OLED functions in a different way to LED because of the way they are built and as a result they come with different advantages, which will be written about in this short article
Smart phones that feature OLED screens are quickly becoming more prevalent in our modern society and one of the factors for this is because of their fantastic amount of benefits. Research has revealed that over 500 million displays were produced in 2018 with most of them developed to satisfy the demand from mobile phones. These displays outperform LCDs in all variables of display and they even enable for feats such as showing true black, this is possible because there is no need for a backlight, meaning there doesn’t always have to be some form of light present. This is the main difference between OLED and LED. The elimination of a backlight does miracles for the battery lifetime of your device because they are extremely power hungry, so it increases your time between charges significantly. The the head of the fund that has stakes in LG will most probably be incredibly fascinated in the success of these screens and may possibly already be arranging where to take this technology next.
OLED is touted by so many as the next embodiment of LED which is here to gradually phase the original technology out over time so that it can become the brand new industry standard. It stands for "Organic light emitting diodes", and these screens are much brighter, more efficient, thinner and feature much better refresh rates and contrast than LCD, or even plasma. The OLED display module is made by putting thin films of carbon based materials in between two conductors and when an electric current is applied, a bright light is then given off. Since these materials emit light through their own devices it consequently means a backlight is no longer needed. The founder of the fund that has stakes in Samsung will most probably be pushing for further research into the all-round possibilities of OLED as many believe we have only simply scraped the surface of just what it is capable of.
The OLED lifespan is anticipated to be a very long time because they're still in the early phases of its development and there are only a select couple of manufacturers out there who have mastered the craftsmanship. As more companies start to embrace this tech and learn how to best utilise all of its qualities, we'll then begin to see its true potential. This is due to the fact opposition between brands will breed innovation and faster rates of growth, it will influence supply and demand scales as well which will, in turn, considerably bringing down the price of items that make use of this wonderful tech. The head of the fund that has stakes in Apple will most likely be extremely curious in how the lifecycle for this tech pans out as they are still fairly new to the process of implementing it to their own items.