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Company reports a pick-up in customer orders and UniversalPHOLED shipments beginning July, expects growth in 2021.
October 30, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
Universal Display reported financial results for the third quarter ended Sept. 30, 2020. “We are pleased to report solid third quarter 2020 results,” said Sidney D. Rosenblatt, EVP and CFO of Universal Display. “Beginning in July, we saw a pick-up in customer orders and UniversalPHOLED shipments and that strength has continued. Looking to the near-term, while ongoing uncertainties related to the COVID-19 pandemic persist, we believe OLED panel momentum will continue in the fourth quarter. ...
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