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Technology Stocks : OLED Universal Display Corp
OLED 126.40+5.8%May 13 4:00 PM EDT

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From: I'manoledguy6/26/2021 6:36:38 AM
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A new electrode that could free up 20% more light from organic light-emitting diodes has been developed at the University of Michigan. It could help extend the battery life of smartphones and laptops, or make next-gen televisions and displays much more energy efficient.



Why this is important


A current 55 inch OLED like the LG OLED55CX consumes 106W according to the new label. By 2023, a new 55-inch OLED model must consume a maximum of 84 watts (a decrease of 21%) to be allowed to appear on the market (still with a G label).






Conclusion The new EU energy label imposes very strict standards. As a result, all current models are probably in the lowest class (G). Of course nothing changes to the existing models, they still consume as much (or little) as before. The impact on the 2021 lineup will become apparent in the coming weeks and months. But the new standard does indicate that the legislator is pushing hard in the direction of more efficient appliances. In any case, we can only applaud that. The directive for the coming years also makes it abundantly clear that manufacturers will have to work hard on consumption. Televisions will have to reduce their consumption significantly (20% – 50% and more) in two years’ time, in order to even be allowed to appear on the market.
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