PANL joint venture w/ DuPont (12/10/02)mentioned in this article; another validation of PANL as a "pure play" in this space?
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Organic displays near critical mass
By Nicolas Mokhoff, EE Times
Dec 31, 2002 (12:27 PM)
URL: eetimes.com
MANHASSET, N.Y. — Organic polymers are expected to play a larger role soon in enabling flexible color displays for computers, comms devices and consumer electronics.
Hopes run high that big-time players, buoyed by a major infusion of research cash, will cooperate to help push organic light-emitting diodes out the door in volume in the next few years. Indeed, by 2007 analysts expect OLEDs — now a minuscule sliver of the fast-growing flat-panel display market — to be doing well over $2 billion a year in business.
Among the heavyweights in the OLED race, by last count, were DuPont Displays, Samsung, Sony, Hewlett-Packard, IBM, Kodak, Lucent and Philips. Many smaller companies are also dabbling in niche polymer technologies for displays, including Cambridge Display Technology, Optronics, Opsys and Universal Display.
Overall, the flat-panel display market has been hot despite the economic downturn. In 2001 and 2002, FPDs posted average annual growth rates between 12 and 13 percent. By 2006, the market is expected to grow to $44.8 billion, on 17.6 percent annual growth.
Today, OLEDs account for a scant $100 million piece of the $31 billion flat-panel display market. But DisplaySearch (Austin, Texas) projects OLEDs to grow to $2.8 billion by 2007. More cautious, Stanford Resources Inc. (San Jose, Calif.) projects a $2.3 billion market by 2008. Nevertheless, either expectation makes OLEDs a viable rival for TFT LCDs. <snip> >>>>>>>>>>>>>> |
