Researchers have shown that a magnetically polarized current can be manipulated by electric fields. This is the first time that it was shown how you can proactively control spin with electric fields and could pave the way towards combining memory and processing power on the same chip.

The interesting part is that this discovery has been made with flexible organic semiconductors, and so could offer a step-change in the power efficiency and weight of devices based on such materials, including of course OLED displays:

http://www.oled-info.com/spintronics-breakthrough-could-lead-lighter-and-more-efficient-oled-displays
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