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PHOLED Displays Promise Longer Life and Better Efficiency

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Without fail, display technology improves each year, resulting in brighter displays that last longer, boast vivid yet accurate colors with amazing response times, and, importantly, increasing performance to cost metrics.

As displays play an increasing role in our everyday lives – whether it be a tablet, phone, monitor, television, wearable device, etc. – alongside rampant consumerism, there is the forever tentatively answered question of ‘what is next?’.  Well, for now, the answer looks to be fully phosphorescent organic light-emitting diode displays or ‘PHOLEDs’.

Essentially, phosphorescent organic light emitting diodes (PHOLEDs) are a type of light technology known for being efficient, bright, and able to produce a range of colors.  They are great for screens and lighting.  However, for ages scientists have had a problem with recreating the primary color blue, as these diodes traditional do not last long.  This is because the energy inside them can cause the molecules to break apart.  A recent experiment may have finally provided a solution to this.

PHOLED Breakthrough: Stabilizing Blue Light for Longevity

In a recent experiment, researchers described a breakthrough with PHOLEDs that resulted in stable, blue variants.  This was achieved through the use of the ‘Purcell effect’, which the experiment showed can help with mitigating the degradation of blue variants by reducing the amount of energy that causes damage.  The researchers further improved on this technique with something called the ‘polariton-enhanced Purcell effect,’ which makes the Purcell effect even stronger in blue PHOLEDs.

By using this new method, the lifetime of blue PHOLEDs can reportedly be greatly improved by as much as 5.3 times longer than usual.  When the color is adjusted to a deep blue, the improvement is even more pronounced, with lifespans increased by as much as 14 times longer.  In the experiment, it was noted that the longest lifetime recorded using this method is around 140 hours.

This new approach, combining the polariton-enhanced Purcell effect with certain design changes in the PHOLED, opens up new ways to make blue PHOLEDs last longer, which is good news for both display and lighting applications.

What is PHOLED? A Deep Dive into Phosphorescent OLED Tech

As mentioned, PHOLED stands for Phosphorescent Organic Light Emitting Diode, which is a type of OLED technology.  In OLEDs, a layer of organic materials is placed between two electrodes, and when an electrical current is applied, these organic materials emit light.

The key distinction in PHOLEDs lies in their use of phosphorescent materials, which allow for efficiency far greater than typical OLEDs reliant on fluorescence, which only convert around 25% of energy to light.  This increase in efficiency also has the benefit of extending the lifespan of displays by minimizing heat generation, which is the leading cause of OLED degradation.  Finally, PHOLEDS can offer improved color reproduction, making screens utilizing the technology more pleasing to the eye.

While PHOLED development has been hampered to date by complexity, cost, and poor blue light performance, recent developments such as the aforementioned experiment mean that these drawbacks should soon be circumvented.

How PHOLEDs Support Sustainable and Energy-Efficient Displays

While improved color reproduction is nice, perhaps the ability to greatly increase display efficiency is the most intriguing trait of PHOLED displays.  This means less battery drain in phones, allowing for lighter devices that require less capacity.  It means less power drawn by televisions and computer monitors.

Combined with less e-waste resulting from greater lifespans, it means that PHOLEDs can potentially positively affect ‘green’ efforts in a world increasingly focused on sustainability.

As a result, the blend of efficiency and durability afforded by PHOLEDs positions the technology as the current best option for a green display.

The Future of PHOLED in Smartphones, TVs, and Wearables

With meaningful progress finally being made, PHOLED displays looks poised to be a significant player in the future of display technology.  Like all technology, as it matures and its costs decrease, PHOLEDs will likely become more prevalent in consumer electronics, particularly in devices where display quality and battery life are paramount, such as smartphones, tablets, and TVs.

In a recent interview with tom’s guide, Vice President of Universal Display (UDC), Dr. Michael Hack, spoke on how his company would soon make true PHOLED technology available to large manufacturers.

“When we launch the commercial blue [PHOLED material] next year, of course, manufacturers will adopt that and put it into those foldable and rollable products as well [in addition to flat displays]. — Dr. Michael Hack, UDC

However, it’s important to note that the display technology landscape is highly competitive and rapidly evolving. Technologies like MicroLED and further advancements in traditional OLEDs mean they continue to compete for market dominance.  The widespread adoption of PHOLED will depend on how it compares to these other technologies in terms of cost, performance, and manufacturing scalability, and with options set to hit the market in the coming year, we will soon have a better idea of how it stacks up.

