Tremendous progress has been made in the development of organic light‐emitting diode OLED science and technology. Active matrix OLED with its superb overall display image quality, response time, viewing angle, contrast ratio, power efficiency, lightweight, and thin and flexible form factor is positioned to become a viable and successful commercial technology and one of the next mainstream displays in the marketplace. In addition, differing from LED, white OLED lighting has many advantages in that it is an area/surface, thin/lightweight luminaire capable of delivering uniform, warm (almost sun‐like) illumination without noise/glare nor much heat dissipation problem. But, most of all, future OLED lighting can also be transparent and flexible – a feature that is unrivaled by any other competing solid‐state lighting technology.
This chapter attempts to provide the reader with as complete a story as possible covering the past, present, and future trends of technology and product development of OLED. It is organized into six sections that include (i) introduction; (ii) OLED basics; (iii) materials; (iv) devices; (v) applications; (vi) summary and Outlook, in addition to an extensive list of relevant references in the end for further information and study.