Sunday, 15 Sep 2019

Merck inaugurates OLED Application Centre in Korea

Merck aims to captures competitive advantage by better serving customers and helping to shorten their time to market

28 May 2015 | Editor

Merck has inaugurated an OLED Application Centre (OAC) in Korea (Pyeongtaek, Gyeonggi Province). To strengthen its commitment to OLED research, Merck has invested over Eur 7 million to establish the OLED Application Centre in Poseung in 2015. The centre builds on the company's plans to further increase customer satisfaction and capture competitive advantage by better serving Korean customers and helping to shorten their time to market.

Merck Korea’s project team spent one year on the design and construction of the new building and was supported by Merck’s engineering team from Darmstadt. The building features cleanroom facilities and equipment that meet international standards; fire protection and safety were a top priority. With construction having been completed last February, the building has been commissioned and the first blue device was successfully produced on April 2, 2015.

Merck - Opening of the OLED Application Centre

Figure: Merck - Opening of the OLED Application Centre

Some key dates in the development of Merck's presence in Korea:

  • In 2002, Merck Korea established Merck Advanced Technologies Ltd. to consolidate its liquid crystals business as well as all operational activities. This initial investment consisted of a production centre and a warehouse building in Poseung
  • In 2008, Merck decided to invest € 11 million in a new Advanced Technology Center, which was inaugurated in May 2010
  • In October 2011 Merck opened its first Chemical Application Center outside Germany in Korea.
  • In May 2015 Merck Advanced Technologies Ltd. was renamed Merck Performance Materials Ltd
Johannes Baillou, Chairman of the Board of Partners of E. Merck KG, said, "This investment is based on our continued faith in Korea’s leadership of global display industry and confidence in the industry’s long-term growth."
Walter Galinat, President and CEO of the Performance Materials business sector, said, "OLED Application Center has a range of equipment for OLED evaporation testing and reliability analysis and will introduce other advanced processes such as inkjet printing through continuous further investment. With the launch of the new center, Merck Korea now runs both an OLED Physics Application Center and a Chemical Application Center established in 2011 at one site, a first in Asia."
Michael Grund, Managing Director of Merck Korea, "We at Merck will continue efforts based on our customer-centric strategy of helping our customers succeed in their markets. We are committed to research and development of advanced technologies that live up to our customers’ needs and expectations. I believe this is the key factor for a successful partnership. We develop today what our customers will apply tomorrow."


About Merck

Merck is a leading company for innovative and top-quality high-tech products in healthcare, life science and performance materials. The company has six businesses – Merck Serono, Consumer Health, Allergopharma, Biosimilars, Merck Millipore and Performance Materials – and generated sales of € 11.3 billion in 2014. Around 39,000 Merck employees work in 66 countries to improve the quality of life for patients, to foster the success of customers and to help meet global challenges.

Merck is the world’s oldest pharmaceutical and chemical company – since 1668, the company has stood for innovation, business success and responsible entrepreneurship. Holding an approximately 70% interest, the founding family remains the majority owner of the company to this day. Merck, Darmstadt, Germany holds the global rights to the Merck name and brand. The only exceptions are Canada and the United States, where the company operates as EMD Serono, EMD Millipore and EMD Performance Materials

Source: Merck

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