philips lighting to divest OLED group

Philips OLED

Philips recently announced its intention to divest its Philips’ OLED division.

My colleagues in the OLED team did a fantastic job creating unique concepts for OLED and generated tremendous buzz for their products.

I think the root cause is quite simple:  OLED just can’t lower its costs fast enough to compete with LED, specifically LED light guides.  The upfront cap-ex is just too high.

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About Brad Koerner

Venture Manager - Luminous Patterns Philips Lighting
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