Merck : to Accelerate Commercialization of OLED Display Materials Through Partnerships

By Olivia Bugault

Merck KGaA said Tuesday that it is partnering with Finland's Optitune and South Korea's Solip Tech in order to speed up the commercialization of liviFlex, a new range of materials for OLED displays.

"liviFlex offers a novel range of display materials that addresses challenges in the manufacture of flexible, foldable and rollable OLED displays, which are known as free-form displays," the German pharmaceuticals and chemicals company said.

Merck said that revenue of free-form displays should reach $8.9 billion by 2025, which would be 13 times as much as what the segment generates currently.

Write to Olivia Bugault at [e-mail]

(END) Dow Jones Newswires

12-01-20 0244ET