On Oct. 14, LG Group Chairman Koo Bon-moo personally introduced LG’s cutting-edge and eco-friendly products and technologies to German President Joachim Gauck, who visited LG Display’s Paju plant in Gyeonggi Province during his visit to Korea.
President Gauck was accompanied on the visit by about 50 German government officials and business representatives, including David Gill, the head of the administration of the President of Germany; Matthias Machnig, the State Secretary at Germany's Federal Ministry for Economic Affairs and Energy; German Ambassador to Korea Rolf Mafael; and Ulrich Dietz, CEO of GFT Technologies AG.
They were greeted by LG Group Chairman Koo Bon-moo, LG Electronics Chief Technology Officer (CTO) Ahn Seung-kwon, LG Display CEO and President Han Sang-Beom, LG Electronics VC Business Division President and CEO Lee Woo-jong, and LG Corp. President Ha Hyun-hoi.
Chairman Koo personally introduced LG’s products and technologies in the display, eco-friendly energy, and auto parts sectors. President Gauck listened to explanations and carefully examined them.
The group displayed large curved organic light emitting diode (OLED) TVs, transparent displays, high efficiency solar modules, energy storage system (ESS) battery modules, energy storage solutions for isolated islands, electric car motors, inverters, and batteries at the plant.
Chairman Koo had a luncheon with President Gauck, discussing future partnerships between Germany and the Korean tech giant. The chairman introduced its OLED business, the next-generation display of liquid-crystal displays (LCD), and its capability in the green energy and auto parts sectors, such as high efficiency solar modules, ESS, and electric vehicle motors.
Chairman Koo also expressed his gratitude of the fact that Germany provided a loan to LG Electronics, helping the company stably grow when it first started the business in the 1960s.