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Universal Display (PANL -11.5%) gets crushed thanks to Apple-Samsung. Samsung is PANL's largest...

Universal Display (PANL -11.5%) gets crushed thanks to Apple-Samsung. Samsung is PANL's largest customer: the company relies on PANL's materials to make the OLED displays that go into most of its top Android phones, and also pays fixed licensing fees.
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Comments (6)
  • pagreen1966
    , contributor
    Comments (601) | Send Message
     
    If you associate with thieves then you suffer with them!
    27 Aug 2012, 09:43 AM Reply Like
  • sidney
    , contributor
    Comments (351) | Send Message
     
    Yeah I'm sure Apple's hands are clean historically on this one... LOL!
    27 Aug 2012, 10:34 AM Reply Like
  • carnegielaker
    , contributor
    Comments (118) | Send Message
     
    perhaps THE feature that Apple does not have is precisely what PANL brings to the table...and that being an OLED screen. So what are the odds that Samsung decides to use LESS of PANL's products? Slim and None!
    27 Aug 2012, 10:10 AM Reply Like
  • sidney
    , contributor
    Comments (351) | Send Message
     
    The over-reaction on panl relates mostly to a mis-perception of how significant SMD's sales to the USA were for smartphones.
    Lets consider that:
    http://read.bi/PM1wPr
    so that clears that up pretty well.. its shockingly small. The Android steamroller will keep going. SMD will retool for the USA market or decide to ignore it outright(in which case the USA consumer loses big time and Sherman Anti-Trust should be wielded with all its might).
    27 Aug 2012, 10:32 AM Reply Like
  • sidney
    , contributor
    Comments (351) | Send Message
     
    I would also add the over-reaction lacks an understanding of PANL's strategic partnership with flat fees and min material sales driving the revenue guidance. Combined with the shockingly small significance USA sales have for SMD smartphones it presents an opportunity to consider the longer term big picture for oled technology diffusion in lighting and display. It also assumes that Apple itself won't adopt OLED and that isn't clear considering Apple files for OLED patents too. While it may not be ready in volume for IPhone 5 the recent resolution improvements past Retina may finally bring it up to Apple standards. Yes I know its confusing but Apple is one of SMD's largest customers...this is not purely a SMD loses PANL loses thing. Unless SMD plans to stop selling Apple all the stuff in the IPhone one does not have to assume that PANL loses in the long run if SMD loses on smartphones vs Apple. Lastly it assumes that LG/Sharp doesn't eventually sell UDC based OLED to Apple. We can not rule that out as OLED progresses.
    27 Aug 2012, 10:39 AM Reply Like
  • gregreedog
    , contributor
    Comments (77) | Send Message
     
    This may have a temporary, small negative affect on the stock price, but in the long run, either PANL will become a huge player in the field, or will be bought up by the likes of Apple, just because of the patents appeal. In the future, all the technology which the military now uses will be introduced into the market and will do away with today's LED, LCD, Plasma screens, in favor of hideaway/foldup screen technology.
    27 Aug 2012, 10:57 AM Reply Like
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