OLED (Organic Light Emitting Diodes) is an advanced display technology utilizing organic materials to emit light without requiring a backlight, making them thinner and more efficient than LCDs. There are two main types: PMOLED, used in smaller devices, and AMOLED, which offers higher efficiency and resolution for larger screens like smartphones and TVs, with Samsung and LG being the leading manufacturers. The potential applications of OLED technology include flexible, foldable, rollable, and transparent displays, indicating a promising future in display innovation.