LG Chem enters the automotive switchable film market

LG Chem announced that it has successfully developed SGF (Switchable Glass Film) and signed a nomination agreement with German company Webasto, the global market leader in skylight systems. LG Chem plans to supply SGF films to Webasto.

The top 100 automotive supplier will use SGF films to build roof systems with integrated high-tech glass that will be installed at European OEMs. SGF's film business is expected to generate hundreds of billions of won in revenue in the next few years.

SGF is a film that can control passing light and heat by responding to electrical signals. SGF is mainly used for automotive sunroof glass, which is characterized by being opaque under normal conditions but becoming transparent when voltage is applied.

In addition to SGF, LG Chem also plans to continue exploring various high value-added materials for the display industry, such as transparent antenna films and adhesives for the automotive industry.

LG Chem CEO Hak Cheol Shin said: "Based on our technological expertise in electronic materials such as OLED displays and semiconductors, we will cultivate the mobility materials business as a future growth area and create new customer value."

LG Chem has accumulated more than 200 SGF-related patents globally through its expertise in liquid crystals, adhesive materials, precision coatings and patterning technologies in its existing electronic materials businesses such as OLED displays and semiconductors.