Universal Display Corporation Discusses OLED Market at Citi Conference

Universal Display Corporation (NASDAQ: OLED) provided insights into the current state of the OLED market during a presentation at Citi’s 2025 Global Technology, Media and Telecommunications Conference on September 4, 2025. CFO and Treasurer Brian Millard addressed key market segments and the outlook for the industry, responding to questions from Atif Malik of Citigroup Inc.

Millard began by outlining the landscape of the OLED market, which includes three significant segments: smartphones, TVs, and the IT market, which encompasses tablets, laptops, and monitors. He noted that the company had initially set a guidance of $640 million at the start of the year. The discussion took place against the backdrop of tariffs and evolving consumer demand, particularly in the semiconductor and networking equipment sectors.

In his remarks, Millard acknowledged the challenges faced by the OLED industry in 2025, emphasizing the impact of tariffs on market dynamics. He encouraged attendees to consider the potential for fluctuations in results, citing the importance of reviewing the company’s SEC filings for a comprehensive understanding of investment risks.

As Millard elaborated on market performance, he highlighted that the smartphone segment continues to be a driving force for growth. The company aims to leverage advancements in display technology to enhance user experiences across devices.

The conversation also touched on the television market, where Universal Display is witnessing a shift towards OLED technology as consumers increasingly seek higher-quality displays. Millard expressed optimism about the ongoing adoption of OLED in the IT sector, underscoring the importance of innovation to meet evolving consumer preferences.

The audience, including investor relations representative Darice, was invited to engage with questions, fostering an interactive dialogue about the company’s strategies and future outlook. Millard concluded by reaffirming the company’s commitment to advancing OLED technology and capturing new market opportunities.

This presentation at Citi’s conference reflects Universal Display’s proactive approach in addressing investor concerns and providing transparency about the evolving OLED landscape. As the demand for superior display technologies continues to grow, the company remains poised to adapt and thrive in a competitive market.