Question-and-Answer Session
Operator
(Operator instructions)
The first question comes from Darice Liu from Maxim Group. Please proceed.
Darice Liu - Maxim Group
Good afternoon, guys. As you mentioned, there has been a lot of positive announcements by various panel makers entering into OLED space. The industry continues to ramp. How should we start modeling you guys, because we know now you announced them in the production capacity extension plans at SDI and Chi Mei and others? Is it one-to-one correlation or how should we go about it?
Sid Rosenblatt
It's a difficult question to answer at this time, only because until we have, I would say, at least a couple of quarters behind us with SDI and Chi Mei in production to see exactly how much material they are purchasing and how their shipments go.
We think it's best not to make any predictions at this time. I do believe that once we get a few quarters behind us, we will able to have a much better feel for it. Initially, when they start production, utilization may not be quite as high as it is. So the number will fluctuate. I don’t have a real good answer for you.
Darice Liu - Maxim Group
Okay. Maybe I'll go about it a different way. In terms of your revenue profile, how has the testing been for your green products? I know that you guys were testing with SDI and possibly with Chi Mei. Have the result come in?
Steve Abramson
Yes, right now, the commercial materials that we are selling are the red materials. We're continuing our conversations at our technical collaborations with a number of different partners on green. And the way the green is adopted; then I am sure we will be able to talk about it.
Darice Liu - Maxim Group
Okay. And from the license and royalty stream standpoint, some of your panel makers, your customers have signed numerous agreements. For example, Chi Mei signed with Universal Panel. Kodak and I think LPL has done the same thing. How the decisions get made in terms of whose material gets, I guess, designed into certain product?
Sid Rosenblatt
We believe that they are going to use the most efficient materials that give them the best CIE coordinates and give them the most power efficient device. And our phosphorescent technology gives them a significant advantage over fluorescence. So we believe that they will continue to use phosphorescence and use more and more color that they move down the production trail.
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