Merck Strengthens Display Materials R&D
Inauguration of Display Materials R&D Laboratory in Shanghai
Merck inaugurated its Display Materials research and development (R&D) Lab in Shanghai, China. Merck invested about € 5 million to expand and upgrade its local R&D capacity in display materials and strengthen its commitment to the display industry in China. The investment is in line with Merck’s strategy to provide local support to its customers in the display industry in China.
“We have now realized the plans we announced when we opened our Liquid Crystal Center China in 2013,” says Walter Galinat, Member of the Executive Board of Merck and CEO Performance Materials. “We are glad to be part of Shanghai’s technological initiative, dedicated to collaborating with local industry players to boosting strong demand in China for the years to come.”
The Shanghai R&D Lab will focus its research on developing new and improved mixtures for LC displays manufactured in China, one of the most important markets in the display industry. Formerly the liquid crystal application laboratory which opened in 2011, it has now been upgraded and expanded. The new lab will enable Merck’s experienced R&D team in China to provide local customers with high-quality materials and better responsiveness so as to jointly address the dynamic growth of China’s display industry. The lab also enables the state-of-the-art Liquid Crystal Center China to complete its full value chain from R&D to manufacturing, application support, and sales and marketing.
“A well-developed capacity for research and development is the key to the success of our localization,” says Alasdair Jelfs, Managing Director of the Merck legal entities within the Life Science and Performance Materials businesses in China. ”We are continuing our investment in upgrading and expanding our application lab to an R&D lab. This is enabling us to fully utilize our talented China R&D team, which we have been building for more than five years, in line with our strategy to position Merck in China as a service-oriented and innovative player in the market.”
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