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Universal Display Corporation (OLED)

  • Feb. 6, 2013, 1:03 PM
    Samsung's (SSNLF.PK) anticipated Galaxy S IV will be announced on March 15, SamMobile reports - the site has been an accurate source of Samsung rumors in the past. The device will reportedly go on sale in Europe and Asia in April, and hit North America in May or June. Rumored specs include a 5" 1080p OLED display, Exynos 5 Octa processor (for some models, at least), and 13MP camera. Possible/likely suppliers (I, II) include BRCM, QCOM, PANL, SWKS, ADNC, and MXIM.
    | Feb. 6, 2013, 1:03 PM | 42 Comments
  • Feb. 6, 2013, 12:22 PM
    Universal Display (PANL +8.6%) has shot higher after Cowen writes its checks indicate Samsung will begin making 1080p OLED displays this month for use in the upcoming Galaxy S IV, and (perhaps more importantly) that the displays will use PANL's green host materials. PANL was crushed in November after posting a huge Q3 miss thanks to Samsung's decision to delay ramping green material use.
    | Feb. 6, 2013, 12:22 PM | 1 Comment
  • Feb. 4, 2013, 2:19 PM
    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.
    | Feb. 4, 2013, 2:19 PM | 2 Comments
  • Feb. 1, 2013, 12:56 PM
    Universal Display (PANL +6.8%) spikes higher after reportedly receiving a favorable mention at the CSIMA value investing conference. Though shares remain up strongly, they're well below an intraday high of $32.80. 27.8% of the float was shorted as of Jan. 15.
    | Feb. 1, 2013, 12:56 PM | 7 Comments
  • Jan. 16, 2013, 1:21 PM
    Heavily-shorted Universal Display (PANL +4.6%) is rallying again today - shares are up 10% from Monday's close. A recently-spotted Samsung slide noted a 4.99" 1080p OLED display will arrive in Q1 - there's a good chance it will go into the Galaxy S IV - but a display launch along these lines was expected. CES brought with it an array of OLED TV announcements and flexible OLED demos.
    | Jan. 16, 2013, 1:21 PM | Comment!
  • Jan. 9, 2013, 1:29 PM
    More on Samsung: As expected (and to the approval of PANL), the company is showing off its flexible OLED displays at CES; a prototype Windows Phone with a flexible OLED has been demoed. Samsung is also talking up its plans to grow its enterprise smartphone share (previous) - iOS has a lead on Android here - and to invest more in mobile content/services as a way to stand out (and perhaps also lower its dependence on Google a bit).
    | Jan. 9, 2013, 1:29 PM | Comment!
  • Jan. 8, 2013, 1:19 PM
    Universal Display (PANL -7.1%) slumps after top customer Samsung (SSNLF.PK) announces it sold ~63M smartphones in Q4. With Strategy Analytics having estimated 56.9M smartphone sales for Q3, investors may have been hoping for a bigger number for the year's strongest quarter. The decline comes as Samsung, LG, Sony, and Panasonic show off (costly) OLED TVs at CES - a 55" LG model will be available for a mere $12K in March. Skyworks (SWKS -2.2%), another Samsung supplier, is also lower. Samsung fell 1.3% in Seoul.
    | Jan. 8, 2013, 1:19 PM | Comment!
  • Jan. 7, 2013, 6:46 PM
    CES phone news roundup: 1) Huawei is trying to one-up Samsung's 5.5" Galaxy Note II by launching the 6.1" Ascend Mate. Will consumers finally reject a phone for being too big? 2) Vizio, bane of TV brands worldwide, is releasing 2 Android devices - one with a 5" 1080p display, another with a 4.7" display and unibody design. Given Vizio's track record, expect pricing to be aggressive. 3) Alcatel (ALU) is reaffirming its smartphone commitment by launching 3 new Android models, one of which has an OLED display and is just 6.45mm thick. 4) Sprint (S) says its first Windows Phone 8 devices will arrive this summer, courtesy of Samsung and HTC. Update: Vizio has also announced Android tablets powered by Nvidia's Tegra 4 processor.
    | Jan. 7, 2013, 6:46 PM | 3 Comments
  • Dec. 31, 2012, 5:34 PM
    Beaten-down Universal Display (PANL +4.1%) finished 2012 with a solid gain after Cowen and JMP each predicted the company could benefit from CES product announcements. Cowen thinks Samsung could introduce 5" 1080p OLED displays at CES (matching Sharp's LCD panels), and notes it's expected to show off a flexible 5.5" 720p panel. JMP thinks a 55" Samsung OLED TV could also appear, and points out there's growing speculation about phone launches involving flexible displays.
