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Technology Stocks : OLED Universal Display Corp

OLED 119.60

+0.4%

Dec 26 9:30 AM EST

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From: BeenRetired	5/2/2017 1:12:30 PM
	1 Recommendation Read Replies (1) of 29728

RTEC CC: "shipped its second (China) panel tool in Q4"........................................... FYI: Before turning the call over to your questions, I would like to provide a quick update on our OLED lithography initiative. As we announced last quarter, we've partnered with a team in China. We're quite pleased with the level of customer activity that our partnership is already generating. As we work together to explain and demonstrate the unique capabilities of our JetStep, the high-resolution OLED display applications, our potential pipeline is expanding. As we discussed on our last call, the initial focus is cost-effective lithography for R&D of this next-generation displays. Given the increasing level of interest and our unique capabilities, we now expect that we will have at least one customer place an order by the end of Q3 for shipment in 2018. Thank you. As a reminder, Rudolph shipped its second panel tool in Q4 as an evaluation unit to a top five global semiconductor manufacturing. We now expect to ship a third panel tool in the second quarter to a third panel customer. The opportunity of fan-out at the wafer and panel levels remains compelling to fabless and mobile markets. By leveraging our experience in this market and our broad portfolio of software and process control technologies, we're able to not only deliver lithography capability, but are in fact engaged in a more comprehensive suite of solutions to improve the overall productivity of the line and help customers cost-effectively ramp these latest packaging technologies.

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