A large part of the value in this announcement seems to rest on general signage applications, such as traffic signals, electronic billboards, and things like price announcement signs on gas stations. That puts GELcore in direct competition with companies like Daktronics
After that, the focus should turn to general lighting, and with the number of companies and technologies hoping to replace today's light bulbs and fluorescent lights, the glowy-filament era in everyday lighting looks like it's coming to an end. GE isn't the only electronics powerhouse in that arena -- Philips
And of course, LEDs might not even take the cake at all. Cambridge Display
Some of this might sound like science fiction, but it's real technology that works today. And when big boys like Philips and GE put some muscle behind their solutions, it's just a matter of time before we can throw most of our light bulbs away. We won't even miss them.
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Fool contributor Anders Bylund is a Universal Display shareholder, but holds no other position in any of the companies discussed here. You can check out Anders' holdings if you like. Foolish disclosure is well-lit from every angle.