UNIVERSAL DISPLAY CORP \PA\
S-3, EX-23.2, 2000-11-30
COMPUTER TERMINALS
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EXHIBIT 23.2



                    CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS


         As independent public accountants, we hereby consent to the
incorporation by reference in this registration statement of our report dated
March 30, 2000 included in Universal Display Corporation's Form 10-K for the
year ended December 31, 1999 and to all references to our Firm included in this
registration statement.


/s/ Arthur Andersen LLP

Philadelphia, PA
November 30, 2000







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