Check out this stock. Universal Display (PANL) is up 4 to 51 today capping a spectacular week for the stock. The stock closed last Friday at 27.92.
On Monday it was announced that Samsung – “the world’s leading developer and manufacturer of active-matrix OLEDs” – had signed a new OLED patent license and supply deal with Universal. Samsung uses the screens on its Galaxy S line of smart phones.
Terms of the deal call for Samsung to pay a license fee to Universal Display, and to buy a minimum amount of phosphorescent OLED material use in OLED products. The deal runs through the end of 2017.
Friday, August 26, 2011
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