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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen	12/28/2016 9:04:39 PM
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Universal Display Recoups Some Losses on Nikkei Report of Sony OLED TV Push This news should more than offset earlier post . . . very bullish announcement by Sony After a cut in estimates by Needham & Co. earlier today, shares of light-emitting diode technology maker Universal Display ( OLED) have recouped some losses, now down only $3.37, or 5.5%, at $57.55, following a report by Japan’s Nikkei News Service that Sony ( SNE) is looking to take production of OLED-based television sets “global” in 2017. The article claims that Sony “looks to put OLED televisions on shelves worldwide by next summer,” without citing sources. Continues the report, “Employing organic light-emitting diodes, the TVs offer brighter colors, sharper contrast and higher refresh rates than other sets.” “They will hit Europe, the U.S. and China starting in the spring. The Japanese electronics and media giant will source panels from South Korea’s LG Display and draw on its own proprietary technology for image processing.” blogs.barrons.com

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