Ad-hoc Release: LG Innotek and Zumtobel Group conclude LED cooperation agreement
LG Innotek, a subsidiary of the Korean LG Group, and the Austrian lighting company Zumtobel Group have concluded a cooperation agreement in the field of LEDs. The aim of cooperation is to transfer the successful high volume business in LED backlights for LCD screens to the field of professional lighting.
The two parties will each be contributing their respective expertise in terms of technology, applications and production. One aspect of particular importance here is the use of LEDs as point light sources to produce flat-area lighting. Both companies also plan to use their strengths to market innovative LED products: In addition to its existing LED portfolio, Tridonic, the lighting components brand within the Zumtobel Group, will also be offering LED products from LG – above all LED modules and converters for professional lighting – via its own sales channels.
Zumtobel Group contact
Head of Investor Relations
Head of Corporate Communications
Tel. +43-(0)5572 509-1570