OLED on Nasdaq
Universal Display Corporation
Logo: Universal Display Corporation, Public domain, via Wikimedia Commons4
Developer and manufacturer of OLED technologies
Universal Display Corporation is a developer and manufacturer of organic light emitting diode (OLED) technologies and materials, and it is a provider of services to the display and lighting industries. Founded in 1994, the company currently owns or has license rights to more than 6,500 issued and pending patents worldwide for the commercialization of phosphorescent based OLEDs and also flexible, transparent and stacked OLEDs - for both display and lighting applications.3 It is headquartered in Ewing Township.1 Wikipedia text CC BY-SA 4.0
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Last updated Oct 21, 2026.
Overview
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- TickerOLED on Nasdaq1
- IndustryOLED, computer hardware industry1
- HeadquartersEwing Township1
- Websitewww.udcoled.com
- Legal formcorporation1
- Incorporated inPA5
- Business address250 Phillips Boulevard, Ewing, Nj 086185
- Filer categoryLarge accelerated filer5
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Universal Display Corporation is a developer and manufacturer of organic light emitting diode (OLED) technologies and materials, and it is a provider of services to the display and lighting industries.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Material Sales brought in 54% of the revenue Universal Display Corporation broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Material Sales | $322.0M | $365.4M | $353.0M |
| Royalty And License Fees | $238.4M | $266.8M | $275.1M |
| Contract Research Services | $16.0M | $15.4M | $22.5M |
Regions
South Korea brought in 59% of the revenue Universal Display Corporation broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| South Korea | $322.5M | $397.8M | $383.5M |
| China | $229.7M | $229.4M | $238.2M |
| United States | $12.8M | $14.4M | $24.4M |
| Japan | $7.0M | $3.6M | $2.8M |
| Other Non U S | $4.4M | $2.5M | $1.7M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue23¢$154.1M
- Research and development22¢$146.1M
- Selling, general and admin11¢$74.3M
- Income tax8¢$52.7M
- Profit36¢$242.1M
Out of $650.6M in revenue.8
Where each dollar of operating cash went, fiscal 2025
- Capital spending27¢$56.5M
- Dividends paid41¢$85.5M
- Share buybacks16¢$32.9M
- Kept or used elsewhere17¢$35.9M
Out of $210.8M of cash from operations.8
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total revenue | $650.6M | $647.7M | $576.4M |
| COST OF SALES | $154.1M | $148.5M | $135.4M |
| Gross margin | $496.5M | $499.2M | $441.1M |
| Research and development | $146.1M | $157.2M | $130.5M |
| Selling, general and administrative | $74.3M | $74.3M | $67.4M |
| Amortization of acquired technology and other intangible assets | $18.2M | $18.2M | $16.0M |
| Patent costs | $8.8M | $8.7M | $9.4M |
| Royalty and license expense | $504.0K | $2.0M | $647.0K |
| Total operating expenses | $247.9M | $260.4M | $223.9M |
| OPERATING INCOME | $248.6M | $238.8M | $217.2M |
| Interest income, net | $39.7M | $40.7M | $28.2M |
| Other and other income, net | $6.5M | -$7.4M | -$184.0K |
| Interest and other income, net | $46.2M | $33.3M | $28.0M |
| Income before income taxes | $294.8M | $272.1M | $245.2M |
| INCOME TAX EXPENSE | -$52.7M | -$50.0M | -$42.2M |
| NET INCOME | $242.1M | $222.1M | $203.0M |
| BASIC | $5.09 | $4.66 | $4.25 |
| DILUTED | $5.08 | $4.65 | $4.24 |
| BASIC | 47.5M shares | 47.5M shares | 47.6M shares |
| DILUTED | 47.7M shares | 47.7M shares | 47.6M shares |
| CASH DIVIDEND DECLARED PER COMMON SHARE | $1.80 | $1.60 | $1.40 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $138.4M | $99.0M | ||
| Short-term investments | $464.0M | $393.7M | ||
| Accounts receivable | $120.0M | $113.6M | ||
| Inventory | $240.9M | $182.9M | ||
| Other current assets | $123.8M | $110.6M | ||
| Total current assets | $1.1B | $899.8M | ||
| PROPERTY AND EQUIPMENT, net of accumulated depreciation of $189,326 and $169,877 | $214.9M | $195.2M | ||
| ACQUIRED TECHNOLOGY, net of accumulated amortization of $220,392 and $203,621 | $56.8M | $73.6M | ||
| OTHER INTANGIBLE ASSETS, net of accumulated amortization of $13,269 and $11,842 | $4.0M | $5.4M | ||
| GOODWILL | $15.5M | $15.5M | ||
| INVESTMENTS | $377.0M | $457.6M | ||
| DEFERRED INCOME TAXES | $79.5M | $78.3M | ||
| OTHER ASSETS | $128.9M | $106.8M | ||
| TOTAL ASSETS | $2.0B | $1.8B | ||
| Accounts payable | $23.3M | $36.6M | ||
| Accrued expenses | $52.6M | $46.0M | ||
| Deferred revenue | $21.0M | $33.1M | ||
| Other current liabilities | $11.1M | $9.7M | ||
| Total current liabilities | $108.0M | $125.4M | ||
| DEFERRED REVENUE | $1.9M | $537.0K | ||
| RETIREMENT PLAN BENEFIT LIABILITY | $56.5M | $54.5M | ||
| OTHER LIABILITIES | $36.2M | $35.4M | ||
| Total liabilities | $202.7M | $215.8M | ||
| Preferred Stock, par value $0.01 per share, 5,000,000 shares authorized, 200,000 shares of Series A Nonconvertible Preferred Stock issued and outstanding (liquidation value of $7.50 per share or $1,500) | $2.0K | $2.0K | ||
| Common Stock, par value $ 0.01 per share, 200,000,000 shares authorized, 48,916,606 and 48,834,541 share issued, and 47,259,748 and 47,468,893 shares outstanding at December 31,2025 and December 31, 2024, respectively | $489.0K | $488.0K | ||
| Additional paid-in capital | $744.7M | $723.7M | ||
| Retained earnings | $1.1B | $934.7M | ||
| Accumulated other comprehensive income (loss) | $781.0K | -$1.1M | ||
| Treasury stock, at cost (1,656,858 and 1,365,648 shares at December 31,2025 and December 31,2024 respectively) | -$75.4M | -$41.3M | ||
| Total shareholders equity | $1.8B | $1.6B | $1.4B | $1.3B |
