UDC CTO Dr. Julie Brown Receives IEEE Frederik Philips Award
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 29 2026
0mins
Source: Newsfilter
- Award for Technical Leadership: Dr. Julie Brown, CTO of Universal Display Corporation, has been honored with the IEEE Frederik Philips Award for her outstanding contributions to the development of OLED display materials, highlighting her significant impact in the consumer electronics sector.
- Innovation Strategy Leadership: Since joining UDC in 1998, Dr. Brown has guided the company's innovation strategy from early development to commercialization, driving advancements in high-performance, energy-efficient display technologies that enhance the company's competitiveness in the OLED market.
- Industry Transformation Driver: Under her leadership, UDC's OLED technologies have facilitated the industry's transition from legacy LCDs to OLEDs, improving device performance and energy efficiency, thereby solidifying the company's leadership position in the global electronics industry.
- Patent Technology Advantage: UDC holds over 7,000 patents worldwide, focusing on the research, development, and commercialization of OLED technologies, continuously providing clients with efficient and eco-friendly display solutions that drive the evolution of next-generation display technologies.
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Analyst Views on OLED
Wall Street analysts forecast OLED stock price to rise
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 79.770
Low
150.00
Averages
174.75
High
194.00
Current: 79.770
Low
150.00
Averages
174.75
High
194.00
About OLED
Universal Display Corporation is engaged in research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. The Company develops OLED materials and sells to product manufacturers for display applications, such as mobile phones, televisions, monitors, wearables, tablets, portable media devices, notebook computers, personal computers and automotive applications, and specialty lighting products. It manufactures and sells OLED materials to customers for evaluation and use in commercial OLED products. It supplies phosphorescent organic light-emitting diode (PHOLED) emitter materials to OLED device manufacturers. The emitter material is designed to convert electrical energy to a desired wavelength of light and is the key component in an OLED device. PHOLED technologies utilize specialized materials and device structures that enable OLEDs to achieve reduced power consumption.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
UDC CTO Dr. Julie Brown Receives IEEE Frederik Philips Award
- Award for Technical Leadership: Dr. Julie Brown, CTO of Universal Display Corporation, has been honored with the IEEE Frederik Philips Award for her outstanding contributions to the development of OLED display materials, highlighting her significant impact in the consumer electronics sector.
- Innovation Strategy Leadership: Since joining UDC in 1998, Dr. Brown has guided the company's innovation strategy from early development to commercialization, driving advancements in high-performance, energy-efficient display technologies that enhance the company's competitiveness in the OLED market.
- Industry Transformation Driver: Under her leadership, UDC's OLED technologies have facilitated the industry's transition from legacy LCDs to OLEDs, improving device performance and energy efficiency, thereby solidifying the company's leadership position in the global electronics industry.
- Patent Technology Advantage: UDC holds over 7,000 patents worldwide, focusing on the research, development, and commercialization of OLED technologies, continuously providing clients with efficient and eco-friendly display solutions that drive the evolution of next-generation display technologies.
See More
UDC Congratulates Stephen R. Forrest on Royal Society Fellowship Election
- Fellowship Honor: Professor Stephen R. Forrest from the University of Michigan has been elected as a Fellow of the Royal Society, joining 90 newly elected distinguished researchers, which enhances UDC's reputation in the OLED industry.
- Scientific Contributions: Prof. Forrest's pioneering work in organic electronics and optoelectronics laid the scientific groundwork for UDC and the broader OLED industry, driving the company's leadership in global display technology.
- Company Growth: UDC currently holds over 7,000 patents worldwide, focusing on the development of high-efficiency OLED technologies and materials, continuously pushing innovation in display and solid-state lighting applications, showcasing strong market competitiveness.
- Strategic Collaboration: UDC's CEO Steven V. Abramson emphasized that Prof. Forrest's ongoing contributions and strong partnership are crucial for the company's scientific research, indicating the company's commitment to collaborating with top scientists to advance technological progress.
See More
UDC Opens OLED Technology Center in Chengdu
- Center Opening: UDC has inaugurated its OLED Technology and Innovation Center in Chengdu, China, marking the company's ongoing expansion in the region and aiming to foster the next phase of OLED innovation through enhanced customer support.
- Facility Features: The new center boasts state-of-the-art laboratories and a dedicated customer support center, facilitating materials characterization, device optimization, and application development, thereby strengthening UDC's role within the OLED ecosystem and enhancing collaboration with clients.
