Novaled Starts Construction of New Facility in Dresden

The construction work for the new company headquarters of Novaled GmbH has started in the north of Dresden with the symbolic first groundbreaking. In the next few months, an old mill, a listed monument, will be renovated and converted into a prestigious office building on the 10,200 square meter site at Elisabeth-Boer-Straße. A 110-meter-long R&D plant with the best-equipped research area, clean rooms of class ISO5 and ISO7 as well as with laboratories is also being built.
 
After completion of the construction measures, the Novaled team will be able to use an area of approximately 6,160 square meters in the buildings, which is ideal for the development of materials for OLEDs and organic electronics.
 
Novaled, a Samsung subsidiary, supplies organic dopants for OLED display mass production. The doping technology of the Novaled’s materials are found in most smartphones, tablets and other OLED displays, as well as in OLED lighting such as Audi TT taillights and organic solar cells.
 
By the decision to purchase the property and to invest more than $20 million in the Dresden location, Samsung as Novaled’s parent company has made a very clear commitment to the economic region and to Novaled.