General display’s net profit to its parent in the second quarter of fiscal year 2020 was $1624000, a decrease of 96.23% year on year

On August 6, general display released its financial report, which showed that the company’s net profit attributable to common shareholders of the parent company in the second fiscal quarter of fiscal year 2020 was 1.624 million US dollars, a year-on-year decrease of 96.23%; the operating income was 57.968 million US dollars, a year-on-year decrease of 50.94%. < / P > < p > Universal Display Corporation was established under the laws of Pennsylvania in 1985. General display partnership is a leader in the research, development and commercialization of organic light emitting diode technology and materials. Organic light emitting diodes (OLEDs) are thin, high-power solid-state light-emitting devices, which are very suitable for full-color displays and lighting products. OLED displays have gained more and more flat panel display market. The company believes that this is due to the competitiveness of OLED display technology due to its potential advantages in contrast, visual angle, video response time, shape factor and manufacturing cost. The company also believes that OLED lighting products must replace many existing light sources in the future because of their high efficiency, good color rendering performance, low working temperature and novel form factors. The company’s leadership position in technology and intellectual property rights of OLED display can make the company’s stock profitable and make its lighting products enter the mainstream consumer market and other markets. General display’s main business strategy is to further develop and license manufacturers to use their proprietary OLED technology in display application products, such as mobile phones, portable media devices, tablets, laptops and TVs, as well as professional and general lighting products; and develop and sell new OLED materials. Continue Reading865 optimization is different? These mobile phones should teach you a lesson!