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.