Merck and Idemitsu Kosan have entered into a collaboration agreement that allows each company to use the other company's OLED material-related IP in certain areas. Both Merck and Idemitsu hope that this will enable both companies to develop higher-performance OLED materials.
Merck and Idemitsu also expect to continue discussions and expand the collaboration to other areas in the future.
Idemitsu Kosan is a large multinational Chemical company based in Japan that is supplying OLED materials for OLED producers. Idemitsu has OLED business units in Japan, Taiwan, Korea and China and is collaborating with UDC, LGD, AU Optronics, Doosan and others. We recently posted an interview with Idemitsu's electronics materials chief.