| TOTAL LIABILITIES AND SHAREHOLDERS EQUITY | $2.0B | $1.8B | ||
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $189.3M | $169.9M | ||
| Finite-Lived Intangible Assets, Accumulated Amortization | $220.4M | $203.6M | ||
| Other Finite-Lived Intangible Assets, Accumulated Amortization | $13.3M | $11.8M | ||
| Preferred Stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Preferred Stock, shares authorized ( in shares) | 5.0M shares | 5.0M shares | ||
| Common Stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Common Stock, shares authorized (in shares) | 200.0M shares | 200.0M shares | ||
| Common Stock, shares issued (in shares) | 48.9M shares | 48.8M shares | ||
| Common Stock, shares outstanding (in shares) | 47.3M shares | 47.5M shares | ||
| Treasury Stock, Common, Shares | 1.7M shares | 1.4M shares | ||
| Treasury Stock, Preferred, Shares | 1.7M shares | 1.4M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $138.4M | $99.0M | ||
| Short-term investments | $464.0M | $393.7M | ||
| Accounts receivable | $120.0M | $113.6M | ||
| Inventory | $240.9M | $182.9M | ||
| Other current assets | $123.8M | $110.6M | ||
| Total current assets | $1.1B | $899.8M | ||
| PROPERTY AND EQUIPMENT, net of accumulated depreciation of $189,326 and $169,877 | $214.9M | $195.2M | ||
| ACQUIRED TECHNOLOGY, net of accumulated amortization of $220,392 and $203,621 | $56.8M | $73.6M | ||
| OTHER INTANGIBLE ASSETS, net of accumulated amortization of $13,269 and $11,842 | $4.0M | $5.4M | ||
| GOODWILL | $15.5M | $15.5M | ||
| INVESTMENTS | $377.0M | $457.6M | ||
| DEFERRED INCOME TAXES | $79.5M | $78.3M | ||
| OTHER ASSETS | $128.9M | $106.8M | ||
| TOTAL ASSETS | $2.0B | $1.8B | ||
| Accounts payable | $23.3M | $36.6M | ||
| Accrued expenses | $52.6M | $46.0M | ||
| Deferred revenue | $21.0M | $33.1M | ||
| Other current liabilities | $11.1M | $9.7M | ||
| Total current liabilities | $108.0M | $125.4M | ||
| DEFERRED REVENUE | $1.9M | $537.0K | ||
| RETIREMENT PLAN BENEFIT LIABILITY | $56.5M | $54.5M | ||
| OTHER LIABILITIES | $36.2M | $35.4M | ||
| Total liabilities | $202.7M | $215.8M | ||
| Preferred Stock, par value $0.01 per share, 5,000,000 shares authorized, 200,000 shares of Series A Nonconvertible Preferred Stock issued and outstanding (liquidation value of $7.50 per share or $1,500) | $2.0K | $2.0K | ||
| Common Stock, par value $ 0.01 per share, 200,000,000 shares authorized, 48,916,606 and 48,834,541 share issued, and 47,259,748 and 47,468,893 shares outstanding at December 31,2025 and December 31, 2024, respectively | $489.0K | $488.0K | ||
| Additional paid-in capital | $744.7M | $723.7M | ||
| Retained earnings | $1.1B | $934.7M | ||
| Accumulated other comprehensive income (loss) | $781.0K | -$1.1M | ||
| Treasury stock, at cost (1,656,858 and 1,365,648 shares at December 31,2025 and December 31,2024 respectively) | -$75.4M | -$41.3M | ||
| Total shareholders equity | $1.8B | $1.6B | $1.4B | $1.3B |
| TOTAL LIABILITIES AND SHAREHOLDERS EQUITY | $2.0B | $1.8B | ||
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $189.3M | $169.9M | ||
| Finite-Lived Intangible Assets, Accumulated Amortization | $220.4M | $203.6M | ||
| Other Finite-Lived Intangible Assets, Accumulated Amortization | $13.3M | $11.8M | ||
| Preferred Stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Preferred Stock, shares authorized ( in shares) | 5.0M shares | 5.0M shares | ||
| Common Stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Common Stock, shares authorized (in shares) | 200.0M shares | 200.0M shares | ||
| Common Stock, shares issued (in shares) | 48.9M shares | 48.8M shares | ||
| Common Stock, shares outstanding (in shares) | 47.3M shares | 47.5M shares | ||
| Treasury Stock, Common, Shares | 1.7M shares | 1.4M shares | ||
| Treasury Stock, Preferred, Shares | 1.7M shares | 1.4M shares |
Every line of the cash flow as filed: the last 3 fiscal years, latest first.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net Income | $242.1M | $222.1M | $203.0M |
| Depreciation | $28.4M | $25.9M | $27.4M |
| Impairment of property and equipment and right-of-use asset due to OVJP restructuring | $1.6M | $7.5M | $0 |
| Amortization of intangibles | $18.2M | $18.2M | $16.0M |
| Investment gains, net | -$8.8M | -$7.4M | -$11.6M |
| Stock-based compensation | $28.2M | $30.0M | $24.1M |
| Deferred income tax benefit | -$1.0M | -$19.1M | -$3.8M |
| Retirement plan expense, net of benefit payments | $1.7M | $1.8M | $3.1M |
| Accounts receivable | -$6.3M | $26.2M | -$47.2M |
| Inventory | -$58.0M | -$7.1M | $7.4M |
| Other current assets | -$3.3M | -$23.2M | -$41.6M |
| Other assets | -$23.7M | -$3.0M | $4.5M |
| Accounts payable and accrued expenses | $2.1M | $10.4M | $4.0M |
| Other current liabilities | -$441.0K | $1.3M | -$21.5M |
| Deferred revenue | -$10.7M | -$26.1M | -$4.2M |
| Other liabilities | $689.0K | -$3.7M | -$5.0M |
| Net cash provided by operating activities | $210.8M | $253.7M | $154.8M |
| Purchases of property and equipment | -$56.5M | -$42.6M | -$59.8M |
| Purchase of intangibles | -$10.0M | $0 | -$66.6M |
| Purchases of investments | -$375.5M | -$594.8M | -$531.1M |
| Proceeds from sale and maturity of investments | $396.5M | $473.1M | $574.2M |
| Net cash used in investing activities | -$45.5M | -$164.4M | -$83.3M |
| Proceeds from issuance of common stock | $2.0M | $2.2M | $2.0M |
| Repurchase of common stock | -$32.9M | $0 | $0 |
| Payment of withholding taxes related to stock-based compensation to employees | -$9.6M | -$8.4M | -$8.2M |
| Cash dividends paid | -$85.5M | -$76.2M | -$66.7M |
| Net cash used in financing activities | -$126.0M | -$82.3M | -$72.9M |
| INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | $39.4M | $7.0M | -$1.4M |
No quarter-by-quarter statement was filed.
