Universal Display Corporation (UDC) (Nasdaq: OLED), a global leader in energy-efficient OLED technologies and materials, today announced the recipients of the 10th annual UDC Awards at the 26th International Meeting on Information Display (IMID 2026) in Busan, Korea, marking a decade of recognizing pioneering research and technical innovation in organic electronics and display technologies. Organized by the Korean Information Display Society (KIDS) and Society for Information Display (SID), IMID 2026 took place August 18-21 in Busan, South Korea.

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UDC Korea Deputy Director, SongGeun Lee (center) presents the UDC Innovative Research and Pioneering Technology Awards to Jae Sung Kim (left) and Jae Min Jang (right) at IMID 2026.

UDC Korea Deputy Director, SongGeun Lee (center) presents the UDC Innovative Research and Pioneering Technology Awards to Jae Sung Kim (left) and Jae Min Jang (right) at IMID 2026.

As Korea’s largest display industry conference, IMID brings together leading researchers, scientists and companies to showcase the latest advancements shaping the future of display technology. As part of its longstanding support of IMID, UDC continued its sponsorship of the conference in 2026 and Dr. Mike Weaver, Vice President and Deputy Chief Technology Officer of PHOLED R&D, delivered an invited presentation introducing OLEDX, the Company’s breakthrough technology platform designed to unlock new levels of efficiency, image fidelity and design flexibility for next-generation displays.

“Through our continued sponsorship of IMID and a decade of the UDC Innovative Research and Pioneering Technology Awards, we are proud to support and celebrate the scientific excellence, ingenuity and groundbreaking research that continue to emerge from Korea’s vibrant display ecosystem,” said Steven V. Abramson, President and Chief Executive Officer of Universal Display Corporation. “Congratulations to this year’s award recipients for your dedication to advancing display technology and organic electronics. These awards reflect our longstanding commitment to fostering innovation, supporting scientific talent, and helping drive the future of OLED technologies and displays.”

During the conference awards banquet on August 20, IMID recognized the 10-year milestone of UDC’s awards program, and SongGeun (SG) Lee, UDC Korea Deputy Director, presented this year’s UDC awards:

UDC Innovative Research Award in Organic Electronics & Display: Jae Min Jang, Dong Jin Shin (Sungkyunkwan University, Korea), Bin Liu, Raju Lampande, Sritoma Paul, Claire Arneson (University of Michigan, USA), Jun Yeob Lee (Sungkyunkwan Univ., Korea), and Stephen R. Forrest (University of Michigan, USA) for their paper “1.9-Fold Enhanced Device Lifetime in Blue PHOLEDs via Plexciton Engineering through Complex Refractive Index Control of Electron-Transporting Material.”

UDC Pioneering Technology Award in Organic Electronics & Display: Jae Sung Kim (Yonsei University & LG Display Co., Ltd., Korea), Ki Woo Kim (Yonsei University, Korea), Jung Chul Kim, Juhn Suk Yoo, Sang Yoon Park (LG Display Co., Ltd., Korea), and Hyun Jae Kim (Yonsei University, Korea) for their paper “A Low-Flicker LTPO AMOLED Pixel Using a Charge-Injection-Blocking Capacitor.”

The UDC awards recognize outstanding individuals or teams that have demonstrated innovative ideas or research initiatives impacting the organic electronic and display industries. The winners were selected by IMID and KIDS.

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 and future declaration of dividends, 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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