Resort facilities

Merck completes expansion of OLED facilities in Pyeongtaek

The newly installed equipment for sublimation and vacuum deposition processes at Merck’s OLED materials factory in Pyeongtaek, Gyeonggi Province. (Merck Korea)

Merck Korea, the local subsidiary of the German science and technology giant, announced on Thursday that it has completed work to expand its local production plant in Pyeongtaek, Gyeonggi Province.

In October 2020, the company announced plans to invest 20 million euros ($21 million) in expanding plant facilities to produce key materials for organic light-emitting diode displays that had been imported from Germany.

“We can now respond quickly to customer demands and requests in Asia and help develop and reliably supply materials for advanced high-purity OLED panels that are in high demand,” said Michael Heckmeier, Head of Solutions at display at Merck, during the opening ceremony on Wednesday.

Kim Woo-kyu, General Manager of Merck Korea, highlighted Korea’s dominant position in the market, which accounts for more than 80% of the global OLED display market.

“Merck is committed to helping Korean panel makers dominate the market by providing a strong and reliable supply network of display materials,” he added.

In order to develop next-generation displays, the quality and purity of OLED materials are the two most important factors affecting device performance and lifespan.

The newly installed equipment for the sublimation and vacuum deposition processes is expected to achieve the highest level of performance and quality from locally produced materials.

Merck entered the Korean market in 1989. It operates several production plants and research centers for display materials and semiconductors, with about 1,500 hired workers.

By Lee Ji-yoon (jylee@heraldcorp.com)