Corporate structure
Universal Display Corporation sits at the top of its group. 8 entities, 6 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Universal Display Corporation
- KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC Filed SCHEDULE 13G/A on Universal Display Corporation, latest Aug 13, 2026 (4 filings since Nov 13, 2024)
- VANGUARD PORTFOLIO MANAGEMENT LLC Filed SCHEDULE 13G on Universal Display Corporation, latest Apr 29, 2026
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on Universal Display Corporation, latest Mar 27, 2026 (5 filings since Feb 10, 2022)
- BlackRock Filed SCHEDULE 13G/A on Universal Display Corporation, latest Oct 17, 2025 (5 filings since Feb 1, 2022)
- Macquarie Group Filed SC 13G/A on Universal Display Corporation, latest Feb 14, 2022
- Universal Display Corporation Ewing Township
- OLED Material Manufacturing Limited, a private company limited by shares, organized under the laws of Subsidiary · Ireland
- UDC Chengdu OLED Technology, Ltd., a wholly foreign-owned limited liability company organized under the laws of Subsidiary · China
- UDC Ireland Limited, a private company limited by shares, organized under the laws of Subsidiary · Ireland
- Universal Display Corporation China, Ltd., a wholly foreign-owned limited liability company organized under the laws of Subsidiary · China
- Universal Display Corporation Japan GK, a limited liability entity organized under the laws of Subsidiary · Japan
- Universal Display Corporation Korea, Y.H., a limited liability entity organized under the laws of Subsidiary · South Korea
- Universal Vapor Jet Corporation Pte. Ltd., a private company limited by shares, organized under the laws of Subsidiary · Singapore
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Universal Display Corporation reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $404.3M8 Dec 31, 2025 | $365.1M8 Dec 31, 2024 | +10.7% |
| Accumulated depreciation | $189.3M8 Dec 31, 2025 | $169.9M8 Dec 31, 2024 | +11.4% |
| Property and equipment, net | $214.9M8 Dec 31, 2025 | $195.2M8 Dec 31, 2024 | +10.1% |
| Operating-lease assets (leased space) | $19.9M8 Dec 31, 2025 | $19.9M8 Dec 31, 2024 | +0.3% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $138.4M8 Dec 31, 2025 | $99.0M8 Dec 31, 2024 | +39.8% |
| Marketable securities, current | $464.0M8 Dec 31, 2025 | $393.7M8 Dec 31, 2024 | +17.9% |
| Debt securities available for sale | $2.0M8 Dec 31, 2025 | $3.5M8 Dec 31, 2024 | −42.9% |
| Long-term investments | $377.0M8 Dec 31, 2025 | $457.6M8 Dec 31, 2024 | −17.6% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $15.5M8 Dec 31, 2025 | $15.5M8 Dec 31, 2024 | 0% |
| Finite-lived intangibles, gross | $277.2M8 Dec 31, 2025 | $277.2M8 Dec 31, 2024 | 0% |
| Accumulated amortization | $220.4M8 Dec 31, 2025 | $203.6M8 Dec 31, 2024 | +8.2% |
| Finite-lived intangibles, net | $56.8M8 Dec 31, 2025 | $73.6M8 Dec 31, 2024 | −22.8% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $240.9M8 Dec 31, 2025 | $182.9M8 Dec 31, 2024 | +31.7% |
| Raw materials | $144.3M8 Dec 31, 2025 | $106.8M8 Dec 31, 2024 | +35.1% |
| Work in process | $24.1M8 Dec 31, 2025 | $16.4M8 Dec 31, 2024 | +47.2% |
| Finished goods | $72.5M8 Dec 31, 2025 | $59.8M8 Dec 31, 2024 | +21.3% |
Properties, in its own words
As of December 31, 2025, our principal operating facilities were located at the following locations:
Location · Description of Use · Country
The rest of Item 2
375 Phillips Blvd. Ewing, New Jersey · Corporate Offices and Research & Development Laboratories · United States
250 Phillips Blvd. Ewing, New Jersey (1) · Corporate Offices and Manufacturing Logistics · United States
300 Phillips Blvd. Ewing, New Jersey (1) · Corporate and Collaboration Offices · United States
27 McCullough Drive New Castle, Delaware · Adesis Offices and Manufacturing Laboratories · United States
Shannon Industrial Estate, Shannon, County Clare (2) · Manufacturing Facility · Ireland
Block A, 7F. Korea Bio Park 700 Daewangpangyo-ro, Bundang-gu Seongnam-si, Gyeonggi-do, 13488, South Korea (3) · Application Center · South Korea
Approximately 88,000 square feet for the expansion of research and development activities, collaboration, manufacturing logistics and other corporate functions.
Leased beginning in 2021 for production by PPG of our PHOLED materials and purchased in September 2023.
