A new joint venture between LG Electronics (LG) and Lufthansa Technik will see the companies develop LG’s OLED display technology for use in commercial aircraft. The companies envisage new applications such as for welcome board screens and interior linings.
The joint venture will be based in Hamburg, Germany, and is due to commence operation in the first half of 2019, although closing of the agreement is subject to regulatory approval.
“We are very excited to be joining hands with Lufthansa Technik to expand the reach of LG’s innovative consumer electronic technologies to commercial aircraft,” said Kwon Soon-hwang, president of LG’s business-to-business company.
“Both partners contribute a globally recognized reputation in their respective business areas to create a new flying experience for passengers,” said Dr Johannes Bussmann, chairman of Lufthansa Technik’s executive board.