Universal Display Corp at Citi Global Technology Conference Transcript

Sep 07, 2022

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Sep 07, 2022 / 06:30PM GMT
Atif Malik - Citigroup Inc., Research Division - Director & Semiconductor Capital Equipment and Specialty Semiconductor Analyst

Everyone, welcome to day 1 of Citi Global Technology Conference. My name is Atif Malik. I cover U.S. semiconductors and semiconductor equipment stocks. It's my pleasure to welcome Steve Abramson, President and CEO of Universal Display. Welcome, Steve.

Steven V. Abramson - Universal Display Corporation - President, CEO & Director

Thank you, Atif. Thank you for having me.

Questions and Answers:

Atif Malik - Citigroup Inc., Research Division - Director & Semiconductor Capital Equipment and Specialty Semiconductor Analyst

I'll go with my questions first, and then I will open up for audience to ask any questions. Steve, you lowered the full year outlook to $600 million on your last earnings call on a slowdown in consumer related spending. Can you talk about the change in the market you saw which drove that revision, whether it was more smartphone-driven or TVs?

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