CES Showed OLED TVs Are In Vogue. How Can Investors Take Advantage?
The Consumer Electronics Show (CES 2020) earlier this month in Las Vegas was a showcase of emerging technology, as various companies from around the world exhibited their latest and greatest offerings. As always, televisions were prominently on display during the show, and it was clear from what was being showcased that organic light-emitting diode (OLED) technology is showing up in more models from more manufacturers and is starting to become mainstream. That's good news for manufacturers using OLED and one company, in particular, is poised to benefit significantly from this development: Universal Display (NASDAQ: OLED).
According to the experts, OLED currently offers some of the highest quality screens commercially available for TVs. Historically, the OLED TV market was dominated by big-name manufacturers like Sony (NYSE: SNE) and South Korea-based LG Electronics and its spinoff manufacturing arm LG Display (NYSE: LPL).
LG Electronics showed off its flexible screen OLED TV at CES 2020. The TV console on left is partially retracted, the center shows the fully retracted screen and the console on the right is fully extracted. Image Source: LG Electronics.
Source Fool.com
