Thomson and LG Electronics (LGE) announced that the two groups will join their research and development (R&D) resources on plasma display technology. According to the companies, Charles Dehelly, CEO of Thomson, and Nam K. Woo, president and CEO of the LGE Digital Display and Media Company, met in Paris to sign a contract planned for an initial two-year period, with an extension on a yearly basis.
Thomson and LGE will equally finance the R&D contract with the objective to create new technologies to be used in plasma modules, the companies said. The collaboration will leverage Thomson R&D resources in its European laboratories, in particular Rennes and Villingen, where the company is concentrating its technological resources for flat displays. Thomson said the contract reflects its strategy in plasma displays to focus its R&D resources on the electronics of plasma displays and to leverage its intellectual property in plasma. Through the partnership, Thomson plans to obtain best-in-class plasma modules using LGE’s manufacturing expertise.
to Daily News