LG Display boosts ties with Mercedes-Benz in vehicle screens

South Korea's LG Display Co. has reinforced its auto display cooperation with German automotive giant Mercedes-Benz, raising prospects that the former's premium OLED panels will be installed in the latter's vehicles. 

LG Display on Thursday said Chief Operating Officer and Vice Chairman of LG Corp. Kwon Bong-seok and LG Display President and CEO Jeong Ho-young held talks with Ola Kallenius, chairman of the management board at Mercedes-Benz Group AG, at LG Science Park in Seoul. Also attending were LG Display Senior Vice President Kim Byung-koo, head of the company's Automotive Business Group and Chief Strategy Officer and Senior Vice President Kim Hee-yeon, as well as Mercedes-Benz Korea CEO Mathias Vaitl.

The meeting's purpose was for Mercedes-Benz to discuss collaboration with LG Display, a key supplier of auto displays, and further boost their relationship.

LG Display has worked closely with its German partner over the past 20 years, starting with a vehicle display project in 2004. Beginning with the S-class in 2020, the former has supplied plastic OLED (P-OLED) panels for use in the latter's electric vehicles such as the sport utility models of the EQS and EQE lines.

Also at the meeting, LG Display unveiled next-generation vehicle displays like a 34-inch ultra-large P-OLED, 18-inch slidable OLED, transparent OLED, 12.3-inch glasses-free 3D instrument panel and viewing angle control.

LG Display is raising its reputation in auto displays based on the high-tech competitiveness of its Tandem OLEDs and high-end LCDs.

"Tandem OLED embodies LG Display's groundbreaking two-stack OLED technology, which adds an extra emitting layer to deliver brighter screens while effectively dispersing energy across OLED components for optimal stability and longer lifespans," the company said in a news release. 

Mass production of second-generation Tandem OLEDs is scheduled to start this year.

Write to Jeong-Soo Hwang at hjs@hankyung.com