Information
21-32 Ssukgol-gil, Ipjang-myeon, Seobuk-gu, Cheonan, Chungcheongnam-do, South Korea
+82 41-590-5499
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Overview
- Summary
- DS Neolux is a key affiliate of Duksan, specializing in the self-development and production of organic materials for AM OLEDs. The company leads the OLED material business through continuous R&D investment and technological development, establishing itself as a global OLED material expert.DS Neolux is a key affiliate of Duksan, specializing in the self-development and production of organic materials for AM OLEDs. The company leads the OLED material business through continuous R&D investment and technological development, establishing itself as a global OLED material expert.
- Key Products/Technologies
- OLED Emitting Materials: Development and production of Hole Transport Layer (HTL) materials that transport holes from the anode to the emitting layer. Supply of Red Host materials that emit red light in the emitting layer, and Red Prime materials that assist the red emitting layer. Production capabilities for Green Prime and Blue Prime materials that assist the green and blue emitting layers. Capability to supply self-developed Red Host materials with industry-leading high efficiency, low voltage, and long lifespan characteristics.OLED Emitting Materials: Development and production of Hole Transport Layer (HTL) materials that transport holes from the anode to the emitting layer. Supply of Red Host materials that emit red light in the emitting layer, and Red Prime materials that assist the red emitting layer. Production capabilities for Green Prime and Blue Prime materials that assist the green and blue emitting layers. Capability to supply self-developed Red Host materials with industry-leading high efficiency, low voltage, and long lifespan characteristics.
- OLED Non-Emitting Materials: World's first development and mass production of Black PDL (Pixel Define Layer), which defines pixels and enables panel thickness reduction and enhanced light emission efficiency by removing polarizers. Production of Anisotropic Conductive Film (ACF) that controls current flow between panels and chips or PCBs, and Conductive Particles with metal-plated polymer beads.OLED Non-Emitting Materials: World's first development and mass production of Black PDL (Pixel Define Layer), which defines pixels and enables panel thickness reduction and enhanced light emission efficiency by removing polarizers. Production of Anisotropic Conductive Film (ACF) that controls current flow between panels and chips or PCBs, and Conductive Particles with metal-plated polymer beads.
- Core Technologies: Expertise in producing ultra-high purity OLED materials through systematic synthesis and strictly controlled purification processes. Unique mass production technology and excellent quality control capabilities ensuring high-purity products with minimal lot-to-lot variation. Secured technologies in OLED material design, synthesis, high-purity refining, and mass production. Exclusive supply capability of Black PDL, a critical material for implementing CoE (Color filter on Encapsulation) technology.Core Technologies: Expertise in producing ultra-high purity OLED materials through systematic synthesis and strictly controlled purification processes. Unique mass production technology and excellent quality control capabilities ensuring high-purity products with minimal lot-to-lot variation. Secured technologies in OLED material design, synthesis, high-purity refining, and mass production. Exclusive supply capability of Black PDL, a critical material for implementing CoE (Color filter on Encapsulation) technology.
- Core Advantages
- Leading Position in the OLED Material Market: Demonstrated strength by ranking second globally in the OLED material market in 2021, surpassing DuPont of the United States, according to display market research firm UBI Research. Achieved the highest performance by a Korean company in the OLED material market.Leading Position in the OLED Material Market: Demonstrated strength by ranking second globally in the OLED material market in 2021, surpassing DuPont of the United States, according to display market research firm UBI Research. Achieved the highest performance by a Korean company in the OLED material market.
- Close Customer Collaboration and Customized Technology Development: Maintained long-standing close relationships with customers since market inception. Ability to respond to the technology-intensive nature of the industry, evolving with the advanced specifications of leading customers. Continuously maintained a supply advantage over domestic and international competitors by providing materials optimized for the demands of major customers like Samsung Display.Close Customer Collaboration and Customized Technology Development: Maintained long-standing close relationships with customers since market inception. Ability to respond to the technology-intensive nature of the industry, evolving with the advanced specifications of leading customers. Continuously maintained a supply advantage over domestic and international competitors by providing materials optimized for the demands of major customers like Samsung Display.
- Unique Technology and Product Diversification: Possesses stable mass production capabilities based on proprietary synthesis and high-purity refining technologies. Achieved stable growth through continuous R&D in OLED materials and product diversification since its inception. Diversified its portfolio by being the world's first to develop and mass-produce Black PDL, a non-emitting material, in addition to emitting materials.Unique Technology and Product Diversification: Possesses stable mass production capabilities based on proprietary synthesis and high-purity refining technologies. Achieved stable growth through continuous R&D in OLED materials and product diversification since its inception. Diversified its portfolio by being the world's first to develop and mass-produce Black PDL, a non-emitting material, in addition to emitting materials.
