Universal Display Corporation’s Dr. Julie Brown Receives Prestigious IEEE Frederik Philips Award

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Key Terms

organic light emitting diode technical

A organic light emitting diode (OLED) is a thin, flat display technology made of organic compounds that glow when electricity flows through them, so each pixel acts like its own tiny light bulb. Investors care because OLED screens enable brighter colors, deeper blacks, lighter and sometimes flexible devices, which can drive consumer demand, affect manufacturing costs, supply chains and licensing revenue, and therefore influence product pricing, margins and sales forecasts.

phosphorescent oled technical

A phosphorescent OLED is a type of organic light-emitting diode that uses phosphorescent materials to turn electricity into light more efficiently than older fluorescent OLEDs, capturing more of the energy that would otherwise be wasted. For investors, it matters because displays made with this technology can be brighter, use less power and often last longer, which can improve device appeal, reduce operating costs and influence product margins — like replacing an incandescent bulb with a more efficient LED.

emissive layer technical

An emissive layer is the thin material inside a light-emitting device—commonly in OLED screens or lighting panels—that produces visible light when an electric current passes through it. It matters to investors because its composition and quality directly affect a product’s brightness, color accuracy, energy efficiency, lifespan and manufacturing cost; improvements or problems in this single layer can change consumer appeal, production margins and competitive position much like a car’s paint and finish influence perceived value.

forward-looking statements regulatory

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

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06/29/2026 - 04:15 PM

EWING, N.J.--(BUSINESS WIRE)-- Universal Display Corporation (UDC) (Nasdaq: OLED), a global leader in energy-efficient OLED technologies and materials, today announced that Dr. Julie Brown, Executive Vice President and Chief Technical Officer, has been honored with the IEEE Frederik Philips Award, recognizing her outstanding accomplishments and “leadership in the development of materials and technologies for phosphorescent Organic Light Emitting Diode (OLED) displays used in consumer electronics.”

Since joining Universal Display in 1998, Dr. Brown has guided the Company’s innovation strategy from its early-stage development through commercialization and continues to shape its roadmap for future advancements. As CTO, she leads the Company’s global R&D efforts, driving forward OLED emissive layer technologies that enable high-performance, energy-efficient displays across a wide range of consumer electronics—from smartphones and tablets to laptops, monitors and televisions.

“Julie’s visionary leadership and deep technical expertise have been instrumental in advancing OLED innovation and strengthening our collaborative work with customers and partners across the display ecosystem,” said Steven V. Abramson, President and Chief Executive Officer of Universal Display Corporation. “Under her direction, our energy-efficient OLED technologies have helped drive the industry’s transition from legacy LCDs to OLEDs, enabling higher performance and more power-efficient devices. This well-deserved recognition by IEEE highlights Julie’s significant contributions to industry-leading materials and technologies that continue to support the evolution of next-generation displays in devices that help us live, work and connect.”

The IEEE Frederik Philips Award honors exceptional leaders whose work bridges research and real-world application, contributing to meaningful technological progress across the global electronics industry. The award is presented annually to an individual or team and is based on criteria including leadership in management, impact on innovation, personal contributions, and technological impact.

About Universal Display Corporation

Universal Display Corporation (Nasdaq: OLED) is a leader in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. Founded in 1994 and with subsidiaries and offices around the world, the Company currently owns, exclusively licenses or has the sole right to sublicense more than 7,000 patents issued and pending worldwide. Universal Display licenses its proprietary technologies, including its breakthrough high-efficiency UniversalPHOLED® phosphorescent OLED technology that can enable the development of energy-efficient and eco-friendly displays and solid-state lighting. The Company also develops and offers high-quality, state-of-the-art UniversalPHOLED materials that are recognized as key ingredients in the fabrication of OLEDs with peak performance. In addition, Universal Display delivers innovative and customized solutions to its clients and partners through technology transfer, collaborative technology development and on-site training. To learn more about Universal Display Corporation, please visit https://oled.com/.

Universal Display Corporation and the Universal Display Corporation logo are trademarks or registered trademarks of Universal Display Corporation. All other Company, brand or product names may be trademarks or registered trademarks.

All statements in this document that are not historical, such as those relating to the projected adoption, development and advancement of the Company’s technologies, and the Company’s expected results, as well as the growth of the OLED market and the Company’s opportunities in that market, are forward-looking financial statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this document, as they reflect Universal Display Corporation’s current views with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. These risks and uncertainties are discussed in greater detail in Universal Display Corporation’s periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, including, in particular, the section entitled “Risk Factors” in Universal Display Corporation’s Annual Report on Form 10-K for the year ended December 31, 2025. Universal Display Corporation disclaims any obligation to update any forward-looking statement contained in this document.

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