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Universal Display (PANL -4.6%) is giving back a large chunk of the Friday gains it saw thanks to...

  • Monday, February 4, 2:19 PM ET
    Universal Display (PANL -4.6%) is giving back a large chunk of the Friday gains it saw thanks to favorable remarks at the CSIMA value investing conference. Aside from the general selloff in high-beta tech names, shares could be hurt by a Nikkei report highlighting interest from Apple and other tech companies in a new LCD optical film said to deliver better image quality than OLEDs. Synthetic fiber manufacturer Toyobo will begin making the film in April at a rate of 10K tons/year.
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This news story has 2 comments:

  •  
    Samsung won't sell OLED displays to Apple so what else is Apple going to do but find alternatives to compete. News like this shouldn't be impacting UDC like you suggest. They don't sell any oled material for use in Apple products now and likely wouldn't as long as SMD has its way. UDC investors should already be pricing zero oleds in Apple's line up. Until SMD demonstrates willingness to share and until other oled oem's emerge like AUO, Sharp, or LG OLED is squarely in the hands of the Android/SMD/UDC camp and by the way causing Apple no end of frustration.
    4 Feb, 02:51 PM Reply Like
  •  
    The Toyobo film? It's a bloody film on top of an LCD screen - give me a break! It's still just lipstick on a pig.
    5 Feb, 01:24 AM Reply Like
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