Universal Display researches, develops, and sells organic light emitting diode (OLED) technologies and materials for the flat-panel display industry.
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Univesal Display is a central player in OLED display and lighting technology. The power saving advantages of OLEDs will definitely become a part of the mobile smartphone and computer market for this reason alone. Universal has slowly increased revenues from commercial sales and from developmental contracts over the past several years. I expect that slow increase to continue in the next few years, but when OLED tech becomes the defacto display for laptops, tablets, and netbooks, those revenues will explode. I have personally held PANL for years and am content to wait a few more.