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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 26729
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.