Merck and BOE reached a strategic cooperation agreement in the OLED field

August 20, 2020, Shanghai - Merck, the world's leading technology company, recently signed a cooperation agreement with BOE Technology Group Co., Ltd. The two parties will conduct comprehensive cooperation in the OLED field to jointly promote the innovation, application, and industrialization of OLED technology development.

According to the cooperation memorandum agreement, the two parties will be committed to establishing a long-term strategic partnership in the OLED field, including using Merck's OLED materials laboratory to conduct joint device evaluations, strengthening long-term cooperation in the production and supply of OLED materials, and jointly accelerating OLED display Application of technical exchanges, etc.

BOE is an Internet of Things company that provides smart port products and professional services for information interaction and human health. It is also a global leader in the semiconductor display industry and has a leading technological advantage and market position in the display and sensing field. Currently, BOE has 3 6th generation flexible AMOLED production lines in Chengdu, Mianyang, and Chongqing. Qunzhi Consulting data shows that in 2019, BOE flexible OLED ranked first with a market share of 86.7% in China. In the field of flexible displays, BOE's mass-produced flexible displays have been applied to world-renowned brands. In 2020, as foldable smart terminals usher in breakthrough opportunities, new product orders and further expansion of brand customers, BOE's AMOLED shipment scale will increase significantly, and its global core competitiveness will continue to increase.

Merck is a diversified, multinational high-tech enterprise with businesses spanning the three fields of medicine and health, life sciences, and high-performance materials. In the field of OLED materials, Merck has nearly 20 years of AMOLED research and development experience, has set up a "Merck OLED Technology China Center" in Shanghai, and recently completed the second phase of expansion. The experimental center is equipped with a complete set of advanced material testing equipment and clean room facilities, which can be used to effectively evaluate the design, performance, and service life of OLED devices, and can jointly develop and order high-purity, reliable, and efficient OLED materials with customers. In addition, Merck recently acquired Konica Minolta's OLED display application patent portfolio, which includes more than 700 patents in the same family.

OLED, also known as "Organic Light Emitting Diode", is a new type of self-luminous semiconductor display technology, which can not only realize ultra-thin and more flexible display but also can integrate various sensors conveniently, so that the display has precision and variety Features.