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   Technology StocksOLED Universal Display Corp


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To: Another John who wrote (26186)7/22/2021 7:46:54 AM
From: slacker711
1 Recommendation   of 26581
 
I'm not sure what happened but the original timeline for Ireland was operations starting in "early 2022".

businesswire.com

OLED Material Manufacturing, PPG Announce Multi-Million-Euro Investment, up to 100 New Jobs in Shannon
OLED Material Manufacturing Ltd. (OM2) and PPG (NYSE: PPG) today announced that they are embarking on a multi-million-euro capital investment that is expected to create up to 100 high-tech jobs at a new Shannon manufacturing site. Pictured at Government Buildings are (L-R) An Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar TD; Martin Shanahan, CEO, IDA Ireland; Austin McCabe, Director, OLED Material Manufacturing Limited; and Gerry Cahill, PPG Plant Manager, Shannon. Photo: Maxwell Photography.

OLED Material Manufacturing Ltd. (OM2) and PPG (NYSE: PPG) today announced that they are embarking on a multi-million-euro capital investment that is expected to create up to 100 high-tech jobs at a new Shannon manufacturing site. Pictured at Government Buildings are (L-R) An Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar TD; Martin Shanahan, CEO, IDA Ireland; Austin McCabe, Director, OLED Material Manufacturing Limited; and Gerry Cahill, PPG Plant Manager, Shannon. Photo: Maxwell Photography.

OLED Material Manufacturing Ltd. (OM2) and PPG (NYSE: PPG) today announced that they are embarking on a multi-million-euro capital investment that is expected to create up to 100 high-tech jobs at a new Shannon manufacturing site. Pictured at Government Buildings are (L-R) An Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar TD; Martin Shanahan, CEO, IDA Ireland; Austin McCabe, Director, OLED Material Manufacturing Limited; and Gerry Cahill, PPG Plant Manager, Shannon. Photo: Maxwell Photography.

UniversalPHOLED energy-efficient materials invented and developed by Universal Display Corporation and produced by exclusive manufacturing partner PPG. (Photo: Business Wire)




July 22, 2021 04:30 AM Eastern Daylight Time
SHANNON, Ireland--(BUSINESS WIRE)--Universal Display Corporation (Nasdaq: OLED) and PPG (NYSE: PPG) today announced that OLED Material Manufacturing Ltd. (OM2) and PPG are embarking on a multi-million-euro capital investment that is expected to create up to 100 high-tech jobs at a new Shannon manufacturing site. The facility, which was announced in February 2021, will broaden the global footprint and increase the production of Universal Display Corporation’s (UDC) energy-efficient, high-performing UniversalPHOLED® materials to meet growing organic light emitting diode (OLED) market demand and evolving industry requirements.

The announcement was welcomed by Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar TD, who said, “This major announcement by OLED Material Manufacturing and PPG is a welcome boost to the Mid-West region. It will make a significant contribution to Shannon and the Irish economy in terms of job creation, investment and innovation. Technology is one of the fastest-growing sectors here in Ireland and globally, and I wish the team continued success.”

Austin McCabe, Director, OLED Material Manufacturing Limited, said, “Our manufacturing expansion in Ireland allows UDC to strengthen its mission, which centers on enabling our customers and fostering the proliferation of energy-efficient OLED display and lighting applications in the consumer landscape. Leveraging UDC Ireland’s presence, the site’s infrastructure and the Mid-West region’s top-level talent, we are excited about the new Shannon facility. Together with our long-term partner, PPG, this multi-million-euro investment will expand the global manufacturing footprint for UDC’s proprietary state-of-the-art phosphorescent emissive materials to meet the substantial growth forecasted for the OLED market.”

Gerry Cahill, PPG Plant Manager, Shannon, said, “This project will bring a broad spectrum of jobs, a large number of which are highly skilled, to the Mid-West region. PPG has been producing high-performance OLED materials for UDC for the past 20 years. The expansion into Ireland with the addition of the Shannon facility shows confidence in not only the UDC-PPG partnership but also in Ireland as a place in which to invest and do business. In this regard, we are thankful for the support of the Irish Government through IDA Ireland.”

Martin Shanahan, CEO, IDA Ireland, said, “This decision by OLED Material Manufacturing and PPG to invest in Shannon demonstrates the companies’ confidence in the availability of a skilled and talented workforce in the Mid-West Region. This announcement is further evidence of IDA Ireland’s continued commitment to winning jobs and investment for regional locations. I wish OLED Material Manufacturing and PPG every success as they progress with their manufacturing site in Shannon.”

PPG is the longstanding partner and exclusive manufacturer of UDC’s UniversalPHOLED emitter materials. OLED Material Manufacturing Limited is a wholly-owned subsidiary of UDC Ireland Ltd., which is a subsidiary of UDC. Facility renovations and regulatory approvals at the Shannon site are expected to be completed in the next 12 months so that operations can commence in 2022.

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To: slacker711 who wrote (26187)7/22/2021 7:51:38 AM
From: mirage2017
   of 26581
 
Seems close enough to me.

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From: Dkjunior1437/26/2021 8:22:31 AM
4 Recommendations   of 26581
 
Apple expects high demand for 'iPhone 13,' orders over 100 million A15 processors

Sources in the supply chain claim that Apple has increased its order with TSMC to make in excess of 100 million A15 processors for the forthcoming " iPhone 13."

By: WILLIAM GALLAGHER
JULY 26, 2021 6:02 AM EDT
appleinsider.com

Following previous reports that processor manufacturer TSMC has begun production of Apple's A15, a new claim says that the company has now increased its order. Reportedly, Apple had planned for up to 95 million A15 processors, but has now ordered in excess of 100 million.

