OLED-TV Display/Monitor Technology News

In an interview in Electronics Weekly talks the CEO from Cambridge Display Fyfe about the Sumitomo sale.
OLEDs show promise as the “Next Big Thing” in television displays.

So, why are CDT's investors selling?

Bluntly, polymer OLEDs (P-OLEDS) have taken too long to get into the market, and Sumitomo is offering $12 per share.

"The share price in the market has been hovering between $6 and $7. The last time it was anywhere near $12 was the end of 2005," Fyfe told Electronics Weekly. "The board had to take into account how many more times the company has to go to the market. It was a risk-assessment exercise."

Each time Fyfe goes out for investment, the question is always "when is it going to happen", he said.

And the answer is: there is no definite date. 'It' will happen when licensees develop their markets, said Fyfe: "The problem with new technology is that you can't stop spending. CDT is consuming $10m of cash each year and we have to bring in that money."
Full article electronicsweekly.com