Accelerating Growth in the OLED Market...
By Ray Blanco
November 22, 2011
OLED (organic light-emitting diode) technology is hitting the sharp upward bend in the adoption curve. Production of the breakthrough display and lighting technology will rapidly ramp up from here... OLED is a far superior technology to the current commercial LCD (liquid crystal display) standard. It is the next generation display technology and will eventually replace LCD.
First developed by Kodak in 1987, OLEDs are a revolutionary display technology. OLEDs use organic (carbon-based) thin films sandwiched between conductive layers. When an electric current is applied across the organic film, it emits light.
Since the individual display elements in OLED screens emit light, they do not need a separate lighting source like LCD screens do.
Getting rid of the need for a separate light makes OLED displays very energy efficient and thin. It also makes OLEDs an energy- efficient technology for other applications, like lighting.
OLED displays are already becoming widespread in mobile phones...
Earlier this year, the world's No. 1 mobile phone manufacturer, Samsung, signed a multiyear licensing deal with one OLED manufacturer that includes the purchase of emitter materials used to create OLED displays. Emitter materials refers to organometallic materials that light up when excited by electricity.
Samsung is still building out new OLED manufacturing capacity in order to supply OLED displays for its mobile phones. Samsung will also be supplying OLED technology for mobile phones from other phone brands, such as Google and, it also appears, HTC and Motorola.
Mobile phone displays, however, are just the beginning for OLED technology. This technology will eventually move into much larger, and more lucrative, tablet and television displays. LG, AU Optronics, Samsung and others are working on developing the manufacturing technology and facilities for what will eventually replace LCD and plasma as the display technology of choice.
Royal Philips Electronics has announced that it plans to make OLED a mainstream lighting technology by the end of next year. Philips' latest OLED products use lighting panels developed by Universal Display licensee Konica Minolta. Konica Minolta claims the world's highest lighting efficiencies for its all-phosphorescent OLED technology.
OLED is proving to be an excellent technology for use in energy- efficient, pleasant lighting. This is a huge potential market that hasn't hit the exponential growth phase yet. It is, however, beginning to accelerate. Double-digit growth in OLED display technology is forecast for years to come. OLED lighting could become a multibillion-dollar industry in the next few years...
Ad lucrum per scientia (toward wealth through science),