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MKKGY Merck KGaA (PK)

36.472
0.172 (0.47%)
Last Updated: 19:34:27
Delayed by 15 minutes
Name Symbol Market Type
Merck KGaA (PK) USOTC:MKKGY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.172 0.47% 36.472 36.44 36.52 36.52 36.33 36.50 27,507 19:34:27

Merck KGaA to Accelerate Commercialization of OLED Display Materials Through Partnerships

01/12/2020 7:59am

Dow Jones News


Merck KGaA (PK) (USOTC:MKKGY)
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By Olivia Bugault

 

Merck KGaA said Tuesday that it is partnering with Finland's Optitune and South Korea's Solip Tech in order to speed up the commercialization of liviFlex, a new range of materials for OLED displays.

"liviFlex offers a novel range of display materials that addresses challenges in the manufacture of flexible, foldable and rollable OLED displays, which are known as free-form displays," the German pharmaceuticals and chemicals company said.

Merck said that revenue of free-form displays should reach $8.9 billion by 2025, which would be 13 times as much as what the segment generates currently.

 

Write to Olivia Bugault at olivia.bugault@wsj.com

 

(END) Dow Jones Newswires

December 01, 2020 02:44 ET (07:44 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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