Leased beginning in 2017 and purchased in May 2023.
Item 2 of the 10-K filed Feb 19, 2026.16
Leadership
Who has led Universal Display Corporation, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerSteven Abramson V. Jan 11, 2008 to now17
- Chief executive officerSherwin I. Seligsohn Jan 4, 2006 to Dec 18, 200718
- ChairSherwin I. Seligsohn Jan 4, 2006 to Apr 7, 202218
- PresidentSteven Abramson V. Jan 4, 2006 to now19
- Chief financial officerBrian Millard Sep 8, 2022 to now20
- Chief financial officerSidney D. Rosenblatt Jan 4, 2006 to Sep 2, 202221
- Chief operating officerSteven Abramson V. Jan 4, 2006 to Dec 18, 200719
Board members and other officers (16)
- VP, Legal & GM, LicensingMauro Premutico Jul 2, 2012 to Sep 8, 202322
- VP Strategic Product DevelopMichael G. Hack Jan 5, 2010 to Jun 26, 201423
- VP of Tech CommercializationJanice K. Mahon Jan 10, 2008 to now24
- Chief Technical OfficerJulia J. Brown Jan 4, 2006 to now25
- Board memberApril Walker Dec 23, 2024 to now26
- Board memberCelia M. Joseph Jan 29, 2020 to now27
- Board memberCynthia Jane Comparin Jan 29, 2020 to now28
- Board memberRosemarie B. Greco Mar 5, 2015 to May 9, 201929
- Board memberRichard C. Elias Apr 14, 2014 to now30
- Board memberC. Keith Hartley Jan 4, 2006 to now31
- Board memberElizabeth H. Gemmill Jan 4, 2006 to now32
- Board memberLawrence Lacerte Jan 4, 2006 to now33
- Board memberLeonard Becker Jan 4, 2006 to May 25, 201734
- Board memberSidney D. Rosenblatt Jan 4, 2006 to now21
- Board memberSteven Abramson V. Jan 4, 2006 to now19
- General counselMauro Premutico Feb 21, 2024 to now35
Products and brands
Products that use UDC technology
Apple began using OLED panels in its watches in 2015 and in its laptops in 2016 with the introduction of an OLED touchbar to the MacBook Pro. In 2017, Apple announced the introduction of their tenth anniversary iPhone X with their own optimized OLED display licensed from Universal Display Corporation. All subsequent iPhones have had OLED displays. Apple has also expanded the use of OLED displays into iPads and also future MacBooks
The Korea Times claimed that Google's wearable display headset Google Glass would use OLED microdisplays made by Samsung Display, with licensed technology from Universal Display.
Sony have announced the 3rd generation of their Heads Up Micro-Displays (HMD) using OLED panels from UDC.
Smartphones
Universal Display's OLED screens are in Samsung's Galaxy S, S II and S III, Galaxy S IV, and Galaxy S5 smartphones.
Read the full text
The Galaxy S4 has a 4.99" Full-HD (1920x1080, 441 PPI) Super AMOLED display behind a Corning Gorilla Glass 3.
Universal Display reported that Samsung Display Corporation (SDC) adopted UDC's green PHOLED (host and emitter) in the 5" Full-HD Super AMOLED display used in the Galaxy S4 smartphone. This is a significant development as the green PHOLED increases energy efficiency of displays by up to 25%
Nokia's Lumia 1020 smartphone and BlackBerry's Q10 and Z30 models have OLED screens.
In October 2013, Samsung released the first ever curved display smartphone called the Galaxy Round. Samsung also introduced the "Roll Effect" where when the phone's screen is off and is rolled, it displays basic information like time or battery percentage. While it is possible to curve LCD screens, analysts say OLED screens provide better technical benefits.
Samsung introduced the Galaxy Round in the Korean market in October 2013. The device features a 1080p screen, measuring 5.7 inches (14 cm), that curves on the vertical axis in a rounded case.
The Galaxy S5, launched in Feb 2014, has a 5-inch Super AMOLED screen.
Smart watches
In September 2013 Samsung unveiled their Galaxy Gear Smartwatch having a 1.6 inch OLED screen and multiple apps to link the watch to an Android smartphone. It originally went on sale in the US in October 2013 for $299 and featured a 1.63" 320x320 (275 PPI) Super AMOLED display.
The LG G Watch R is smartwatch featuring a circular face and an OLED screen.
LG has released a second premium smart watch called the "Urbane" which retails for $590.
OLED displays are expected to dominate the smart watch market with 58% market share.
Apple began using OLED panels in its watches in 2015 and all subsequent watches.
Tablets
Panasonic has showcased a 20-inch OLED screened tablet with a resolution of 4K (3840×2160 pixels).
Samsung has released two Galaxy Tablets using OLED technology. The Galaxy Tab S 10.5 was released with Android 4.4.2 Kitkat.
The Galaxy Tab S 10.5 has a 10.5-inch WQXGA Super AMOLED screen with a resolution of 2560x1600 pixels and a pixel density of 287 ppi.
The Galaxy Tab S 8.4 has an 8.4-inch Full HD Super AMOLED screen with a resolution of 2560x1600 pixels and a pixel density of 359 ppi.
Televisions
Samsung and LG-Display showed 55-inch OLED-Television devices at CES-2012. But both companies had to delay their mass production. Also AUO, Sony and Epson will start AMOLED-TV production in 2014.
In June 2013 Samsung announced the Korean availability of a 55-inch curved OLED HDTV. Priced at 15 million Korean won (around $13,500). Samsung also reiterates the claim LG made when it launched its own curved OLED model that "keeping all parts of the screen an equal distance from the viewer makes for a better viewing experience." By August 2013, Samsung dropped the price of the OLED television by 30% claiming "better yields" in manufacturing.
In September 2013 at the IFA electronics show, Samsung unveiled their 98-inch 4K AMOLED television.
LG showcased an Ultra High Definition (UHD) curved 77inch screen at the IFA electronics show. This is a 4K WRGB OLED screen. In October 2014, LG reported that their Television sales has jumped 20x in volume shipments since 2013.