- Continuous R&D Investment and Patent Acquisition: Operates the DS Neolux R&D Center, a dedicated research organization, and invests over 10% of its sales in R&D. Engaged in the development of next-generation OLED organic materials and follow-up research for high-efficiency, long-lifespan blue materials. Filed approximately 60 patent applications annually in Korea and holds a total of 343 patents (as of February 2021), including domestic and international patents.Continuous R&D Investment and Patent Acquisition: Operates the DS Neolux R&D Center, a dedicated research organization, and invests over 10% of its sales in R&D. Engaged in the development of next-generation OLED organic materials and follow-up research for high-efficiency, long-lifespan blue materials. Filed approximately 60 patent applications annually in Korea and holds a total of 343 patents (as of February 2021), including domestic and international patents.
- Proactive Response to OLED Panel Structure Evolution: Increased importance of Black PDL due to the spread of CoE (Color filter on Encapsulation) technology. Exclusive supply of Black PDL contributes to thinner OLED panels, increased light emission efficiency, and reduced power consumption. Expected expansion of Black PDL application to foldable smartphones, bar-type smartphones, and laptops.Proactive Response to OLED Panel Structure Evolution: Increased importance of Black PDL due to the spread of CoE (Color filter on Encapsulation) technology. Exclusive supply of Black PDL contributes to thinner OLED panels, increased light emission efficiency, and reduced power consumption. Expected expansion of Black PDL application to foldable smartphones, bar-type smartphones, and laptops.
- Stable Growth Foundation through Business Diversification: Acquired Hyundai Heavy Industries Turbo Machinery in 2025, incorporating the turbomachinery business as a new segment. Secured a stable revenue base in a sector with long-term demand linked to industrial infrastructure, reducing reliance on the OLED industry cycle.Stable Growth Foundation through Business Diversification: Acquired Hyundai Heavy Industries Turbo Machinery in 2025, incorporating the turbomachinery business as a new segment. Secured a stable revenue base in a sector with long-term demand linked to industrial infrastructure, reducing reliance on the OLED industry cycle.
- Target Industrie
- OLED Display Industry: Manufacturing of OLED panels applied in various IT devices such as smartphones, TVs, tablets, and laptops. Displays for foldable smartphones and bar-type smartphones. Automotive OLED display sector.OLED Display Industry: Manufacturing of OLED panels applied in various IT devices such as smartphones, TVs, tablets, and laptops. Displays for foldable smartphones and bar-type smartphones. Automotive OLED display sector.
- Major Markets
- South Korea (main manufacturing and R&D hub), China (display panel manufacturer market)South Korea (main manufacturing and R&D hub), China (display panel manufacturer market)
- United States (market related to North American customer Apple)United States (market related to North American customer Apple)
- Certifications/Patents
- Patents: Approximately 60 patent applications filed annually in Korea. As of February 2021, holds a total of 343 patents, including domestic and international ones. Numerous co-filed patents in collaboration with Samsung Display.Patents: Approximately 60 patent applications filed annually in Korea. As of February 2021, holds a total of 343 patents, including domestic and international ones. Numerous co-filed patents in collaboration with Samsung Display.
- Awards: Received Samsung Display Best Partner Award (consecutively from 2016-2018). Awarded 'Industrial Packaging' at the 6th Display Day (for contributions to OLED material localization). Received Excellence Award and Grand Prize at the 'Korea IR Awards' hosted by the Korea IR Association. Awarded Commendation from the Minister of SMEs and Startups. Received Model Taxpayer Award on the 55th Taxpayer's Day (Commendation from the Deputy Prime Minister and Minister of Economy and Finance). Awarded the 2023 Forbes Social Contribution Award (Social Value Category) by the Korea Chamber of Commerce and Industry/Forbes. Received Commendation from the Minister of Trade, Industry and Energy in 2025 (for leading OLED emitting material localization and world's first commercialization of Black PDL).Awards: Received Samsung Display Best Partner Award (consecutively from 2016-2018). Awarded 'Industrial Packaging' at the 6th Display Day (for contributions to OLED material localization). Received Excellence Award and Grand Prize at the 'Korea IR Awards' hosted by the Korea IR Association. Awarded Commendation from the Minister of SMEs and Startups. Received Model Taxpayer Award on the 55th Taxpayer's Day (Commendation from the Deputy Prime Minister and Minister of Economy and Finance). Awarded the 2023 Forbes Social Contribution Award (Social Value Category) by the Korea Chamber of Commerce and Industry/Forbes. Received Commendation from the Minister of Trade, Industry and Energy in 2025 (for leading OLED emitting material localization and world's first commercialization of Black PDL).
- Certifications: Selected as a 'Youth-Friendly Small but Strong Company' for four consecutive years from 2021 to 2024. Designated as an 'Excellent Disclosure Corporation' in the KOSDAQ market (Korea Exchange) in 2022. Selected as a 'KOSDAQ Global Segment Company' in 2022.Certifications: Selected as a 'Youth-Friendly Small but Strong Company' for four consecutive years from 2021 to 2024. Designated as an 'Excellent Disclosure Corporation' in the KOSDAQ market (Korea Exchange) in 2022. Selected as a 'KOSDAQ Global Segment Company' in 2022.
Introduction
Location
21-32 Ssukgol-gil, Ipjang-myeon, Seobuk-gu, Cheonan, Chungcheongnam-do, South Korea
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