Merck Inaugurates OLED Application Center (OAC) in Korea

Investment of over € 7 million to build OAC in Korea

01-Jun-2015 - Korea, Republic of (South Korea)

Merck has inaugurated an OLED Application Center (OAC) in Korea (Pyeongtaek, Gyeonggi Province). Johannes Baillou, Chairman of the Board of Partners of E. Merck KG, Walter Galinat, President and CEO of the Performance Materials business sector, Udo Heider, Head of the OLED business, Michael Grund, Managing Director of Merck Korea and many distinguished guests including Rolf Mafael, German Ambassador, Yongrae Kim, Director General of Ministry of Trade, Industry & Energy (MOTIE), and representatives from Korea Trade-Investment Promotion Agency (KOTRA), Pyeongtaek City Government, Korean-German Chamber of Commerce and Industry (KGCCI), Samsung Display(SDC), LG Display(LGD) attended the official ceremony held on May 28, 2015.

To strengthen its commitment to OLED research, Merck invested over € 7 million to establish the OLED Application Center in Poseung in 2015. The plan was part of efforts to further increase customer satisfaction and capture competitive advantage by better serving Korean customers and helping to shorten their time to market. ”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,” said Johannes Baillou.

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.

https://www.chemeurope.com/en/news/153062/merck-inaugurates-oled-application-center-oac-in-korea.html