Universal Display Corporation reported financial results for the first quarter ended March 31, 2018. It also announced that its Board of Directors approved a second quarter cash dividend of $0.06 per share on the Company's common stock.

Universal Display Corporation announced that the Company and display manufacturer Sharp have entered into an extended and updated evaluation agreement.

Material manufacturer Merck announced it has invested EUR 30 million (US $33.84 million) in an OLED materials plant in Darmstadt, Germany recently to manufacture future displays and lighting.

DuPont Displays (DuPont) announced the opening of a state-of-the-art, scale-up manufacturing facility designed to deliver production scale quantities of advanced materials that enable large-format, solution-based printed Organic Light Emitting Diode (OLED) displays. These materials are designed to help manufacturers develop OLED displays that are brighter, more vivid, longer lasting and significantly less expensive than the OLED TVs on the market today. The facility is located at the DuPont Stine-Haskell Research Center (Stine-Haskell) in Newark, Del., near DuPont’s global headquarters in Wilmington.