Merck is a global healthcare, life sciences and performance materials company based in Germany, with a history that goes back to 1668. The company designs, develops and manufactures a wide range of specialized materials including high performance OLED materials.

Following Mercks' 2005 acquisition of Covion and the 2008 OLED-T acquisition, Merck is supplying OLED materials to several OLED makers including LGD, Samsung and the Fraunhofer FEP (COMEDD). The company's OLED research program focuses on solution-processable materials.

In 2013, we interviewed Dr. Udo Heider, VP of OLED unit at Merck, who updated us on the company's OLED business and materials. In 2016, Merck constructed a €30 Million OLED materials production plant in Darmstadt as the company sees OLED as one of its future growth driver. Merck is collaborating with several companies on OLED technologies, including Seiko Epson and Idemitsu Kosan.

Company Address: 
Frankfurter Straße 250
64293 Darmstadt
Germany

The latest Merck OLED news:

DSCC - OLED material sales will grow from $951 million in 2019 to $2.69 billion in 2024

DSCC updated its OLED material market estimates, saying that AMOLED stack material sales will grow from $951 million in 2019 to $2.69 billion in 2024 - a CAGR of 23%. These new estimates take into account DSCC's reduced input area forecast due to the slowdown in demand cased by the Covid-19 pandemic.



AMOLED material revenues (2019-2024, DSCC)

DSCC says that incremental improvements in material utilization and price reductions, material costs per square meters will decline in the future. The unyielded cost of producing a square meter of a WOLED TV panel will decline from $95.21 in 2019 to $56.11 in 2024.

Universal Display and Merck to accelerate development of OLED materials and technologies

Universal Display and Merck announced that the two companies will collaborate on OLED research and development. The two companies will join their know-how to accelerate the development of new products.

This joint development program brings together UDC's leading-edge phosphorescent OLED emitters with Merck's state-of-the-art transport materials. The objective is to develop higher performing OLED stacks for OLED manufacturers around the world.

DSCC sees the OLED material market growing from $1 billion in 2018 to over $2 billion in 2022

DSCC analysts say that OLED stack materials will grow from $1.04 billion in 2018 to over $2 billion in 2022 - a CAGR of 17%.

OLED material revenue by application (2017-2023, DSCC)

DSCC says that up until now it greatly underestimated Novaled's revenues, and it now says that Novaled generated revenues of $97 million in 2017 and $122 million in 2018. Novaled is the third largest OLED material company by revenue - following Universal Display and Merck. The three companies combined will hold a market share of 56% in 2023.

Merck and Visionox announce a strategic partnership to accelerate OLED material development

Merck announced that is has signed a Memorandam of Understanding with China's Visionox to accelerate the development and application of OLED displays. Merck did not provide a lot of details, but it did say that this agreement markets a strategic alliance between Merck and Visionox.

Merck Shanghai OLED center inauguration ceremony photo

Merck offers a complete portfolio of materials for OLED display and lighting devices - including evaporation and soluble materials suitable for ink jet printing.

Merck opens a new OLED technology center in Shanghai, China

Merck opened a new OLED technology center in Shanghai. The new center will provide local customers with tailor-made solutions to enable innovative OLED application development.

Merck Shanghai OLED center inauguration ceremony photo

Merck says that the new center offers a range of state-of-the-art equipment and clean room facilities that enable OLED device fabrication and characterization.

CSoT details its OLED ink-jet printing plans, collaborates with Kateeva, Sumitomo, Merck, DuPont and Tianma

Last month CSoT (TCL) announced plans to establish a 11-Gen LCD+OLED TV fab in Shenzhen, China. Details on the OLED part of that fab were not given, but now we have some updates following the company's investor day.

The new fab will use Oxide-TFT backplanes, and it turns out that the OLED part of the fab will also use the 11-Gen substrates (which may be cut for the actual OLED front plane deposition). Out of the entire capacity of 90,000 monthly substrates, the OLED line will use 20,000 substrates. The fab will start mass production in 2021.

DSCC lowers its OLED material revenue forecasts, published Samsung's latest OLED stack

DSCC lowered its OLED material revenue forecasts, saying that the market is expected to grow at a 25% CAGR from $773 million in 2017 to $2.35 billion in 2022 (down from its previous estimates of $2.56 billion in 2022). The fastest growing (51% CAGR) OLED application will be OLED lighting, which will grow from $12 million in 2017 to $95 million in 2022.

Samsung Galaxy S9 material stack (DSCC)

DSCC also published the material stack for Samsung's latest OLEDs (used in the Galaxy S9), which you can see above.

Merck and OLEDWorks bring their textile-based OLED+OPV installation to Frankfurt

In September 2017, Merck, OLEDWorks, OPVIUS and Kolon launched a new textile-based OLED lighting and OPV installation (called "Do we dream under the same sky") at the first Seoul Biennale of Architecture and Urbanism.

Do we dream under the same sky (Frankfurt 2018)

Merck now brought the same installation to Frankfurt during the Light + Building 2018, and the company also gave us more details about this interesting installation.

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