CNET reviewed the LG 55EC9300 OLED Television in September 2014 and called it "The best. Picture. Ever." Combining the best qualities of LED and Plasma without the disadvantages.
With the arrival of Quantum Dot LCD displays, LG released an article describing why they still see OLED as the future of Television displays: "In fact, OLED technology is the technology that is so much advanced that it should not be compared to an LCD based QD. Hence, even though LG already has the technology to create QD backlighting, it is focusing on developing OLED".
In January 2015, LG Display signed a long-term agreement with UDC for the supply of OLED materials and the right to use their patented OLED emitters. LG is the leader in the push for OLED Televisions.
In 2017, LG revealed five new models of OLED TVs, the flagship model being as thin as 0.9mm.
Technological advantages of OLED
The different manufacturing process of OLEDs lends itself to several advantages over flat panel displays made with current LCD technology.
Lower cost in the futureOLEDs can be printed onto any suitable substrate by an inkjet printer or even by screen printing, theoretically making them cheaper to produce than LCD or plasma displays. However, fabrication of the OLED substrate is more costly than that of a TFT LCD, until mass production methods lower cost through scalability. Roll-to-roll vapour-deposition methods for organic devices do allow mass production of thousands of devices per minute for minimal cost, although this technique also induces problems in that devices with multiple layers can be challenging to make because of registration, lining up the different printed layers to the required degree of accuracy.
Lightweight and flexible plastic substratesOLED displays can be fabricated on flexible plastic substrates leading to the possible fabrication of flexible organic light-emitting diodes for other new applications, such as roll-up displays embedded in fabrics or clothing. As the substrate used can be flexible such as polyethylene terephthalate (PET), the displays may be produced inexpensively.
Wider viewing angles and improved brightnessOLEDs can enable a greater artificial contrast ratio (both dynamic range and static, measured in purely dark conditions) and a wider viewing angle compared to LCDs because OLED pixels emit light directly. OLED pixel colors appear correct and unshifted, even as the viewing angle approaches 90° from normal.
Better power efficiency and thicknessLCDs filter the light emitted from a backlight, allowing a small fraction of light through. So, they cannot show true black. However, an inactive OLED element does not produce light or consume power, thus allowing true blacks. Dismissing the backlight also makes OLEDs lighter because some substrates are not needed. This allows electronics potentially to be manufactured more cheaply, but, first, a larger production scale is needed, because OLEDs still somewhat are niche products. When looking at top-emitting OLEDs, thickness also plays a role when talking about index match layers (IMLs). Emission intensity is enhanced when the IML thickness is 1.3–2.5 nm. The refractive value and the matching of the optical IMLs property, including the device structure parameters, also enhance the emission intensity at these thicknesses.
Response timeOLEDs also can have a faster response time than standard LCD screens. Whereas LCD displays are capable of between 1 and 16 ms response time offering a refresh rate of 60 to 480 Hz, an OLED theoretically can have a response time less than 0.01 ms, enabling a refresh rate up to 100,000 Hz. OLEDs also can be run as a flicker display, similar to a CRT, in order to eliminate the sample-and-hold effect that creates motion blur on OLEDs.
Some disadvantages include:
Power consumptionWhile an OLED will consume around 40% of the power of an LCD displaying an image that is primarily black, for the majority of images it will consume 60–80% of the power of an LCD. However, an OLED can use more than three times as much power to display an image with a white background, such as a document or web site. This can lead to reduced battery life in mobile devices, when white backgrounds are used.
According to OLED Display "Samsung Display uses different Sub Pixel Matrix technologies for their smartphone Super-Amoled Displays. For the Galaxy S4 and S5 they use the Diamond Pixel Matrix."
From Wikipedia’s article on Universal Display Corporation, shared under CC BY-SA 4.0.6
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- OLED Material Manufacturing Limited, a private company limited by shares, organized under the laws of Ireland.7
- UDC Chengdu OLED Technology, Ltd., a wholly foreign-owned limited liability company organized under the laws of China.7
- UDC Ireland Limited, a private company limited by shares, organized under the laws of Ireland.7
- Universal Display Corporation China, Ltd., a wholly foreign-owned limited liability company organized under the laws of China.7
- Universal Display Corporation Japan GK, a limited liability entity organized under the laws of Japan.7
- Universal Display Corporation Korea, Y.H., a limited liability entity organized under the laws of the Republic of Korea.7
- Universal Vapor Jet Corporation Pte. Ltd., a private company limited by shares, organized under the laws of Singapore.7
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- UNIVERSAL DISPLAY CORP \PA\May 28, 1996 to Oct 9, 20265
Controversies and legal
Patent disputes
In 2012, UDC reported two favorable patent decisions. The first one is from Japan, regarding two patents (JP781 and JP158) relating to UDC's L2MX technology. The patents were upheld as valid by the Japanese patent office. The second decision related to one of the OVJP patents in Korea. The Korean patent office issued a favorable decision which upheld the patent as valid. Some financial analysts have contended that Universal Display's patents are likely to be rescinded in November 2013 at the EPO Board of Appeal. However, Oppenheimer analyst Andrew Uekwitz already chimed in to defend them, saying Asensio's latest article "contains nothing new or valuable" that wasn't already disclosed in its most recent quarterly report.
