What They Say
Merck KGAA said that it was planning to boost its capacity for OLED material manufacture with new capacity in Korea at Pyeongtaek and Shanghai. The value of the investment is €20 million. The facilities add to the facilities in Darmstadt, Germany.
What We Think
Merck has been in OLED since 2010. The company is the dominant supplier of LC materials, but is happy to make competitive materials. As HP used to say “If we don’t our own lunch, someone else will”. (BR)
