Applied Materials launched the MAX OLED™ solution to enhance OLED display manufacturing for larger devices, improving brightness, efficiency, and lifespan.
Quiver AI Summary
Applied Materials has announced its new MAX OLED™ solution, a groundbreaking technology designed to enhance OLED display manufacturing for larger glass panels, thereby making high-quality displays available for tablets, PCs, and TVs. This solution features patented pixel architecture and an innovative manufacturing process that significantly increases display brightness, clarity, energy efficiency, and longevity. It allows for mass production of OLED displays on larger substrates, improving pixel accuracy, brightness, and resolution while reducing power consumption. The technology has garnered strong interest from leading display manufacturers, including a partnership with Samsung Display, which will evaluate the MAX OLED system. Overall, this development is expected to accelerate the adoption of OLED technology across various consumer electronics, leveraging Applied Materials' expertise in display manufacturing.
Potential Positives
- Introduction of the MAX OLED™ solution enables OLED display manufacturing on larger glass panels, expanding market reach to tablets, PCs, and TVs.
- Significant improvements in OLED display technology enhance pixel brightness (up to 3X), resolution (up to 2.5X), and extend display lifetime by up to 5X.
- Strong customer interest, highlighted by repeat orders from leading display manufacturers and an alpha system deployment with Samsung Display, underscores the market's positive reception of the technology.
- The solution is expected to double Applied Materials' served addressable market opportunity in OLED display manufacturing, positioning the company for significant growth in this sector.
Potential Negatives
- The forward-looking statements include numerous risks and uncertainties that could significantly affect the expected benefits and performance of the new MAX OLED solution, indicating potential vulnerabilities in the technology's market adoption.
- The press release presents a reliance on major customers like Samsung Display, creating a dependency that could be problematic if their assessments do not lead to further orders.
- Despite the promising advancements, the release does not address potential challenges in scaling manufacturing processes that could impede meeting market demand.
FAQ
What is the MAX OLED™ solution by Applied Materials?
The MAX OLED™ solution is a patented OLED pixel architecture and manufacturing technology designed to enhance OLED displays for larger formats like tablets and TVs.
How does MAX OLED™ improve display quality?
MAX OLED™ increases pixel brightness and resolution while also reducing energy consumption and extending display lifetime, making OLEDs even more efficient.
Who is interested in the MAX OLED™ solution?
Applied Materials has received strong interest from multiple leading display manufacturers, including a partnership with Samsung Display for technology assessment.
What benefits does the MAX OLED™ provide for manufacturers?
This solution can more than double the OLED display manufacturing market opportunity, improving production efficiency and reducing environmental impacts.
How does MAX OLED™ differ from traditional OLED manufacturing?
MAX OLED™ utilizes a unique maskless deposition process that enhances pixel accuracy and material purity, which is crucial for scaling to larger displays.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$AMAT Congressional Stock Trading
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- REPRESENTATIVE MARJORIE TAYLOR GREENE has traded it 2 times. They made 2 purchases worth up to $30,000 on 10/04, 07/23 and 0 sales.
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$AMAT insiders have traded $AMAT stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $AMAT stock by insiders over the last 6 months:
- THOMAS J IANNOTTI sold 9,827 shares.
- GARY E DICKERSON (President and CEO) has traded it 2 times. They made 0 purchases and 2 sales, selling 400,000 shares.
- PRABU G. RAJA (President, Semi. Products Grp.) sold 50,000 shares.
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$AMAT Hedge Fund Activity
We have seen 984 institutional investors add shares of $AMAT stock to their portfolio, and 1,116 decrease their positions in their most recent quarter.
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Full Release
- New Applied Materials MAX OLED™ solution enables OLED display manufacturing on larger glass panels, bringing the superior display technology found in high-end smartphones to tablets, PCs and TVs
- Patented OLED pixel architecture and dramatically different manufacturing approach improve all types of OLED displays, making them even brighter, clearer, more energy-efficient and longer-lasting
- The integrated system combines the OLED deposition and encapsulation technologies needed to mass-produce superior OLED displays
SANTA CLARA, Calif., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today introduced the MAX OLED™ solution, a patented OLED pixel architecture and revolutionary display manufacturing technology designed to bring the superior OLED displays found in high-end smartphones to tablets, PCs and eventually TVs.
OLED is the display technology of choice for the world’s leading smartphone manufacturers because it offers superior display quality, light and flexible form factors, and durability. However, until today, it has proven challenging to scale OLED display manufacturing to the larger glass panels used to make displays for tablets, PCs and TVs.
Applied’s MAX OLED solution makes it easier to scale OLED manufacturing from Gen 6* glass substrates to Gen 8* substrates, which are approximately two times larger, and beyond. In addition, the MAX OLED solution deposits OLED materials in a new way that increases pixel brightness and resolution, reduces display energy consumption, and lengthens display lifetime.
