Universal Display researches, develops, and sells organic light emitting diode (OLED) technologies and materials for the flat-panel display industry.
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OLEDs are likely to be the future of the display and lighting industries, and PANL is a leader in developing and patenting the necessary technologies. It could be a big winner if OLEDs take off. However, this company is very speculative because the technology and manufacturing processes are not yet proven, and it is not known how long it will take to see successful commercial active matrix OLED products that incorporate PANLs intellectual property or chemicals.