Universal Display Unveils 2025 Revenue Outlook and Strategic Developments

Published 11 hours agoOLED

Universal Display Unveils 2025 Revenue Outlook and Strategic Developments

Universal Display Corporation (UDC) recently outlined its financial expectations for 2025, projecting revenues between $640 million and $700 million. This projection indicates a careful approach amid the evolving landscape of the OLED industry. Additionally, UDC has declared a first-quarter 2025 cash dividend of $0.45 per share, payable on March 31, 2025, to shareholders on record as of March 17, 2025.

In other developments, Universal Display is advancing its work on blue phosphorescent OLED (PHOLED) materials, which, despite taking longer than anticipated, are expected to reach commercialization in the coming months. This progress is significant for the OLED field. Moreover, UDC is restructuring its operations by closing its California-based OVJP center and setting up a new subsidiary, Universal Vapor Jet Corporation, in Singapore. This new entity will focus on commercializing its Organic Vapor Jet Printing technology, as reported by oled-info.com.

These strategic moves illustrate UDC's dedication to innovation and growth within the OLED market. By enhancing its material development and restructuring its operations for efficient technology commercialization, UDC aims to solidify its position in the competitive OLED sector.

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