A new display technology called "PHOLED" is expected to launch commercially in 2024, after several years of development by the Universal Display Corp. (NASDAQ:OLED).
What Happened: The blue Phosphorescent OLED (PHOLED) technology is expected to become available to manufacturers in 2024, allowing them to overcome issues affecting OLED technology currently used across smartphones and TVs.
OLED (organic light emitting diode) technology suffers from longevity and power efficiency issues. Display burn-in issues are also possible – sometimes, these burn-ins can be temporary, but permanent burn-ins deteriorate the user experience.
PHOLED technology is expected to fix these problems, but making it commercially viable has proven challenging.
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One of the problems faced while developing PHOLED was ...