From Wikipedia’s article on Universal Display Corporation, shared under CC BY-SA 4.0.6
Timeline
- Jul 30, 20268-K Results of operations36
- Jun 22, 20268-K Shareholder vote37
- Apr 30, 20268-K Results of operations; Other events38
- Feb 19, 20268-K Results of operations39
- Nov 6, 20258-K Results of operations; Regulation FD disclosure40
- Jul 31, 20258-K Results of operations41
- Jun 23, 20258-K Shareholder vote42
- May 1, 20258-K Results of operations; Other events43
- Feb 20, 20258-K Results of operations44
- Dec 17, 20248-K Executive or director change45
- Oct 30, 20248-K Results of operations46
- Aug 1, 20248-K Results of operations47
- Jan 11, 2008New chief executive Steven Abramson V. becomes CEO17
- Jan 4, 2006New chief executive Sherwin I. Seligsohn becomes CEO18
- Apr 12, 1996Went public Listed on NASDAQ1
- 1994Founded Founded1
Calendar
Coming up
- Oct 28, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.92 a share, on Nov 6, 2025.48
When it reported results
- Jul 30, 2026Reported quarterly or annual results36
- Apr 30, 2026Reported quarterly or annual results38
- Feb 19, 2026Reported quarterly or annual results39
- Nov 6, 2025Reported quarterly or annual results40
- Jul 31, 2025Reported quarterly or annual results41
- May 1, 2025Reported quarterly or annual results43
- Feb 20, 2025Reported quarterly or annual results44
- Oct 30, 2024Reported quarterly or annual results46
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
416 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 31 major events, 321 insider forms, 16 large holders, 28 other. The latest 20:
- Oct 9, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Aug 20, 20264 EDGAR
- Aug 18, 2026144 EDGAR
- Aug 13, 2026SCHEDULE 13G/A EDGAR
- Jul 30, 202610-Q EDGAR
- Jul 30, 20268-K EDGAR
- Jul 14, 20264 EDGAR
- Jul 2, 20264 EDGAR
- Jul 2, 20264 EDGAR
- Jul 2, 20264 EDGAR
The 416 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
23 open-market trades by officers, directors and large owners since October 2021: 5 buys and 18 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 18, 2026 | LACERTE LAWRENCEDirector | Sale | 4,967 | $84.98 | $422.1K | Form 4 |
| May 11, 2026 | ELIAS RICHARD CDirector | Buy | 1,000 | $92.84 | $92.8K | Form 4 |
| May 7, 2026 | Premutico MauroSVP & CLO | Buy | 3,694 | $93.40 | $345.0K | Form 4 |
| May 7, 2026 | ABRAMSON STEVEN VPresident and CEO | Buy | 11,000 | $93.43 | $1.0M | Form 4 |
| Aug 19, 2025 | Millard BrianVP/CFO | Sale | 2,651 | $140.75 | $373.1K | Form 4 |
| Nov 4, 2024 | LACERTE LAWRENCEDirector | Buy | 742 | $180.89 | $134.2K | Form 4 |
| Aug 29, 2024 | ELIAS RICHARD CDirector | Sale | 5,064 | $192.60 | $975.3K | Form 4 |
| Aug 28, 2024 | LACERTE LAWRENCEDirector | Buy | 1,000 | $187.99 | $188.0K | Form 4 |
| May 8, 2024 | BROWN JULIA JEVP & Chief Technical Officer | Sale | 10,358 | $175.00 | $1.8M | Form 4 |
| May 7, 2024 | Premutico MauroSVP & CLO | Sale | 8,202 | $176.82 | $1.5M | Form 4 |
| Feb 27, 2024 | LACERTE LAWRENCEDirector | Sale | 7,000 | $171.32 | $1.2M | Form 4 |
| Sep 6, 2023 | Premutico MauroSVP & CLO | Sale | 9,351 | $161.17 | $1.5M | Form 4 |
| Aug 9, 2023 | ELIAS RICHARD CDirector | Sale | 2,000 | $157.68 | $315.4K | Form 4 |
| Jun 7, 2023 | BROWN JULIA JEVP & Chief Technical Officer | Sale | 3,450 | $150.70 | $519.9K | Form 4 |
| Jun 6, 2023 | BROWN JULIA JEVP & Chief Technical Officer | Sale | 1,764 | $150.14 | $264.8K | Form 4 |
| May 9, 2023 | LACERTE LAWRENCEDirector | Sale | 15,000 | $136.73 | $2.1M | Form 4 |
| Feb 28, 2023 | LACERTE LAWRENCEDirector | Sale | 21,098 | $137.56 | $2.9M | Form 4 |
| Nov 14, 2022 | LACERTE LAWRENCEDirector | Sale | 30,000 | $110.08 | $3.3M | Form 4 |
| Nov 14, 2022 | Comparin Cynthia JaneDirector | Sale | 3,628 | $109.88 | $398.6K | Form 4 |
| Sep 1, 2022 | ROSENBLATT SIDNEY DDirector | Sale | 50,000 | $107.25 | $5.4M | Form 4 |
All 23 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLCSCHEDULE 13G/A, 4 filings Nov 13, 2024 to Aug 13, 202649
- VANGUARD PORTFOLIO MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 202650
- VANGUARD GROUP INCSCHEDULE 13G/A, 5 filings Feb 10, 2022 to Mar 27, 202651
- BlackRockSCHEDULE 13G/A, 5 filings Feb 1, 2022 to Oct 17, 202552
- Macquarie GroupSC 13G/A, 1 filing Feb 14, 202253
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Steven V. Abramson | $954.3K | $8.9M54 | |
| 2025 | Julia J. BrownPh.D. | $738.0K | $6.4M54 | |
| 2025 | Mauro Premutico | $629.3K | $5.1M54 | |
| 2025 | SVPTechnology | $517.9K | $4.1M54 | |
| 2025 | Brian Millard | $469.1K | $3.3M54 | |
| 2024 | PresidentChief Executive | $917.8K | $9.1M54 | |
| 2024 | Executive VicePresident | $709.6K | $6.6M54 | |
| 2024 | SVPPlanning, Chief Legal | $605.2K | $5.2M54 | |
| 2024 | Commercialization and GM, | $498.2K | $4.2M54 | |
| 2024 | Vice PresidentChief Financial | $451.1K | $3.4M54 | |
| 2023 | Officer and Director | $878.0K | $9.3M54 | |
