NewLaunches: LG Display has struck a deal worth millions of dollars with Continental AG for the supply of 30,000 sheets of LG Display’s 5.8 inch and 7.3 inch LCD panels on a monthly basis to Mercedes Benz which will be used for new E-class sedans.
The exact amount of the deal is unknown because officials declined to state it but it is estimated around 46 million dollars. That is good news especially during these tough financial times.
The panels provided by LG Display are high-end products with light-emitting diode backlight bulbs. The 5.8-inch model will be used in low-end models of the E-class, while the 7.3-inch panels will be attached to premium models.