SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : OLED Universal Display Corp -- Ignore unavailable to you. Want to Upgrade?


To: slacker711 who wrote (25892)4/21/2021 6:17:51 PM
From: A.J. Mullen  Respond to of 26578
 
The price of iridium has been discussed a number of times. A month ago I'manoledfan warned:

This sharp increase in Iridium price could effect Universal Display's margins - and may result in an increase in material prices. UDC is bound in long-term agreements with its customers - but it could be that the price is tied to the price of Iridium, which could mean that the price of OLED panels may increase. SI 25719


Hours later, he wrote:

I'm sure UDC's management is keenly aware of supply and cost of iridium. It would not surprise me to find that they have a 2 year supply on hand, even with production set to double over the next few years. I forget how many cell displays can be made with a single gram but it is a lot of screens. Time will tell. SI 25711


I find the latter paragraph reassuring.