LG Display Holds '2020 Tech Forum'... "Joining Hands with Partners to Challenge New Industries"

Jung Ho-young, President of LG Display

[Asia Economy Reporter Ki-min Lee] LG Display is strengthening strategic cooperation with its partners to discover future new technologies.

LG Display announced on the 7th that it held an online '2020 Tech Forum' by inviting 20 domestic and international partners with world-class competitiveness in various fields of display materials and components, including Merck and Dupont, attended by President Ho-young Jung and Vice President (CTO) In-byeong Kang.

LG Display explained that due to changes in industrial structure caused by the 4th Industrial Revolution and the acceleration of digital transformation, the display industry is intensifying competition in developing new form factors such as rollable and transparent displays, making strategic cooperation with materials and component partners more important, which led to the holding of this forum.

At the 9th 2020 Tech Forum this year, LG Display shared thoughts on 'Changes in future life brought by the diversification of displays,' including ▲recent display market trend analysis ▲future new technology development directions ▲digital transformation research and development (R&D).

LG Display also communicated strategies regarding new technology discovery with major materials and component partners and pledged to establish a strategic cooperation system that can succeed together.

Furthermore, as the need to foster the domestic materials, components, and equipment industry for future displays such as organic light-emitting diodes (OLED) has increased recently, LG Display decided to strengthen cooperation to enhance the global manufacturing competitiveness of domestic materials and component partners.

Ho-young Jung, President of LG Display, said at the Tech Forum, “We will dramatically increase the market penetration and adoption rate of OLED while continuously pursuing challenges in new applications and new industries where OLED technology can be applied. To this end, we will build an organic and meticulous OLED ecosystem with our partners and carry out closer and more strategic collaboration.”

This content was produced with the assistance of AI translation services.