| 2023 | and Chief Technical Officer | $679.3K | $6.7M54 | |
| 2023 | Officer and Secretary | $580.2K | $5.3M54 | |
| 2023 | Commercial Sales Business | $478.9K | $4.3M54 | |
| 2023 | Officer and Treasurer | $431.0K | $2.7M54 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 4,318,409 | $373.9M | 0.0% | +28,508 |
| Vanguard Portfolio Management LLC | 2,971,006 | $257.3M | 0.0% | +48,953 |
| State Street Corp | 2,197,143 | $190.3M | 0.0% | +382,845 |
| Primecap Management Co/ca/ | 2,195,818 | $190.1M | 0.1% | +8,390 |
| Kayne Anderson Rudnick Investment Management LLC | 2,166,247 | $187.6M | 0.6% | −1,051,195 |
| Vanguard Capital Management LLC | 1,986,898 | $172.0M | 0.0% | +8,159 |
| First Trust Advisors LP | 1,471,891 | $127.5M | 0.1% | +495,468 |
| Marshall Wace, Llp | 1,340,107 | $116.0M | 0.1% | +674,225 |
| Geode Capital Management, LLC | 1,292,818 | $112.0M | 0.0% | +43,765 |
| Alliancebernstein L.P. | 1,172,883 | $107.5M | 0.0% | +101,219 |
| Jpmorgan Chase & Co | 864,985 | $74.8M | 0.0% | −838,954 |
| Dimensional Fund Advisors LP | 854,695 | $74.0M | 0.0% | +97,529 |
| Franklin Resources Inc | 821,147 | $71.1M | 0.0% | +818,572 |
| XXEC, Inc. | 703,521 | $63.7M | 8.3% | +316,584 |
| Aqr Capital Management LLC | 728,128 | $63.0M | 0.0% | +604,242 |
| Sora Investors LLC | 701,163 | $60.7M | 4.7% | +636,163 |
| Brown Advisory Inc | 693,623 | $60.1M | 0.1% | +45,356 |
| Morgan Stanley | 669,924 | $58.0M | 0.0% | +258,066 |
| Norges Bank | 581,546 | $50.4M | 0.0% | New |
| Copeland Capital Management, LLC | 553,900 | $48.0M | 1.0% | −27,876 |
| Wells Fargo & Company/mn | 466,254 | $40.4M | 0.0% | −132,024 |
| Adage Capital Partners Gp, L.l.c. | 459,626 | $39.8M | 0.1% | +269,500 |
| Charles Schwab Investment Management Inc | 452,539 | $39.2M | 0.0% | +35,590 |
| Amundi | 440,998 | $38.2M | 0.0% | −18,318 |
| UBS Group AG | 431,102 | $37.3M | 0.0% | −166,828 |
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
10 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Oct 20, 2020 | Alan S. Lowenthal, House | Sale | $190 | +183.4% | Report |
| Oct 20, 2020 | Alan S. Lowenthal, House | Sale | $1,001 - $15,000 | +183.4% | Report |
| Oct 19, 2020 | Alan S. Lowenthal, House | Partial sale | $192 | +184.3% | Report |
| Oct 19, 2020 | Alan S. Lowenthal, House | Partial sale | $1,001 - $15,000 | +184.3% | Report |
| Oct 16, 2020 | Alan S. Lowenthal, House | Partial sale | $191 | +181.2% | Report |
| Oct 16, 2020 | Alan S. Lowenthal, House | Partial sale | $1,001 - $15,000 | +181.2% | Report |
| Oct 15, 2020 | Alan S. Lowenthal, House | Partial sale | $192 | +181.3% | Report |
| Oct 15, 2020 | Alan S. Lowenthal, House | Partial sale | $1,001 - $15,000 | +181.3% | Report |
| Jul 28, 2020 | Alan S. Lowenthal, House | Buy | $166 | −192.6% | Report |
| Jul 28, 2020 | Alan S. Lowenthal, House | Buy | $1,001 - $15,000 | −192.6% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
SEC filer profile
How Universal Display Corporation is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARUNIVERSAL DISPLAY CORP \PA\2
- CIK0001005284
- Employer ID (EIN)23-237268816
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company16
- Incorporated inPennsylvania16
- Fiscal year endsDecember 312
- Industry code (SIC)3670 Electronic Components & Accessories2
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
- Business address250 Phillips Boulevard, Ewing, NJ 086182
- Phone60967109802
- Shares outstanding45,966,835 as of Jul 27, 202614
- Public float$6.8T as of Jun 30, 202516
- AuditorKPMG, LLP, Philadelphia, PA, USA PCAOB ID 185; it also attests to the company’s internal control over financial reporting16
- On EDGAR sinceMay 28, 19962
- Filings1,846 in all: 4 (1,170), 8-K (153), 10-Q (81), SC 13G/A (62), 424B3 (30), DEF 14A (30), S-3 (30), 10-K (26)2
All 42 form types
5 (26), UPLOAD (26), SC 13G (21), CT ORDER (20), CORRESP (19), 3 (15), ARS (15), EFFECT (15), S-3/A (15), DEFA14A (14), 10QSB (11), 144 (10), 4/A (7), 10-K/A (6), S-8 (6), 10-Q/A (5), 424B5 (5), SCHEDULE 13G/A (5), 424B2 (4), PRE 14A (3), 10KSB40 (2), 8-K/A (2), 10-K405 (1), 10KSB (1), 10KSB/A (1), 10KSB40/A (1), 3/A (1), 8-A12B (1), POS AM (1), RW (1), S-3ASR (1), SB-2 (1), SB-2/A (1), SCHEDULE 13G (1)
- Latest filingsAnnual report (10-K) Feb 19, 2026
Quarterly report (10-Q) Jul 30, 2026
Proxy statement (DEF 14A) Apr 23, 2026
Latest 8-K (8-K) Jul 30, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, $0.01 par value | OLED | The Nasdaq Stock Market LLC |
From the cover page of the 10-K filed Feb 19, 2026 (Section 12(b) of the Exchange Act).16
Risk factors and legal proceedings
The risks Universal Display Corporation names in Item 1A of its 10-K filed Feb 19, 2026: 30 risks under these headings, as written.16
- Risks Related to Our Intellectual Property
- If we cannot obtain and maintain appropriate patent and other intellectual property protection for our OLED technologies and materials, our business will suffer.
