eMagin Demonstrates First Ever Ultra-High Brightness DPD Color OLED Microdisplay
The DPD displays omit color filters to produce a quantum leap forward in OLED microdisplay brightness and power efficiency
"Progress was made toward building a tool for the ultra-high brightness and high resolution directly patterned color OLED devices. A prototype ultra-high resolution high brightness OLED display is expected to be fabricated in the third quarter of 2014. "
This is for 'ultra high Resolution'.
Did they produce the low VGA prototypes as promised in Q4 CC?
Maybe we will be wiser aftter CC.
And full compliments to Optimist for his excellent report. It is really appreciated that he takes the time and effort each year to visit the ASM and give us his report.
Sentiment: Strong Buy
Demonstrations of OLED-ULT displays are currently being performed for key customers with interests in ultra-high brightness microdisplays for applications as diverse as aviation head mounted displays, smart glasses, and commercial augmented reality applications. “eMagin’s ultra-high brightness OLED-ULT technology was designed specifically for transparent near-to-eye applications demanding ultra-high brightness, full color imagery with extremely high contrast, compact size and very low power, such as avionics helmets and smart glasses applications” said Andrew G. Sculley, president and CEO of eMagin Corporation.
It seems they are working as one big team to solve the problem including the end customer (the government) That is where Sculley was yesterday. Is it ENVGII ?
"all three customers and us are doing a team effort, and that's very unusual, and I must say the end customer is also working with us on a team effort"
"it's just where the circuit board connects to the silicon to plug into the device of the customer"
There was some talk in the 2013 Q3 CC about boosting the back end processes and new equipment. Maybe this is causing new startup problems
"we’re gearing up to be able to handle much more in terms of the output and right now we are on two shifts on
the back end and we think we’ve got this arranged, we’re getting in some more equipment, some higher [Audio
Gap] bolstering our capability in the back end. So that we know we have the capability to get out what the front
It was referred to indirectly in the CC. Note the use of the word products plural
"We have numerous customers interested in digital display and
the Company is planning to integrate it into new products that will be announced."
It is not entirely clearly how far they are with the deveopment of actual displays. They are certainly looking for partners.
"Fraunhofer Comedd reached the goal to produce Orthogonal Photolithography in a clean room and incorporated it into 200mm wafer micro display.
The guys from Fraunhofer offer the new technology for joint developments of OLED microdisplays and OLED micro-signage applications together with industrial partners."
I suspect because the military displays are predominately still SVGA with a large pixel size of 15. If you compare the area per wafer for a microdisplay for a pixel size of 9.6 or 8.2 you get near the size ratio given
eMagin Corporation (NYSE MKT:EMAN), the leader in the development, design and manufacture of Active Matrix OLED microdisplays for high resolution imaging products, today announced that it has entered into a settlement agreement with Global OLED Technology, LLC relating to two patent license agreements.
Pursuant to the settlement agreement, the parties agreed to terminate the patent license agreements entered into in 1998 and 1999, respectively, between FED Corporation (predecessor to eMagin Corporation) and Eastman Kodak Company (predecessor to Global OLED Technology, LLC), in exchange for mutual releases and the payment by eMagin of a one-time, undisclosed settlement amount, substantially all of which was recorded as an expense by eMagin in the fourth quarter of 2013 as a reasonable good faith estimate. In addition, the parties agreed to dismiss with prejudice the lawsuit commenced by Global OLED Technology, LLC in New York state court in January 2014. The balance of the terms of the settlement agreement remain confidential.
From near the end
"new machine is much better ( yield ) than the old machine"
It would have been disapointing if it was not the case, but still it is good to hear.
Surely at the time of the 3rd quarter CC the SNUP had just had it's hardware fix. Thus it was only up for production for the last six weeks of Q4 and that included the Christmas period. There seems no need to sandbag anything. At least that is how I remember it without listening to the CC again.
They said it is a system that has been running for many years and is not 'rocket science' It is about getting a solution good for all the 3 customers. For the rest of the quarter they will run product for other customers. Only these 3 customers have a problem.
eMagin is postponing 2014 revenue guidance due to uncertain timing around the resumption of shipments of certain displays to three customers as noted above.
It is always beter for the market knows what the damage is rather than speculating with the worst case scenario.
The direct patterning seams to proceed regarldess of other problems
"Work continues on a color, high brightness, high-resolution avionics display with funding from the US Navy. The Company has already demonstrated the direct patterning technique and is on track to demonstrate a functional direct patterned ultra-high brightness VGA resolution display in the near term. eMagin also expects to demonstrate higher resolution functional direct patterned ultra-high brightness displays by the end of the second quarter. Customer evaluations will begin following these demonstrations. "
Well if you did not know that Q1 was going to be about 6m then you have not been paying attention. We were told at the Q1 conference.
This research was paid by the Military for Avionics. A pilot must be able to see the information from the microdisplay when flying into the sun. Also he needs True Black to stop all of the display becoming brighter as you switch up the intensity. The same functionality is required by a fork lift driver when he drives out of the warehouse and also by a person walking in the open on a sunny day looking at his AR glasses screen. The much lower power requirements is also important for the wearables.