Flexible Electronics News

Universal Display Announces 1Q 2021 Financial Results

Total revenue in 1Q 2021 was $134 million as compared to $112.3 million in 1Q 2020.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Universal Display Corporation continues to grow in sales, with revenue growing from $112.3 million to $134 million during the first quarter ended March 31, 2021. “As OLED momentum continues across the consumer electronics market, we are advancing our robust OLED materials and technology leadership,” said Sidney D. Rosenblatt, EVP and CFO of Universal Display. “Since our last earnings call, we announced new extended OLED Technology License and Material Purchase Agreements with LG Display and Vis...

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