OLED and Paper-like Display Markets To Grow Quickly (OLED, PANL)

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 |  Includes: OLED, OLED
by: Himanshu Pandya

DigitalTrends reports that the market for OLED and paper-like displays will reach $10.2 billion by 2011 according to research firm NanoMarkets. It further expects this market to grow to $14.7 billion by 2013:

decreasing cost to manufacture OLED and paper displays combined with increased production capacity will transform the signage and advertising industries, enabling retailers to constantly update things like shelf-edge displays. OLED technology will also soon have the resolution and color capability to enter the television and video market; NanoMarkets believes OLED televisions will account for $2.2 billion in revenue in 2011 and begin seriously cutting into the LCD television market. Other key markets for OLED and paper-like displays include mobile computing and consumer electronics devices.

Two stocks to lookout for in the OLED field are:

- Cambridge Display Technology (NASDAQ: OLED)

- Universal Display Corporation (NASDAQ: PANL)

Related: Flexible, ‘Electric Paper’ Screens — What Companies Stand To Profit? (SI, LPL, PANL, HPQ)