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Aggregation‐induced emission (AIE) materials are highly attractive because of their excellent properties of high efficiency emission in nondoped organic light‐emitting diodes (OLEDs). Therefore, a deep understanding of the working mechanisms, further improving the electroluminescence (EL) efficiency of the resulting AIE‐based OLEDs, is necessary. Herein, the conversion process from higher energy triplet state (T2) to the lowest singlet state (SS1) is found in OLEDs based on a blue AIE material, 4′‐(4‐(diphenylamino)phenyl)‐5′‐phenyl‐[1,1′:2′,1′′‐terphenyl]‐4‐carbonitrile (TPB‐AC), obviously relating to the device efficiency, by magneto‐EL (MEL) measurements. A special line shape with rise at low field and reduction at high field is observed. The phenomenon is further clarified by theoretical calculations, temperature‐dependent MELs, and transient photoluminescence emission properties. On the basis of the T2‐S1 conversion process, the EL performances of the blue OLEDs based on TPB‐AC are further enhanced by introducing a phosphorescence doping emitter in the emitting layer, which effectively regulates the excitons on TPB‐AC molecules. The maximum external quantum efficiency (EQE) reaches 7.93% and the EQE keeps 7.57% at the luminance of 1000 cd m−2. This work establishes a physical insight for designing high‐performance AIE materials and devices in the future. [ABSTRACT FROM AUTHOR]

White organic light‐emitting diodes (WOLEDs) are one of the most cogent candidates for environment friendly and healthy solid‐state lighting due to many unique merits. Here, a strategic design of exciplex hosts is applied to simultaneously realize the superior color stability, high color rendering index (CRI), high efficiency, and low efficiency roll‐off properties of WOLEDs. The resulting WOLEDs emit the forward‐viewing maximum power efficiency (PE) of 59.9 lm W−1, and the PE still remains 45.3 and 31.9 lm W−1 at 1000 and 5000 cd m−2, respectively, exhibiting extremely low efficiency roll‐off. More remarkably, the devices also show high CRI over 80 and extremely stable spectral emission in the luminance ranges from 1000 to 15 000 cd m−2. The excellent performances indicate the validity of the structure design and provide a new route for the development of high‐performance WOLEDs. [ABSTRACT FROM AUTHOR]