Universal Display Sees OVJP Printing Technology as Viable for Future OLED TVs

OLED technology supplier Universal Display sees its “proprietary” organic vapor jet printing (OVJP) technology as “a strong option for manufacturing OLED TVs in the future,” CEO Steven Abramson said on a Thursday earnings call. OVJP is “a novel manufacturing printing process” that allows manufacturers to use a gas stream to print “small-molecule” OLED materials onto a substrate, Abramson said. “Panel makers would be able to use the same type of materials that are currently being used in existing vacuum deposition systems, but without the need of a mask set.” OVJP is conducive to producing large OLED TV panels more cost-effectively, he said. “We've been hitting key technical research benchmarks, recently demonstrating the capabilities of print at 4K resolution. We are accelerating our development efforts and working on future commercialization plans.” The commercial launch of OVJP “is still a few years away,” but “we are growing our company for the short, medium and long term and OVJP is part of that strategy,” he said. The company thinks OVJP “will be commercially viable in a few years and we are evaluating the commercialization and partnering options because we do believe it's a strong contender for cost-effective larger-area TV production,” he said.