According to cnBeta, sources in the supply chain say that this is partly because Apple expects high demand for the next iPhone. However, it's also said to be because the company needs to secure processors as the global chip shortage continues.

Consequently, Chinese technology blog cnBetasays (in translation) that Apple is making "every effort to prepare for production capacity." In other words, Apple doesn't want the number of produced "iPhone 13" devices to be limited by the shortage.

Separately, TSMC has already be said to be priotizing Apple and the car industry as the shortage continues. TSMC has also begun construction on a 5nm chip plant in Arizona.

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From: slacker7117/26/2021 2:54:41 PM
8 Recommendations   of 26581
 
Possible Gen 8.5 RGB OLED fabs for IT?

displaysupplychain.com

PUBLISHED JULY 26, 2021
Each quarter we interview the top 10-15 equipment suppliers on upcoming fab projects for our Quarterly Display Capex and Equipment Market Share Report. For the latest issue, we see growing consensus that a Korean manufacturer is preparing to issue orders in early 2022 for the world’s first G8.5 oxide TFT RGB OLED fab for IT markets which would use vertical FMM VTE equipment to deposit the OLED materials. We also hear that two other suppliers are also investigating G8.5 or ½ G8.5 OLED fabs for IT markets.

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From: I'manoledguy7/27/2021 10:15:07 AM
4 Recommendations   of 26581
 
Samsung Electronics Co., the world’s largest TV maker, will launch the much-anticipated QD-OLED TV in the first half of next year, while expanding its MicroLED TV lines to enhance its presence in the premium market.

According to industry sources on July 25, the South Korean tech giant is developing 55-inch and 65-inch quantum dot organic light emitting diode (QD-OLED) TVs for market launch in the first half of 2022.

Samsung could showcase its first-ever QD-OLED TVs during next year’s Consumer Electronics Show (CES) in January, according to the sources.

“Samsung is strengthening its premium strategy. Next year, it plans to unveil new QLED and QD-OLED TVs in the quantum dot category as well as MicroLED TVs in various sizes,” said an industry official.

QD-OLED TV panels will be supplied by Samsung Display Co., which began producing such panels late last year.

When launched, the QD-OLED TVs will be placed between its top-premium segment of MicroLED TVs and its flagship QLED lines.

The company will initially launch the 55-inch and 65-inch models, consumers' preferred sizes, and later unveil larger 70-inch QD-OLED TVs, according to industry officials.

QD-OLED is a hybrid design that combines the brightness and colors of quantum dot technology, found in Samsung’s existing flagship QLED TVs, with backlighting from self-emissive OLED panels.

According to Samsung, the QD-OLED TV can also come in a flexible form as it doesn’t need backlighting.

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From: Aleantarctic7/27/2021 11:51:19 AM
3 Recommendations   of 26581
 
AMOLED panels make significant headway in notebook, tablet segments

digitimes.com

.....

Global shipments of AMOLED panels for tablets are to reach 6.5 million units in 2021, with Samsung Display contributing 4.5 million and EDO accounting for the remainder of two million, according to Sigmaintell.

It added that global AMOLED tablet panel shipments are likely to close to 10 million units in 2022.

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From: Ravid.Ron7/27/2021 12:42:57 PM
4 Recommendations   of 26581
 
LG Display sets new record for OLED TV panel sales

It is estimated that LG Display sold 1.79 million OLED TV panels in the second quarter. This is a new record for quarterly sales. In the industry, it is evaluated that LG Display has succeeded in business model innovation. LG Display has been promoting “OLED trend” three years ago. It was meant to secure the territory of OLED panels in the TV panel market, which is one color of LCD (liquid crystal display).

According to market research firm Omdia on the 27th, LG Display's sales of OLED TV panels in the second quarter of this year were 1792,000 units, nearly three times higher than in the second quarter of last year (650,000 units). Compared to the first quarter (1.51 million units), about 20% more units were sold. As of the first half of the year, OLED TV panel sales were 3.3 million units, which is equivalent to the annual OLED TV panel sales in 2019.

The sharp increase in OLED TV panel sales is due to the impact of retaliatory consumption due to COVID-19. As people spend more time indoors, consumers are more concerned about picture quality and eye health. OLED TV panels have about 50% less blue light (blue light), which causes eye fatigue and sleep disturbance, than LCDs.

The narrowing of the price gap with OLED TV panels as LCD TV panel prices soared is also considered one of the reasons for the increase in OLED panel demand. According to Omdia, the price of a 55-inch (55-inch diagonal) LCD TV panel surged from $138 last year to $229 in the second quarter of this year. On the other hand, the price of the same size OLED TV panel fell from $533 to $490. This is the result of lowering unit cost through process innovation.

The securities industry expects LG Display's OLED TV panel sales, which stood at 3 trillion won last year, will surge to 5 trillion won this year and 7 trillion won next year. An industry official said, "The operating profit of the OLED TV panel division is also expected to turn to the black from the third quarter." He predicted that "annual surplus will be possible from next year at the latest."

..

news.naver.com

The market is shaking again.
I wish you all the best and hope you get good results.

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From: mirage20177/27/2021 1:10:45 PM
1 Recommendation   of 26581
 
Nothing but good news. Earnings should deliver.

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From: I'manoledguy7/27/2021 2:53:47 PM
1 Recommendation   of 26581
 
I suspect we will hear in the near future about
OLED Material Manufacturing Ltd and a Blue Host Material which of course will be for use with a new deep blue emitter.

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From: Dkjunior1437/27/2021 4:38:54 PM
1 Recommendation   of 26581
 
AAPL just reported and killed it ... waiting to see what the revenue breakdown is, but strong iPhone sales like account for a good portion of the 30 cent per share and about 8 billion in revenue beat.

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