Merck and Idemitsu Kosan have agreed to use patents to each other pertaining materials OLED
The German company Merck, recently launched in the Darmstadt plant, which produces materials for OLED displays, announced the signing of an agreement with Idemitsu Kosan. This Japanese company also is developing OLED materials and has many of the relevant patents.
The cooperation agreement will allow partners to use a patented design each other in a specified amount. The parties hope that this will help accelerate the creation of new materials characterized by higher efficiency and longer service life. In addition, Merck and Idemitsu Kosan intend to continue negotiations, hoping to expand the scope of cooperation.