LG Electronics (LG) and Lufthansa Technik AG have announced they will collaborate to develop, produce and market LG´s innovative OLED displays for commercial airplane cabins, the companies said.
The new venture will be based in Hamburg, Germany and will commence operation in the first half of 2019.
The new joint venture will combine LG´s advanced, lightweight and flexible OLED display technology with Lufthansa Technik´s aviation business capabilities to create new markets for on-board aircraft applications such as welcome board screens and interior linings.
Lufthansa Technik AG is one of the leading providers of technical aircraft services in the world. Certified internationally as maintenance, production and design organization, the company has a workforce of more than 25,000 employees. Lufthansa Technik´s portfolio covers the entire range of services for commercial and VIP/special mission aircraft, engines, components and landing gear in the areas of digital fleet support, maintenance, repair, overhaul, modification, completion and conversion as well as the manufacture of innovative cabin products.
LG Electronics, Inc. is a global leader and technology innovator in consumer electronics, mobile communications and home appliances, employing 77,000 people working in 125 locations around the world.