Seems like there's been a lot of news lately about OLED technology. I'm not as technologically savy as some others on this board, and I can't seem to get a handle on this OLED thingy. I hear it's being used for cell phones right now? I have a few questions:
1) Could GLW still manufacture glass substrate for OLED technology as it does for LCD? I've heard different answers. What's the real deal?
2) What is the timeline for OLED? How many years away is it, before it cuts the LCD market in half? Again, I've heard different answers. 3 years? 10 years? Which is it?
3) How will this impact long term holders of GLW stock? I plan to hold for 3 years.
4) Am I correct in thinking that the risk of negative impact due to OLED technology would be significantly greater to current manufactureres of LCD chips? For example, AUO vs. GLW. GLW operations are more diversified, so the death of LCD won't cripple them. But how quickly could AUO transition to an OLED process, if at all? The thing about modern tech -- it's easy come, easy go. Gotta be careful. Stating the obvious here.
Re to:Hey "It appears that GLW is ignoring OLED, which doesn't make sense."
OLED as with most new tec takes more time, more money, and is less effective than originally thought. Maybe one in a hundred good ideas come to commercial use (profitable) LCD glass making process for GLW was developed in 1968~. Fiber optics were first being worked on in great secret by GLW in R&D in early 70's. Life is not simple. GLW has to narrow it's focus to those thechnologies where they bring something special to the game. Fiber, LCD, Automotive converters, diesel filters, HPFS, and most of the other 30 or so businesses...all have GLW bringing their R&D and it's tec to the market.
And in my view, if GLW does not have something special to bring to OLED, best stay with what they know. Diesel filters is the next big winner, and fuel cells is the next potential. IMHO