Both multinationals have announced the creation of a joint venture to develop, produce and commercialize screens OLED from LG for cabins of airliners.
The agreement, signed a few days ago in Hamburg and subject to regulatory approval, includes the joint venture of a new company between LG Electronics Y Lufthansa Technik for the development and commercialization of technology displays OLED of the first aircraft of the German airline, according to the corporate statement.
This new joint venture will be based in the German city of Hamburg and will begin its activity in the first half of 2019. The advanced and flexible display technology OLED LG combine business capabilities in the environment of aviation from Lufthansa Technik to create new markets and applications on board aircraft, as screens welcome digitalesde and coatings interiors.
"We are very excited to join Lufthansa Technik to expand the scope of our innovative technologies to commercial aircraft," says in the release Soon Kwon, President of LG Business-to-Business.
In this line, Johannes Bussmann, Chairman of the Executive Board of Lufthansa Technik, points out that "both partners contribute a reputation recognized worldwide in their respective areas of business to create a new flying experience for passengers".
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