Detail akcie Univ Display online

Business Summary: Universal Display Corporation is engaged in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. OLED is an emitting light device which can be manufactured on both flexible and rigid substrates, helping make it suitable for use in full-color displays and as lighting products. OLED displays can be used in the mobile phone, television, monitor, wearable, tablet, notebook and personal computer, augmented reality (AR), virtual reality (VR), and automotive markets. Its PHOLED technologies allow OLEDs to emit light through a process called phosphorescence. It has an intellectual property portfolio surrounding its existing PHOLED technologies and materials for both displays and lighting products, which the Company markets under the UniversalPHOLED brand. The Company’s additional OLED technologies include FOLED Flexible OLEDs and OVJP Organic Vapor Jet Printing.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Universal Display Corporation revenues decreased 7% to $576.4M. Net income applicable to common stockholders decreased 3% to $202M. Revenues reflect South Korea segment decrease of 11% to $322.5M, United States segment decrease of 20% to $12.8M. Net income also reflects Research and development - Balancing increase of 12% to $124.7M (expense).