11.23.16
Universal Display announced it ranked 474 on Deloitte’s Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America based on its fiscal year revenue growth from 2012 to 2015. Universal Display grew 130% during this period.
Steven V. Abramson, Universal Display’s president and CEO, credits the emergence of a multitude of new consumer electronics manufacturers adopting OLED for its design roadmap with the company’s 130% revenue growth.
“With the ongoing proliferation of OLED products, we see a market environment that offers extraordinary and expanding opportunities, including novel plastic-based form factors that we believe can blaze new paths for innovative and novel consumer goods in the display and lighting landscape.,” Abramson said. “OLED momentum is accelerating and it is spurring new investments, new capacity and new products, which we expect to substantially bolster the growth of the industry as well as our Company. Our inclusion in these prestigious Deloitte rankings for the 12th time and ninth consecutive year is a true honor and speaks to the extraordinary work and commitment to excellence by UDC employees and our highly valued industry partners.”
Steven V. Abramson, Universal Display’s president and CEO, credits the emergence of a multitude of new consumer electronics manufacturers adopting OLED for its design roadmap with the company’s 130% revenue growth.
“With the ongoing proliferation of OLED products, we see a market environment that offers extraordinary and expanding opportunities, including novel plastic-based form factors that we believe can blaze new paths for innovative and novel consumer goods in the display and lighting landscape.,” Abramson said. “OLED momentum is accelerating and it is spurring new investments, new capacity and new products, which we expect to substantially bolster the growth of the industry as well as our Company. Our inclusion in these prestigious Deloitte rankings for the 12th time and ninth consecutive year is a true honor and speaks to the extraordinary work and commitment to excellence by UDC employees and our highly valued industry partners.”