EANS-Adhoc: Zumtobel AG
LG Innotek and Zumtobel Group conclude LED cooperation
agreement
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
Contracts/Zumtobel Group
15.12.2010
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.
end of announcement euro adhoc
Further inquiry note:
Pressekontakt Kontakt Investor Relations
Astrid Kühn-Ulrich Harald Albrecht
Head of Corp. Communications Head of Investor Relations
Tel. +43-(0)5572 509-1570 Tel. +43-(0)5572 509-1125
astrid.kuehn@zumtobel.com harald.albrecht@zumtobel.com
Branche: Technology
ISIN: AT0000837307
WKN:
Index: WBI, ATX Prime, ATX
Börsen: Wien / official market