Flexible Electronics News

Universal Display Announces 4Q, Full Year 2019 Financial Results

Total revenue in 2019 was $405.2 million compared to $247.4 million in 2018.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Universal Display reported financial results for the fourth quarter and full-year ended Dec. 31, 2019. “2019 was a year of record results for our company, during which we continued to build on our leadership position and foundation for growth,” said Sidney D. Rosenblatt, EVP and CFO of Universal Display. “During the year, we announced new partnership agreements, constructed new state-of-the-art phosphorescent OLED application labs and offices in Korea and Hong Kong, established UDC Ventures and...

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