Universal Display Awarded Display Component of the Year Gold Honor by Society for Information Display

Universal Display announced that it has received the prestigious Display Component of the Year Gold Award for its proprietary UniversalPHOLED green phosphorescent OLED emitter material at the 2014 Society for Information Display (SID) International Symposium, Seminar, and Exhibition.

The green PHOLED emitter builds on the successful commercialization of UDC’s red UniversalPHOLED emitter and is another step toward the company’s goal of delivering an all-PHOLED solution. With an internal quantum efficiency close to 100%, PHOLED materials will drive wider adoption of OLED technology and greater growth in the display and lighting markets because they significantly reduce power consumption and lower heat emission compared to green fluorescent OLED materials.

Based on these advantages, all current and future OLED products, including smartphones, tablets, TVs and lighting panels, can benefit from the use of Universal Display’s green UniversalPHOLED materials.

“We are delighted to award UDC the 2014 Display Component of the Year Gold Honor for its green phosphorescent emitter material,” said Wei Chen, SID’s Display Industry Awards committee chairman. “The Display Industry Awards are SID’s highest honor, presented to recognize the best display products or applications introduced to the market during the previous calendar year. On behalf of SID, we would like to commend UDC’s ongoing commitment to innovation and to helping shape the future of display performance and solutions.”

“We are pleased to be honored by the Society for Information Display. Our years of R&D work and achievements have culminated in UniversalPHOLED materials that provide high quality, record-breaking energy efficiencies, vibrant colors, long operating lifetimes, and manufacturing versatility,” said Steven V. Abramson, president and CEO at Universal Display. “This award recognizes our green PHOLED emitter for enabling a substantial step forward in the evolution of the OLED market, by providing global manufacturers with even more energy efficiency and stunning performance for OLED displays.”