Where Will Universal Display Be in 5 Years?
It has been nearly three decades since Universal Display (NASDAQ: OLED) began as a research and development start-up. Organic light-emitting diode (OLED) displays are now a reality, and they're slowly picking up market share from the current LED standard. Mostly associated with premium smartphones and TVs, OLED is primed to disrupt the status quo in a big way over the next five years. And Universal Display (UDC) is the best way for investors to capitalize on the movement.
But wait, what's wrong with old LED screens? After all, plenty of ultra-high-definition 4K TV options and high-end smartphones use advanced LED these days.
Without delving into the nitty-gritty, OLED screen quality can go even higher. It can display more frames per second, which makes for a smoother image. It produces crisper color contrast and has a wider viewing angle. The bill of materials is also smaller, which is compelling for manufacturers as they scale production (more on that in a moment). It also consumes less power than LED, which is a quality that helps product engineers solve computing problems and improve functionality.
Source Fool.com
