OLED TV ‘Just Beginning Its Commercial Journey,’ Universal Display CEO Says

OLED technology supplier Universal Display thinks OLED is “transforming” the CE “landscape” and “in just a few years, we believe that OLED TVs will be a significant contender in the mainstream market,” CEO Steve Abramson said on an earnings call. OLED’s share of the mobile phones category “has grown by leaps and bounds,” and Universal believes OLED in the TV market “is just beginning its commercial journey,” Abramson said Thursday. “We are excited for the future,” because the company is “well-positioned to take advantage of the great opportunities of this growing industry” by driving “profitable growth” and delivering “the most energy-efficient, high-performance and cost-effective emissive layer solutions in the industry,” he said.