Leading Companies Behind PHOLED Advancements

Although there are scores of display manufacturers worldwide, very few specialize in OLED and potentially PHOLED variants.  The following are a pair of companies that do just that, supplying technology and hardware to a litany of competitor products on the market.

*Figures provided below were accurate at the time of writing and are subject to change.  Any potential investor should verify metrics*

1. Universal Display Corporation

Universal Display Corporation (OLED -0.55%)

Marketcap Forward P/E 1 Yr. Earnings Per Share (EPS)
8,714,833,146 46.54 $4.31

UDC is a pioneer in the OLED industry and holds many key patents, particularly involving efficient phosphorescent OLED emitters. Its technology, especially the PHOLED materials, is used in almost all AMOLED displays on the market, and the company has seen rapid growth in recent years.

2. LG Display Co.

LG Display Co., Ltd. (LPL -0.78%)

Marketcap Forward P/E 1 Yr. Earnings Per Share (EPS)
3,571,072,249 -1.57 $-4.93

LG Display is a compelling investment for those interested in the advanced display technology sector. As a leading innovator in the display industry, particularly known for its OLED and LCD technology, LG Display’s panels are integral to a wide range of consumer electronics produced by numerous global manufacturers (i.e. Sony). The company’s widespread adoption by high-profile brands, combined with its consistent push for technological advancements, positions it favorably in the ever-evolving and growing market of digital displays.

Evolution of Display Tech: From CRT to PHOLED

Over the course of 60+ years, scores of technological advancements have been seen in consumer displays.  Below is a brief look at the various core approaches over this time.

  1. Cathode Ray Tube (CRT) (1960s-2000s): CRT was the dominant display technology for several decades.  It works by shooting electrons through an electron gun onto a phosphorescent screen, producing images. Despite its bulkiness and weight, CRT was known for its color accuracy and contrast.
  2. Liquid Crystal Display (LCD) (1970s-Present): LCD technology gained prominence in the late 20th century.  It utilizes liquid crystals that align to block or pass light through a backlight. LCDs are thinner, lighter, and more energy-efficient than CRTs.  They’ve been widely used in TVs, monitors, and portable devices.
  3. Plasma Display Panels (PDP) (1990s-2010s): Plasma displays were popular for large-screen TVs in the early 2000s.  They produce images by illuminating tiny colored fluorescent lights containing plasma. Plasmas offered excellent color accuracy and viewing angles but were less energy-efficient and suffered from issues like burn-in.
  4. Light Emitting Diodes (LED) (2000s-Present): LED technology, specifically in the form of LED-backlit LCDs, brought improvements in energy efficiency, color range, and thinness.  These displays are LCDs with LED backlighting instead of the traditional cold cathode fluorescent lamps (CCFLs).
  5. Organic Light Emitting Diodes (OLED) (2010s-Present): OLED displays generate light through organic compounds that emit light when electricity is applied.  Unlike LCDs, OLEDs don’t require a backlight, allowing for deeper blacks, higher contrast ratios, and thinner screens. OLEDs are used in TVs, smartphones, and wearable devices.
  6. Quantum Dot LED (QLED) (2010s-Present): Developed by Samsung, QLED screens are a variation of LED LCD screens but use quantum dots in conjunction with an LED backlight to improve the color and brightness compared to traditional LCDs.
  7. MicroLED (Late 2010s-Present): An emerging technology, MicroLED uses microscopic LEDs to create individual pixels. This offers high brightness, excellent color accuracy, and energy efficiency.  MicroLED displays have the potential to outperform OLEDs in terms of brightness and longevity without the risk of burn-in, making them a top option today.

It should be noted that the above timeline looks at core approaches to display technology.  Within each generation, there are also scores of incremental improvements (e.g., Twisted Nematic LCDS, In-Plane Switching LCDs, 3D, Curved, etc.).

Joshua Stoner is a multi-faceted working professional. He has a great interest in the revolutionary 'blockchain' technology.

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