Picton Market Neutral Equity Alternative Fund (PFMN)

Overview

Universal Display Corporation is a prominent entity in the field of organic light emitting diode (OLED) technologies and materials, focusing on the research, development, and commercialization of innovative solutions for both display and solid-state lighting applications across the globe. Established in 1985 and based in Ewing, New Jersey, this corporation has pioneered the advancement of PHOLED technologies and materials, branding these advancements under the UniversalPHOLED name. Their efforts extend beyond displays to include the development of flexible OLEDs (FOLED) and the introduction of organic vapor jet printing technology (OVJP), aimed at improving manufacturing processes for OLED products. Universal Display Corporation not only focuses on technological innovation but also offers an array of support services to third parties for the commercialization of OLED products, alongside engaging in intellectual property and technology licensing as part of their comprehensive approach to advancing the OLED industry.

Products and Services

• PHOLED Technologies and Materials:

  The company's flagship offering is its PHOLED technology and materials, which are utilized in a wide range of display and lighting products. Universal Display Corporation markets these advancements under the UniversalPHOLED brand, showcasing their commitment to energy-efficient and high-quality OLED products.

• Flexible OLEDs (FOLED):

  In response to the growing demand for versatile display solutions, Universal Display Corporation has developed FOLED, an innovative technology that enables the fabrication of OLEDs on flexible substrates. This advancement opens up new possibilities for the design and application of OLED technologies in various industries.

• Organic Vapor Jet Printing (OVJP):

  OVJP represents a novel manufacturing technology developed by Universal Display Corporation. It offers a more efficient method of depositing organic materials for OLED production, enhancing the overall manufacturing process and potentially lowering the cost of OLED device production.

• Technology Development and Support Services:

  Beyond its product offerings, Universal Display Corporation provides crucial support services. These include collaboration and support for third parties aimed at commercializing OLED products and contract research services in chemical synthesis research, development, and commercialization for non-OLED applications. Their support spans the entire lifecycle of product development, from initial research to market entry.

• Intellectual Property and Technology Licensing:

  Universal Display Corporation positions itself not just as a technology developer but also as a key player in the OLED intellectual property domain. The company engages in technology and intellectual property licensing activities, enabling the broader adoption and implementation of their OLED technologies and materials throughout the industry.