Summary
Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. It owns, exclusively licenses, or has sole rights to sublicense approximately 5,500 issued and pending patents worldwide. The company supplies its proprietary UniversalPHOLED materials to display and lighting manufacturers, and others. It is also involved in the research, development, and commercialization of other OLED device and manufacturing technologies, including FOLED that are flexible OLEDs for the fabrication of OLEDs on flexible substrates; OVJP, an organic vapor jet printing technology; thin-film encapsulation technology for the packaging of flexible OLEDs and other thin-film devices, as well as for use as a barrier film for plastic substrates; and UniversalP2OLED, which are printable phosphorescent OLEDs. In addition, the company provides technology development and support services, including third-party collaboration and support to third parties for the commercialization of their OLED products. Further, it provides contract research services in the areas of chemical materials synthesis research, development, and commercialization for non-OLED applications. Universal Display Corporation was founded in 1985 and is headquartered in Ewing, New Jersey.
History
Universal Display Corporation was founded in the USA in 1994. The company has become the worldwide leader in developing and commercializing OLED technology in a wide range of display, lighting, and other applications. Today, UDC’s phosphorescent OLED (PHOLED) technology is the most widely used OLED technology in the world's large-area application markets.
Mission
UDC’s mission is to enable and accelerate innovation in the OLED industry by providing flexible and reliable OLED solutions to our customers worldwide.
Vision
UDC’s vision is to transform sight and lift the human experience with OLED technologies that make the everyday extraordinary.
Key Team
Ms. Janice K. Mahon (Sr. VP of Technology Commercialization & GM of Commercial Sales Bus.)
Mr. Sidney D. Rosenblatt (Exec. VP, Treasurer, Sec. & Director)
Mr. Brian Millard (Chief Financial Officer)
Darice Liu (Director of Investor Relations & Corp. Communications)
Recognition and Awards
UDC has been awarded numerous awards over the years including the prestigious Emmy Award in 2020 for Outstanding Achievement in Engineering Development for the company’s achievements in the advancement of OLED technology. They have also been honored with India´s OLED Innovation Award for their commercialization of OLEDs in India. UDC also received the Frost & Sullivan Award for OLED Materials Leadership.
References
United States 