- Market Commitment: UDC's CEO, Steven V. Abramson, stated that the opening represents a significant milestone in the company's growth in China, reflecting a long-term commitment to customers and partners while advancing the development of high-performance, energy-efficient, and sustainable display technologies.
- Patent Technology Advantage: UDC holds over 7,000 patents worldwide, focusing on its high-efficiency UniversalPHOLED® technology, which drives the development of eco-friendly displays and solid-state lighting, further solidifying its leadership position in the OLED market.
See More
Universal Display Shares Surge Despite Poor Earnings Report
- Earnings Decline: Universal Display reported a 14% year-over-year revenue drop to $142.2 million in Q1, significantly missing Wall Street's expectation of $168.4 million, while earnings plummeted 44% to $0.76 per share, highlighting pressures from slowing smartphone sales.
- Guidance Downgrade: Management lowered full-year sales guidance from approximately $675 million to $650 million, below market expectations, reflecting a cautious outlook amid a weak high-end TV market and rising memory chip prices.
- Investor Confidence Rebound: Despite the poor earnings, Universal Display's stock surged 13.7% on Friday morning, driven by optimism surrounding the potential for large-scale production of blue OLED elements and an upcoming rare conference presentation that is expected to provide further insights.
- Buyback Program Announcement: The company revealed a $400 million stock buyback plan, signaling confidence in its current valuation, which is likely to bolster market sentiment and help recover from a 37% decline over the past six months.
See More
Universal Display Misses Q1 Estimates Yet Stock Surges
- Earnings Miss: Universal Display's Q1 earnings fell short of estimates by 41% and revenue targets by 16%, yet the stock surged nearly 14% in the morning session, indicating a shift in market sentiment towards cautious optimism.
- Share Buyback Announcement: The company revealed a $400 million share buyback program, representing about 9% of its market cap, aimed at boosting investor confidence and enhancing earnings per share.
- Market Reaction Analysis: Despite slowing smartphone sales and skyrocketing memory chip prices impacting its primary market, the stock's rebound suggests that investor expectations have shifted from pessimism to cautious optimism regarding the company's future.
- Value Investment Characteristics: With a trailing P/E ratio of 18.5 and a dividend yield of 2.2%, Universal Display, having experienced a 37% decline in stock price, exhibits classic value investment traits, attracting investors looking for undervalued stocks.
See More
Universal Display Lowers 2026 Revenue Guidance Amid Soft Demand
- Revenue Guidance Cut: Universal Display has revised its 2026 revenue outlook down to $630M-$670M from the previous $650M-$700M, reflecting macro pressures impacting consumer demand, while expecting sequential revenue growth in Q2 over Q1 amidst a challenging market environment.
- Stock Buyback Authorization: The company's board has authorized management to repurchase up to $400M in common stock, having already bought back 632,673 shares for $66.4M in Q1, demonstrating confidence in its stock value and providing returns to shareholders.
- Analyst Rating Adjustments: Oppenheimer has lowered the price target for Universal Display's stock from $160 to $130 while maintaining an Outperform rating, indicating a cautious outlook on the company's short-term challenges.
- Weak Market Demand: Analysts noted that Universal Display's Q1 results missed expectations, particularly in the Chinese market due to memory cost pressures, although they anticipate double-digit market growth in 2027, the company still faces challenges from soft demand in the near term.
See More
UDC CTO Dr. Julie Brown Receives IEEE Frederik Philips Award
- Award for Technical Leadership: Dr. Julie Brown, CTO of Universal Display Corporation, has been honored with the IEEE Frederik Philips Award for her outstanding contributions to the development of OLED display materials, highlighting her significant impact in the consumer electronics sector.
- Innovation Strategy Leadership: Since joining UDC in 1998, Dr. Brown has guided the company's innovation strategy from early development to commercialization, driving advancements in high-performance, energy-efficient display technologies that enhance the company's competitiveness in the OLED market.
- Industry Transformation Driver: Under her leadership, UDC's OLED technologies have facilitated the industry's transition from legacy LCDs to OLEDs, improving device performance and energy efficiency, thereby solidifying the company's leadership position in the global electronics industry.
- Patent Technology Advantage: UDC holds over 7,000 patents worldwide, focusing on the research, development, and commercialization of OLED technologies, continuously providing clients with efficient and eco-friendly display solutions that drive the evolution of next-generation display technologies.
See More
UDC Congratulates Stephen R. Forrest on Royal Society Fellowship Election
- Fellowship Honor: Professor Stephen R. Forrest from the University of Michigan has been elected as a Fellow of the Royal Society, joining 90 newly elected distinguished researchers, which enhances UDC's reputation in the OLED industry.
