your morning read:
A group of local scientists succeeded in developing a new type of organic electric material based on carborane (C2B10H12) which can guarantee the lifetime of a blue OLED in AMOLED (Active Matrix Organic Light Emitting Diode), the next generation display. According to Professor Sang-uk Kang of Korea University Energy and Future Research Lab (Department of New Material and Chemistry) and his team, they are the first in the world to develop a technology to transform carborane substance into a material that has new photoelectric characteristics and successfully apply the technology to the next generation display AMOLED. The team applied carborane material to a blue phosphorescent device which was difficult to develop, and transformed it into a device with excellent efficiency and stability.
AMOLED is an organic light emitting display, in which an electron is injected through organic layers sandwiched between a transparent anode and a metallic cathode are recombined to create an exciton, and the newly created exciton emits light creating a particular wave. The next generation AMOLED display can be manufactured into a nanometer (nm)-thin plate, which will enable production of a transparent and flexible display capable of being applied to a wide spectrum of future IT devices. The newly developed carborane substance was applied to the blue phosphorescent EML (emission layer) of AMOLED, and the new display showed high stability and efficiency. The research will greatly influence next generation displays as well as OLED lighting, and its innovative aspect is comparable to the Nobel prize-winning carbon-based buckyball (C60) and graphene. The research is especially meaningful because it may open the door to development of substances containing a new form of optic-chemical/optic-material based on boron cluster
Does this represent a competitive threat on blue or is PANL involved in this? This whole thread is messy and doesn't come to any conclusions on this point which is by far the most important for shareholders. Can anyone comment besides rampant speculative guessing?
Any material advance in blue should benefit UDC by at a minimum accelerating oled adoption. but also recall that UDC has a lock on all phosphorescent oled through some very broad patents that have been issued around the world. Therefore any pholed blue advance is likely to be accretive to revenue.
I find no connection other than this. Almost certanty that UDC is aware of this and possibly involved:
successfully apply the technology to the next generation display AMOLED. The team applied carborane material to a blue phosphorescent device
Blue Phosphorescent is 99% UDC probability IMO. My rating on this is" Significant".
the statement was a little shy on details but there are other papers from this group. We need to see discussions of lm/watt, internal efficiency, and lifetime data from them to really draw conclusions.
Sentiment: Strong Buy
A nice topic to be addressed on the earnings call.
I would like for management to address their progress on Blue OLED materials, and the status of blue alternatives accross the industry, including their perception of the likehood of breakthroughs in the next 6, 12, 24 months?
BLUE story is from Feb '13; why has this not received more press? I expect somehow we are missing something here. Could it be the 'claim' has not yet been proven or verified?
Sentiment: Strong Buy