    | Dec. 31, 2012, 5:34 PM | 2 Comments
  • Dec. 24, 2012, 10:02 AM
    Samsung (SSNLF.PK) is currently aiming to sell 510M mobile phones next year, up from a 2012 tally of ~420M. A whopping 390M of the 2013 sales are expected to involve smartphones, with the company predicting demand for 4G connections will boost sales. Gartner is forecasting global smartphone sales will rise another 33% next year; they rose 47% Y/Y in Q3, a quarter in which Samsung was estimated by Strategy Analytics to have sold 56.9M smartphones.
    | Dec. 24, 2012, 10:02 AM | 2 Comments
  • Dec. 19, 2012, 2:24 PM
    Samsung (SSNLF.PK) will be "ready to ship" smartphone displays based on an "unbreakable" plastic substrate by the end of Q2, claims RBC's Doug Freedman after meeting with Asian supply chain contacts. Also, bendable displays are expected in 2H. These technologies aren't expected to go into the Galaxy S IV, generally seen launching in Q2, but could strengthen Samsung's position down the road, and also give a lift to flexible OLED developer Universal Display (PANL). (previous)
    | Dec. 19, 2012, 2:24 PM | 1 Comment
  • Dec. 18, 2012, 10:57 AM
    A few Samsung (SSNLF.PK) suppliers are outperforming after Judge Koh denied injunction requests for every device Apple was seeking a ban on. PANL +4%. SIMG +2.7%. BRCM +3.1%. TQNT +2.3%. Of course, Cirrus Logic (CRUS +4.5%), which gets over 3/4 of its sales from Apple, is also having a nice day, adding to yesterday's rebound. Also: Samsung just unveiled the Galaxy Grand, an Android phone with a relatively low-res 5" OLED display.
    | Dec. 18, 2012, 10:57 AM | Comment!
  • Dec. 7, 2012, 6:40 PM
    Universal Display (PANL +5%) rallied strongly for the second day in a row. Likely helping was a Digitimes report noting Taiwanese display manufacturers AU Optronics (AUO) and Innolux continue to invest in ramping OLED production, albeit while struggling with near-term yield and resource issues. For now, PANL remains very dependent on Samsung' OLED panel output. (yesterday)
    | Dec. 7, 2012, 6:40 PM | Comment!
  • Dec. 6, 2012, 11:17 AM
    Beaten-down Universal Display (PANL +9.6%) is up sharply. A likely reason: a Reuters column discussing expectations Samsung's (SSNLF.PK) Galaxy S IV will feature an "unbreakable" plastic display. That suggests the use of PANL's flexible OLED tech. Shares were crushed in November thanks to a Q3 miss blamed on Samsung's decision to hold off on ramping the use of PANL's green materials in its OLED displays. 30.7% of the float was shorted as of Nov. 15. (also: I, II)
    | Dec. 6, 2012, 11:17 AM | Comment!
  • Dec. 4, 2012, 6:57 PM
    Offering bigger displays than the iPhone has helped Android gain smartphone share ... can it help tablet OEMs trying to challenge the iPad's high-end dominance? While a Microsoft insider claims a 14.6" "Surface Book" is being considered, SamMobile passes on a rumor that Samsung (SSNLF.PK) is working on a 13.3" tablet with a built-in keyboard dock. Barring hardware advances, devices of such size will get uncomfortable to hold after a while. Separately, reports are floating around that the Galaxy S IV will feature a 5" 1080p OLED display and 13MP camera.
    | Dec. 4, 2012, 6:57 PM | 2 Comments
  • Nov. 26, 2012, 9:29 AM
    Samsung's (SSNLF.PK) oversized Galaxy Note II appears to be at least as popular as its predecessor: channel sales of the 5.5" device have topped 5M less than 4 weeks after Samsung announced they had crossed 3M. The original Note produced 10M+ unit sales. Samsung's ability to hit high-end and low-end segments Apple has chosen not to target (either for margin or user experience reasons) is a big reason why its smartphone unit share is now in a league of its own.
    | Nov. 26, 2012, 9:29 AM | Comment!
Company Description
Universal Display Corp is engaged in the research, development & commercialization of organic light emitting diode or OLED, technologies & materials for use in displays for wearables, smartphones, tablets & televisions & solid-state lighting applications.
Sector: Technology
Country: United States