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)

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