Glad I'm not the only one asking that question. Can anyone translate the acronyms into geekspeak for dummies?
a pioneer of polymer-OLED (PLED) technology.
With Google's help we have:
Organic Light Emitting Diode (OLED) Technology: An Overview
OLEDs are the latest and most promising buzzwords in display technology. To give you an idea of their potential, imagine a cardboard-thin TV screen. Now imagine that you can roll up your TV, put it away or carry it wherever you go. Automatically, you start appreciating why millions, if not billions, of dollars are being poured into OLED research every year.
The aforementioned scenario is not hypothetical, or an imaginative scene from a Sci-Fi novel, as it exists right this minute at Ritek in Korea.
Now that you have begun to appreciate just how amazing OLEDs can be, lets take a peak behind the scenes and see just how OLEDs work.
As the title states, OLED stands for Organic Light Emitting Diode a diode is the simplest form of a semiconductor that allows current to flow in one direction and blocks it if it from flowing the opposite way.
Before we understand just how light is emitted by a diode, we need to understand the whole working process of a semiconductor.
Flow of Electricity:
Current flows from cathode to anode, or from negative charge to positive charge constantly. Elements get their charge depending on whether they have an extra electron or an extra proton. If they have an extra electron, they are negatively charged and emitted from the cathode. If they have more protons then they are positively charged and emitted from the anode.
When the electrons move from cathode to anode, we can say that the current is flowing. In insulators, all electrons are bonded to all protons, and hence there are no free electrons left to conduct the charge.
See the link for much more if interested.