- We or our customers may incur substantial costs or lose important rights as a result of litigation or other proceedings relating to our patent and other intellectual property rights or with respect to our OLED materials business.
- Recent court decisions in various patent cases may make it more difficult for us to obtain future patents, enforce our patents against third parties or obtain favorable judgments in cases where the patents are enforced.
- Risks Related to Our Business and Operations
- If we cannot form and maintain lasting business relationships with OLED product manufacturers, our business strategy will fail.
- If we fail to continue to make advances in our OLED research and development activities, we might not succeed in continuing to commercialize our OLED technologies and materials.
- Conflicts or other problems may arise with our customers or joint development partners, resulting in renegotiation, breach or termination of, or litigation related to, our agreements with them. This would adversely affect our revenues.
- If our OLED technologies and materials are not feasible for broad-based product applications, we may not be able to continue to generate revenues sufficient to support ongoing operations.
- Even if our OLED materials and technologies are technically feasible, they may not be further adopted by product manufacturers for broad-based product applications.
- There are numerous potential alternatives to OLEDs, which may limit our ability to commercialize our OLED technologies and materials.
- Other OLED technologies may be more successful or cost-effective than ours, which may limit the commercial adoption of our OLED technologies and materials.
The other 20 risks
- The consumer electronics industry experiences significant downturns from time to time, any of which may adversely affect the demand for and pricing of our OLED technologies and materials.
- Our customers may develop new or more efficient manufacturing processes, which may adversely affect demand for our OLED materials.
- Epidemics, pandemics, disease outbreaks and other public health crises could have a material adverse effect on our operations and business.
- Any downturn in U.S. or global economic conditions may have a significant adverse effect on our business.
- Many of our competitors have greater resources and are based in the same Asia-Pacific countries where our significant customers are located, which may make it difficult for us to compete successfully against them.
- If we cannot keep our key employees or hire other talented persons as we grow, our business might not succeed.
- We rely solely on PPG to manufacture the OLED materials we use and sell to product manufacturers.
- Inflationary pressures and persistently high prices and uncertain availability of raw materials or other inputs used by us and our suppliers, or instability in logistics and related costs, could negatively impact our profitability.
- We strive to maintain sufficient levels of inventory to accommodate our manufacturing customers. Inventory management relating to our material sales is complex, and excess inventory may harm our business and cause it to suffer.
- We are the sole source supplier for certain critical components used in OLED technologies, which subjects customers to risk if we are unable to meet the demand for such components.
- Because the vast majority of OLED product manufacturers are located in the Asia-Pacific region, we are subject to international operational, financial, legal and political risks which may negatively impact our operations.
- We rely on information technology systems to operate various elements of our business and a cyber-attack or other breach of our systems, or those of third parties on whom we may rely, could subject us to liability or interrupt the operation of our business.
- Natural disasters or other unforeseen catastrophic events could unfavorably affect our business.
- Risks Related to Legal, Regulatory and Tax Matters
- We may be subject to environmental and export laws and regulations, including without limitation those associated with the effects of climate change, that impose additional compliance costs and that could negatively impact our business.
- Our effective tax rate may increase or decrease.
- Risks Related to Our Stock and Capitalization
- We may require additional funding in the future in order to continue our business.
- The market price of our common stock may be highly volatile.
- Our operating results may have significant period-to-period fluctuations, which would make it difficult to predict our future performance.
- We can issue shares of preferred stock that may adversely affect the rights of shareholders of our common stock.
- Any decisions to reduce or discontinue paying cash dividends to our shareholders could cause the market price for our common stock to decline.
Legal proceedings
Patent Related Challenges and Oppositions
Each major jurisdiction in the world that issues patents provides both third parties and applicants an opportunity to seek a further review of an issued patent. The process for requesting and considering such reviews is specific to the jurisdiction that issued the patent in question, and generally does not provide for claims of monetary damages or a review of specific claims of infringement. The conclusions made by the reviewing administrative bodies tend to be appealable and generally are limited in scope and applicability to the specific claims and jurisdiction in question.
We believe that opposition proceedings are frequently commenced in the ordinary course of business by third parties who may believe that one or more claims in a patent do not comply with the technical or legal requirements of the specific jurisdiction in which the patent was issued. We view these proceedings as reflective of its goal of obtaining the broadest legally permissible patent coverage permitted in each jurisdiction. Once a proceeding is initiated, as a general matter, the issued patent continues to be presumed valid until the jurisdiction’s applicable administrative body issues a final non-appealable decision. Depending on the jurisdiction, the outcome of these proceedings could include affirmation, denial or modification of some or all of the originally issued claims. We believe that as OLED technology becomes more established and its patent portfolio increases in size, so will the number of these proceedings.
The opening of Item 3, Legal Proceedings.16
Links
- Websitewww.udcoled.com1
- WikipediaUniversal Display Corporation
- WikidataQ3116307
- SEC EDGARCIK 1005284
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 19SEC EDGARSteven Abramson V., President
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- 26SEC EDGARApril Walker, Board member
- 27SEC EDGARCelia M. Joseph, Board member
- 28SEC EDGARCynthia Jane Comparin, Board member
- 29SEC EDGARRosemarie B. Greco, Board member
- 30SEC EDGARRichard C. Elias, Board member
- 31SEC EDGARC. Keith Hartley, Board member
- 32SEC EDGARElizabeth H. Gemmill, Board member
- 33SEC EDGARLawrence Lacerte, Board member
- 34SEC EDGARLeonard Becker, Board member
- 35SEC EDGARMauro Premutico, General counsel
- 36SEC EDGARResults of operations
- 37SEC EDGARShareholder vote
- 38SEC EDGARResults of operations; Other events
- 39SEC EDGARResults of operations
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- 41SEC EDGARResults of operations
- 42SEC EDGARShareholder vote
- 43SEC EDGARResults of operations; Other events
- 44SEC EDGARResults of operations
- 45SEC EDGARExecutive or director change
- 46SEC EDGARResults of operations
- 47SEC EDGARResults of operations
- 48NasdaqNasdaq calendar
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