Universal Display reports its Q2 2018 financial results

Universal Display reported its financial results for Q2 2018 - with revenues of $56.1 million and a net profit of $10.8 million (without the impact of UDC's new accounting system, the revenues would have been $73.6 million and the net income $25.1 million).

UDC says that the first quarter was the bottom for material shipments for 2018, in Q2 materials sales improved and the company believes that the second half of 2018 will see more growth as it anticipates new OLED smartphones from leading brands - including Apple, Google, Samsung and more. UDC estimates that for 2019, the install base of OLED capacity by meters will increase by around 50% compared to 2017.

New OLED gadget: Samsung Galaxy Watch

Samsung's 2018 Galaxy Watch is a smartwatch based on the Tizen 4.0 OS. The watch has two versions: 46 mm with a 1.3" 360x360 Super AMOLED and a 42 mm version with a 1.2" 360x360 display. Other features include LTE connectivity (optional), Dual-core 1.15 Ghz CPU, 1.5GB of RAM (0.76GB for the BTT model), 4GB of storage and a 270 mAh battery.

Samsung Galaxy Watch photo

The Galaxy Watch will ship by the end of August 2018.

New OLED gadget: Samsung Galaxy Note 9

Samsung's 2018 large smartphone (phablet) flagship, the Note 9, features a 6.4" 1440x2960 (516 PPI) flexible Super AMOLED display covered with Gorilla Glass 5, an Exynos 9810 Octa core chipset (Qualcomm snapdragon 845 in the US/LATAM and China), 6/8GB of RAM, 128/512 GB of storage, micro-SD slot, dual 12 MP cameras and S-Pen.

Samsung Galaxy Note 9 photo

The Note 9 will start shipping by the end of August 2018 for $999 for the 6GB/128GB model (note: affiliate link to Amazon).

eMagin reports is Q2 2018 financial results

OLED microdisplay maker eMagin reported its financial results for Q2 2018 - revenues increased 34% over Q2 2017 to reach $7.1 million, and net loss was $1 million (excluding one-time charges). At the end of the quarter, the company had $8.7 million in cash and equivalents. eMagin's backlog at the end of June was $10.3 million (an increase of $0.5 million from the end of 2017).

eMagin XGA096 OLED-XL photo

eMagin says it sold OLED microdisplays to 75 customers (including 3 new ones) during the quarter - for a wide range of applications including night vision, thermal weapon sights and see-through HMD systems for mounted and dismounted missions. The company improved its production yields (with some support from the US government for OLED production and yield improvement project) and its product quality.

Solomon Systech expects strong growth for its AMOLED driver business, announced a new flexible OLED touch controller IC

Hong-Kong display driver develop Solomon Systech says that it expects strong growth for its advanced AMOLED touch controller ICs. The company says it has received several design-wins and design-in projects with OLED makers in Taiwan, Japan and China for top global smartphone brands.

Solomon Systech flexible/foldable touch IC image

Solomon also announced its next-generation flexible/foldable AMOLED touch controller IC. The company says that the new driver will deliver a step change in power and noise immunity which will enable device makers to innovate with ultra-thin displays and new foldable design concepts. The first sample of the new IC is expected to be available by the end of 2018.

The UK launches a new project that aims to improve airtight bonding in OLED lighting devices

The UK innovation agency (Innovate UK) has launched a new 30-month project called UltraWELD, which aims to improve airtight bonding in OLED lighting for aerospace and defense applications. The project partners will develop photonic-based processes for highly dissimilar material joining.

UltraWELD - OLED OPV prototyping line at the CPI

Current dissimilar materials joining is mainly done using adhesive bonding - a highly flexible and low cost process, but one that cannot provide truly hermetic bonds, which reduces the performance of the panels and can lead to optical damage.