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In addition, Universal Display delivers innovative and customized solutions to its clients and partners through technology transfer, collaborative technology development and on-site training. The Company also develops and offers high-quality, state-of-the-art UniversalPHOLED materials that are recognized as key ingredients in the fabrication of OLEDs with peak performance. Universal Display licenses its proprietary technologies, including its breakthrough high-efficiency UniversalPHOLED® phosphorescent OLED technology that can enable the development of energy-efficient and eco-friendly displays and solid-state lighting.

Founded in 1994 and with subsidiaries and offices around the world, the Company currently owns, exclusively licenses or has the sole right to sublicense more than 5,500 patents issued and pending worldwide. Universal Display Corporation (Nasdaq: OLED) is a leader in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications.

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An online archive of the meeting will be available on the events page of the Company's Investor Relations website at ir. The virtual annual meeting was broadcasted over the Internet. The shareholders re-elected all nine nominees for the Company’s Board of Directors, approved a non-binding, advisory resolution on compensation of the Company’s named executive officers, and ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for 2022. Combined with our expanding global scale and partnerships, we are excited for the extraordinary opportunities ahead.”ĭuring the annual meeting, shareholders voted on the three proposals described in the Company’s proxy statement for the meeting. This multifaceted strategic approach enables us to support our customers, expand our market opportunities and amplify our value proposition in the OLED ecosystem. We are also making advances in our novel OVJP (organic vapor jet printing) platform and groundbreaking energy efficiency Plasmonic PHOLED architecture. From the invention of phosphorescent OLED technology to the discovery, development and delivery of next-generation OLED materials and technologies, we are continuously envisioning, shaping and strengthening our technology roadmap. We have designed and executed on a blueprint of innovation, agility and growth. And on the global manufacturing front, we announced with PPG, our foundry partner of more than 20 years, the establishment of a new manufacturing site in Shannon, Ireland, for the production of our highly efficient, high-performing UniversalPHOLED materials.”Ībramson continued, “Twenty-five-plus years of ‘vision, innovation and reality’ has positioned Universal Display Corporation as a leader in the OLED industry. We also extended our long-term agreements with LG Display, Visionox Technology and Tianma Micro-electronics. “We delivered record 2021 results of $554 million in revenue, $228 million in operating income and $184 million in net income, or $3.87 per diluted share. Abramson, Universal Display Corporation's President and Chief Executive Officer. “As we look back on 2021, we continued to build on our strong partnerships, advance our innovation engine and fortify our leadership position - all of which, we believe, has bolstered our first-mover advantage in the OLED ecosystem and strengthened our runway of growth,” said Steven V.

Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, yesterday held its Virtual 2022 Annual Meeting of Shareholders.

DARICE RECORD IT TRIAL

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