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Merck invests 22 million euros to build an OLED material R&D and production base in Shanghai

Michael, the global head of Merck's display materials business in Germany, revealed in an interview that Merck's new project in Shanghai focuses on OLED materials.

Merck invested 12 million euros in Shanghai to double the OLED material technology center laboratory, which was completed in the third quarter of this year; it will also invest 10 million euros to build an OLED material production base, which is expected to start at the end of this year and be completed in the next two years.

Merck focuses on the three major fields of medicine and health, life sciences and high-performance materials. It is committed to promoting technological progress and improving people's lives. The areas involved range from biological therapies for cancer and multiple sclerosis to applications in scientific research and production. The cutting-edge system, to the liquid crystal materials of smart phones and flat-screen TVs. In 2019, Merck's total sales in 66 countries reached 16.2 billion euros.

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