Novaled claims its PIN OLED doping tech allows for fewer manufacturing process steps, low driving voltages, and greater design flexibility.
Universal Display (OLED -9.2%) shares aren't taking the news well. Universal remains very dependent on Samsung's materials purchases and (fixed-fee) licensing payments for now. It's counting on expected manufacturing ramps from AU Optronics, Innolux, and LG Display, among others, to help lower its dependence.
Universal's Q2 report arrives on Aug. 8.