Looking for thoughts and opinions on OLED. I have a friend who bought in a long time ago at $27ish and has traded in and out through the years. Just curious what others think about it and going forward
Here is a recent, bullish, SA article on its future prospects
Feel free to chime in on friend's thoughts:
Original thesis 9 years ago was Oled was future of tv
Tv tech goes through long life cycles
Tube reigned supreme for decades
Then lcd came out
Plasma was a bump in the road
Ran too hot and had issues
LCD turned into LED
Then OLED started getting promising and I viewed it as the next television tech
ItÂ’s taken a long time to bring the prices down
Currently makes up like 40% of cell phone market
Only like 3% of TVs
Each tv is worth A LOT more than a cell screen to the business
Blue material was the last piece
Been holding on to OLED and building position just watching continued adoption and waiting for blue material break through
Tons of other applications
They want to put Oled panels inside planes and make them the entire wall and then project the view outside on the screen
So it feels like you are flying in a giant glass plane lol
I think the 250 price target in the article is low
It was at 260 before blue timeline was even set