- Scientific Contributions: Prof. Forrest's pioneering work in organic electronics and optoelectronics laid the scientific groundwork for UDC and the broader OLED industry, driving the company's leadership in global display technology.
- Company Growth: UDC currently holds over 7,000 patents worldwide, focusing on the development of high-efficiency OLED technologies and materials, continuously pushing innovation in display and solid-state lighting applications, showcasing strong market competitiveness.
- Strategic Collaboration: UDC's CEO Steven V. Abramson emphasized that Prof. Forrest's ongoing contributions and strong partnership are crucial for the company's scientific research, indicating the company's commitment to collaborating with top scientists to advance technological progress.
See More
UDC Opens OLED Technology Center in Chengdu
- Center Opening: UDC has inaugurated its OLED Technology and Innovation Center in Chengdu, China, marking the company's ongoing expansion in the region and aiming to foster the next phase of OLED innovation through enhanced customer support.
- Facility Features: The new center boasts state-of-the-art laboratories and a dedicated customer support center, facilitating materials characterization, device optimization, and application development, thereby strengthening UDC's role within the OLED ecosystem and enhancing collaboration with clients.
- Market Commitment: UDC's CEO, Steven V. Abramson, stated that the opening represents a significant milestone in the company's growth in China, reflecting a long-term commitment to customers and partners while advancing the development of high-performance, energy-efficient, and sustainable display technologies.
- Patent Technology Advantage: UDC holds over 7,000 patents worldwide, focusing on its high-efficiency UniversalPHOLED® technology, which drives the development of eco-friendly displays and solid-state lighting, further solidifying its leadership position in the OLED market.
See More
Universal Display Shares Surge Despite Poor Earnings Report
- Earnings Decline: Universal Display reported a 14% year-over-year revenue drop to $142.2 million in Q1, significantly missing Wall Street's expectation of $168.4 million, while earnings plummeted 44% to $0.76 per share, highlighting pressures from slowing smartphone sales.
- Guidance Downgrade: Management lowered full-year sales guidance from approximately $675 million to $650 million, below market expectations, reflecting a cautious outlook amid a weak high-end TV market and rising memory chip prices.
- Investor Confidence Rebound: Despite the poor earnings, Universal Display's stock surged 13.7% on Friday morning, driven by optimism surrounding the potential for large-scale production of blue OLED elements and an upcoming rare conference presentation that is expected to provide further insights.
- Buyback Program Announcement: The company revealed a $400 million stock buyback plan, signaling confidence in its current valuation, which is likely to bolster market sentiment and help recover from a 37% decline over the past six months.
See More
Universal Display Misses Q1 Estimates Yet Stock Surges
- Earnings Miss: Universal Display's Q1 earnings fell short of estimates by 41% and revenue targets by 16%, yet the stock surged nearly 14% in the morning session, indicating a shift in market sentiment towards cautious optimism.
- Share Buyback Announcement: The company revealed a $400 million share buyback program, representing about 9% of its market cap, aimed at boosting investor confidence and enhancing earnings per share.
- Market Reaction Analysis: Despite slowing smartphone sales and skyrocketing memory chip prices impacting its primary market, the stock's rebound suggests that investor expectations have shifted from pessimism to cautious optimism regarding the company's future.
- Value Investment Characteristics: With a trailing P/E ratio of 18.5 and a dividend yield of 2.2%, Universal Display, having experienced a 37% decline in stock price, exhibits classic value investment traits, attracting investors looking for undervalued stocks.
See More
Universal Display Lowers 2026 Revenue Guidance Amid Soft Demand
- Revenue Guidance Cut: Universal Display has revised its 2026 revenue outlook down to $630M-$670M from the previous $650M-$700M, reflecting macro pressures impacting consumer demand, while expecting sequential revenue growth in Q2 over Q1 amidst a challenging market environment.
- Stock Buyback Authorization: The company's board has authorized management to repurchase up to $400M in common stock, having already bought back 632,673 shares for $66.4M in Q1, demonstrating confidence in its stock value and providing returns to shareholders.
- Analyst Rating Adjustments: Oppenheimer has lowered the price target for Universal Display's stock from $160 to $130 while maintaining an Outperform rating, indicating a cautious outlook on the company's short-term challenges.
- Weak Market Demand: Analysts noted that Universal Display's Q1 results missed expectations, particularly in the Chinese market due to memory cost pressures, although they anticipate double-digit market growth in 2027, the company still faces challenges from soft demand in the near term.
See More
