LG Chem announced that it had successfully developed SGF (Switchable Glazing Film) and signed a nomination agreement with Webasto the German based company, which is the global market leader for sunroof 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 which will be installed in European OEMs. SGF film business is expected to generate hundreds of billions of won in revenue over the next few years.

SGF is a film that can control the amount of light and heat passing through by responding to electrical signals. Primarily used in automotive sunroof glass, SGF is characterized by its opacity under normal conditions, but it becomes transparent when voltage is applied.

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

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

LG Chem has accumulated over 200 SGF-related patents globally through its liquid crystals, adhesive materials, precision coating and pattern formation technology expertise in the existing electronics materials business such as OLED displays and semiconductors.