own light, enabling thinner screens, better contrast ratios, and wider viewing angles. This technology is increasingly popular in consumer electronics, especially in high-end televisions and smartphones.
What are the future prospects for Universal Display Corporation?
The future prospects for Universal Display Corporation appear promising as demand for OLED technology continues to rise in consumer electronics and other applications. The ongoing development of innovative products and potential expansion into new markets like automotive displays and advanced lighting solutions are expected to drive growth. Additionally, the company's focus on sustainability aligns with global trends towards eco-friendly technologies.
What are the key achievements of Universal Display Corporation?
Universal Display Corporation has achieved significant milestones, including the commercialization of its phosphorescent OLED technology, which has set industry benchmarks for efficiency and color quality. The company has been recognized with numerous awards for its innovations, and it holds a substantial portfolio of patents that strengthen its competitive position in the OLED market.
What are Universal Display Corporation's financial highlights?
Universal Display Corporation has demonstrated strong financial performance in recent years, marked by revenue growth driven by the increasing adoption of OLED technology in consumer electronics. The company’s financial health is supported by diverse revenue streams, including product sales, royalties, and licensing agreements. Regular financial disclosures provide insights into its profitability and market position.
What does Universal Display Corporation do?
Universal Display Corporation is a leading developer of organic light-emitting diode (OLED) technologies and materials. The company specializes in the design and production of phosphorescent OLED technology, which delivers superior color, energy efficiency, and improved lifetime compared to traditional display technologies. Universal Display provides its proprietary technology and materials to manufacturers of OLED displays for various applications, including smartphones, televisions, and lighting.
What is the company’s approach to research and development?
Universal Display Corporation places a strong emphasis on research and development to advance OLED technology. The company invests a significant portion of its resources into R&D, focusing on enhancing the performance, efficiency, and lifespan of its OLED materials. This commitment to innovation helps the company maintain its competitive edge and leads to continuous improvements in OLED applications.
What is the corporate culture at Universal Display Corporation?
Corporate culture at Universal Display Corporation is characterized by a commitment to innovation, collaboration, and sustainability. The company promotes an inclusive and dynamic work environment where employees are encouraged to share ideas and pursue creative solutions. This culture supports the company's mission to lead in OLED technology while fostering professional development and community engagement among its workforce.
What is the impact of Universal Display Corporation on the consumer electronics market?
Universal Display Corporation has had a significant impact on the consumer electronics market by pioneering OLED technology that enables better display quality, energy efficiency, and design flexibility. As a critical supplier of OLED materials, the company has influenced product innovation in devices such as smartphones and televisions, contributing to the advancement of the visual experience for consumers worldwide.
What is Universal Display Corporation's role in the OLED industry?
Universal Display Corporation plays a pivotal role in the OLED industry by developing and commercializing phosphorescent OLED technology. The company supplies OLED materials to various display manufacturers and engages in partnerships that drive innovation and growth within the OLED market. Its intellectual property portfolio spans numerous patents, enabling it to lead advancements in OLED performance and sustainability.
What markets does Universal Display Corporation operate in?
Universal Display Corporation operates primarily within the electronics and lighting markets. Its OLED technology is employed in consumer electronics like smartphones, televisions, and tablets. Additionally, the company is exploring opportunities in the automotive and general lighting markets, making it a versatile player in various industry segments.
What partnerships does Universal Display Corporation have?
Universal Display Corporation has established numerous strategic partnerships with leading manufacturers in the electronics industry. These collaborations aim to enhance the commercialization of OLED technology and facilitate joint development initiatives. By working closely with companies across sectors, Universal Display can drive innovation and optimize the integration of OLED applications in various products.
What types of products does Universal Display Corporation offer?
Universal Display Corporation offers a range of products primarily focused on OLED display technologies, including phosphorescent materials used in OLED panels. The company also provides intellectual property licensing and technical support to manufacturers, which helps them implement OLED technology in consumer products ranging from smartphones and tablets to large-format televisions and lighting solutions.
When was Universal Display Corporation founded?
Universal Display Corporation was founded in 1994. Since its inception, the company has focused on developing innovative technologies in the field of organic electronics, specifically OLED technology. The early years of the company were marked by research and development initiatives that laid the foundation for its current standing as a leader in the OLED space.
Where is Universal Display Corporation headquartered?
Universal Display Corporation is headquartered in Ewing, New Jersey. The location serves as the central hub for the company’s research and development activities, as well as its administrative functions. Being based in New Jersey positions the company well within proximity to major technology and innovation centers.
Who are Universal Display Corporation's main competitors?
Universal Display Corporation faces competition from several companies in the OLED materials and technology space. Major competitors include LG Chem, Sumitomo Chemical, and Cheil Industries, which also develop OLED materials. Additionally, companies like Samsung display are prominent in the production of OLED screens, creating competitive dynamics in the market as they innovate and capture consumer interest.
Who leads Universal Display Corporation?
Universal Display Corporation is led by a team of experienced executives, including Andrew (Andy) Brown, who serves as the Chief Executive Officer. The leadership team brings a wealth of industry knowledge and expertise, driving the company's strategic vision and fostering growth through innovation and partnerships across different sectors in the OLED market.
What is the current price of Universal Display Corporation - Common Stock?
The current price of Universal Display Corporation - Common Stock is 113.42
When was Universal Display Corporation - Common Stock last traded?
The last trade of Universal Display Corporation - Common Stock was at 4:00 pm EDT on April 4th, 2025
What is the market capitalization of Universal Display Corporation - Common Stock?
The market capitalization of Universal Display Corporation - Common Stock is 5.37B
How many shares of Universal Display Corporation - Common Stock are outstanding?
Universal Display Corporation - Common Stock has 47.35M shares outstanding.