The MAX OLED solution has strong customer interest, with repeat orders from multiple leading display manufacturers. Additionally, Applied will supply a MAX OLED solution to Samsung Display, a leading global manufacturer of OLED and QD-OLED panels. Samsung Display will be bringing in an alpha system to assess this new technology.
“The consumer electronics industry has been waiting for a breakthrough that can bring OLED technology to the hundreds of millions of tablets, PCs and TVs sold each year,” said Dr. Brian Shieh, Group Vice President and General Manager of Applied’s Display and Flexible Technology business. “We are proud to be partnering with Samsung Display to help bring this revolutionary technology to the global marketplace.”
Making OLED Displays Brighter, Longer-Lasting and More Energy-Efficient
OLED displays are difficult to manufacture because the materials used to emit red, green and blue are fragile and ruined by any exposure to air or moisture. Applied’s MAX OLED solution is a breakthrough technology that deposits and encapsulates each pixel individually using a specially designed maskless process. Applied’s approach is precise, fast and superior at maintaining the purity of delicate OLED materials.
Applied’s proprietary solution uses selective deposition to enable excellent pixel placement accuracy, more than doubling the amount of OLED material per area as compared to previous technologies. The technology can increase OLED display brightness by as much as 3X and increase resolution by as much as 2.5X, to approximately 2,000 pixels per square inch. The solution can also reduce display power consumption by more than 30 percent and increase display lifetime by up to 5X.
“Applied Materials has developed a true breakthrough in OLED manufacturing technology that will enable better OLED displays at more attractive prices,” said Ross Young, Co-founder and CEO of Display Supply Chain Consultants (DSCC). “This technology has the potential to accelerate OLED adoption in a range of markets, from tablets and PCs to automobiles and micro-displays for AR/VR, creating a catalyst for the entire display industry.”
New OLED Pixel Architecture, Process Recipe and Integrated Materials Solution
The MAX OLED solution is more than equipment: it begins with a proprietary pixel architecture built using a patented manufacturing recipe that results in best-in-class OLED pixels and displays. The manufacturing system combines a number of critical manufacturing modules in a single, high-vacuum system that protects the delicate OLED materials from the environment and reduces yield-killing particles. The MAX OLED system integrates display glass handling, multiple OLED deposition steps, and OLED encapsulation. Many of the core technologies used by the MAX OLED solution have already been proven by Applied in making large-area LCD screens at panel sizes up to Gen 10.5*.
The MAX OLED solution reduces the energy consumption of OLED display fabs, requires significantly less OLED materials, and eliminates the need for mask cleaning chemicals, thereby reducing the environmental impact of display manufacturing.
A Growing OLED Display Opportunity
Applied is already the world’s largest provider of display manufacturing equipment, with a broad portfolio of products spanning CVD** and PVD** deposition, CVD thin-film encapsulation, and eBeam testing and inspection. The MAX OLED solution is expected to more than double Applied’s served addressable market opportunity in OLED display manufacturing.
*Gen 6 glass panel surface area = 2.78 square meters; Gen 8 surface area = 5.5 square meters; Gen 10 surface area = 9.9 square meters
**PVD = physical vapor deposition; CVD = chemical vapor deposition
Forward-Looking Statements
This press release contains forward-looking statements, including those regarding anticipated benefits of our new products and technologies, expected growth and trends in our businesses and markets, industry outlooks and demand drivers, technology transitions, and other statements that are not historical facts. These statements and their underlying assumptions are subject to risks and uncertainties and are not guarantees of future performance. Factors that could cause actual results to differ materially from those expressed or implied by such statements include, without limitation: failure to realize anticipated benefits of our new products and technologies; the level of demand for semiconductors and for our products and technologies; customers’ technology and capacity requirements; the introduction of new and innovative technologies, and the timing of technology transitions; market acceptance of existing and newly developed products; the ability to obtain and protect intellectual property rights in technologies; our ability to ensure compliance with applicable law, rules and regulations; and other risks and uncertainties described in our SEC filings, including our recent Forms 10-Q and 8-K. All forward-looking statements are based on management’s current estimates, projections and assumptions, and we assume no obligation to update them.
About Applied Materials
Applied Materials, Inc. (Nasdaq: AMAT) is the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. Our expertise in modifying materials at atomic levels and on an industrial scale enables customers to transform possibilities into reality. At Applied Materials, our innovations make possible a better future. Learn more at www.appliedmaterials.com .
Applied Materials Contact:
Ricky Gradwohl (editorial/media) 408.235.4676
Liz Morali (financial community) 408.986.7977
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8d0fc91b-33c4-41c3-9dca-3dcea6e988e2