(Editors' Note: Universal Display Corp. reports Q1 earnings after the market close on Thursday, May 8th).
You don't have to have been alive as long as I have to remember when televisions were big, clunky boxes. Even though the first LCD TVs were made in the 1980s, it wasn't until 2006, when better manufacturing processes were available, that they began their takeover of the market. In 2006, LCD TVs sold at a premium to discerning customers who favored the technology's higher resolution, but by 2007 they reached price parity with competing technologies. To quote Wikipedia, "this evolution drove competing large-screen systems from the market almost overnight" and a few years later other methods of television production had all...
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