Merck KGaA recently announced that it has launched a project called "New materials for OLEDs from solutions" (NEMO) together with renowned partners from industry and science. The objective of this project, which is being co-funded by the German Federal Ministry of Education and Research, is to develop innovative, soluble materials for use in large-area organic light-emitting diode (OLED) components for devices such as televisions, electronic traffic signs or lighting systems.

It’s reported that Merck KGaA aims to take a leading position in the future market for OLED, which may become the new technology for displays in mobile phones, computers and TVs.