WEIMAR, Germany, March 31, 2025 /PRNewswire/ -- On March 26th, Wanhua Chemical Group Battery Technology Co., Ltd ("Wanhua Chemical") and IBU-tec ( "IBU-tec"), the leading European manufacturer of lithium iron phosphate materials, successfully held a signing ceremony for the Joint Research and Development Agreement (JDA) in Weimar, Germany. The partnership with IBU-tec does not affect the progress of concrete talks with further companies on far-reaching cooperation, which Wanhua Chemical is currently conducting.
Within the framework of the partnership, IBU-tec and Wanhua Chemical will carry out a scale-up towards the industrial scale in the coming months. The partners expect to have reliable results in the third quarter of the current year as to whether the joint development will meet market requirements in Europe and North America. If this is the case, it will open up extensive potential for the production of an LFP cathode material in Germany that would be part of a European value chain in the battery sector.
Dr. Hua Weiqi, Executive Vice President of Wanhua Chemical, Mr. Wang Xiaoxing, General Manager of Wanhua Battery Industry Company Limited, Mr. Jörg Leinenbach, CEO of IBU-tec and Mr. Ulrich Weitz, CPO of IBU-tec, attended the signing ceremony. This event marks the formal opening of the in-depth cooperation between the two parties in the field of lithium iron phosphate (LFP) materials.
In the field of battery materials, lithium iron phosphate has gradually become a mainstream product in the new energy automobile and energy storage market with its advantages of high safety and long cycle life. In recent years, Wanhua Chemical has established a technology platform integrating battery material technology development, equipment technology development, and electric core application technology research, and its lithium iron phosphate products have been upgraded continuously. In this cooperation, the company will establish a local supply chain to supply LFP materials to European customers.
Dr. Hua Weiqi said: LFP shows the dominant position (almost 80% share in EV in Chinese market), and is almost the only commercially available solution for energy storage. Wanhua Chemical adheres to the globalization strategy and has set up 7 R&D centers in Beijing, Shanghai, Hungary, Spain, etc., 9 production bases and more than 10 overseas sales organizations, and IBU-tec, as a local German Li-ion material factory, focuses on the R&D and production of LFP, and owns a mature R&D and production system.
In the future, the two sides will also discuss the establishment of a joint laboratory in Europe, to begin cooperation in the field of battery innovation and R&D, to provide strong local R & D support for the development of the European battery industry.
About Wanhua Chemical:
Wanhua Chemical is a globally operated chemical new materials company, ranking 16th of C&EN's Global Top 50 chemical companies, with over 30000 employees worldwide. Its business covers polyurethanes, petrochemicals, performance chemicals, emerging materials and future industries. The industries include homeware and furniture, sports and leisure, automobiles and transportation, building and construction, electronics and electrical appliances, personal care, and green energy.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Wanhua Chmeical and IBU-tec signed a Joint Development Agreement for the development of a European LFP battery material, creating the basis for a European value chain in the battery sector
Wanhua Chmeical and IBU-tec signed a Joint Development Agreement for the development of a European LFP battery material, creating the basis for a European value chain in the battery sector
SEOUL, South Korea, Dec. 28, 2025 /PRNewswire/ -- LG Display, the world's leading innovator of display technologies, is set to rewrite industry records once again at CES 2026, the world's largest IT and consumer electronics exhibition.
During the Las Vegas show from January 6 to 9, LG Display will unveil a wide lineup of technologies and products that set new records among existing Gaming OLED panels, including the world's highest refresh rate of 720Hz and response time of 0.02ms, the world's first 39-inch 5K2K panel, and the world's first 240Hz panel with an RGB stripe pixel structure.
A full showcase of Gaming OLED panels with overwhelming performance — world-first refresh rate, resolution, and pixel structure
LG Display is presenting a 27-inch Gaming OLED panel at CES 2026 that achieves a refresh rate of 720Hz — the fastest among all Gaming OLED panels currently available. Refresh rate refers to the number of times per second a screen updates, so 720Hz means the screen refreshes 720 times per second. LG Display is the first to achieve such an ultra-high refresh rate on an OLED panel.
This product also offers a response time of up to 0.02ms, which is over 150 times faster than the average response time of LCD panels. The combination of an ultra-high refresh rate and ultra-fast response time eliminates afterimages and motion blur completely, even during rapid on-screen transitions.
The world's first 39-inch 5K2K Gaming OLED panel will also be unveiled at the show. LG Display is currently the only manufacturer worldwide producing 39-inch OLED panels. These curved displays, designed with a 21:9 aspect ratio and 1500R curvature, deliver the ultimate immersive viewing experience with ultra-high resolution that surpasses UHD — ideal for content creators such as video editors and cinematographers. Visitors will also get to witness the world's first OLED panel featuring a 240Hz RGB stripe pixel structure. In addition to its high 240Hz refresh rate that ensures excellent gaming performance, it enables highly detailed and crisp graphic reproduction at 160 pixels per inch (ppi). Optimized for common computer operating systems, its precise pixel structure allows for perfectly sharp text and color representation.
New large-sized OLED technology, Primary RGB Tandem 2.0, to be applied to all 2026 gaming monitors
LG Display also plans to apply its new Tandem WOLED technology, Primary RGB Tandem 2.0, to all Gaming OLED panels launching in 2026.
The company first unveiled its Primary RGB Tandem technology last year — the world's first OLED stack structure in which each of the three primary colors of light (red, green, and blue) is formed as an independent emission layer. The newly upgraded Primary RGB Tandem 2.0 adopts an even more optimized pixel structure and advanced algorithms.
Through this innovation, LG Display's Gaming OLED panels can achieve peak brightness of up to 1,500 nits, deliver perfect blacks with HDR True Black 500, and reproduce up to 99.5% of the DIC color gamut, offering true-to-life picture quality.
"With unmatched refresh rates, resolution, and response times that every gamer dreams of, LG Display is solidifying the unique strength of its OLED panels and enhancing global competitiveness," said Lee Hyun-woo, Head of the Large Display Business Unit at LG Display. He added, "As demand for OLED monitors continues to grow, we plan to accelerate expansion into the market beginning next year, led by world-best and world-first technologies."
About LG Display
LG Display Co., Ltd. [NYSE: LPL, KRX: 034220] is the world's leading innovator of display technologies, including thin-film transistor liquid crystal and OLED displays. The company manufactures display panels in a broad range of sizes and specifications primarily for use in TVs, notebook computers, desktop monitors, automobiles, and various other applications, including tablets and mobile devices. LG Display currently operates manufacturing facilities in Korea and China, and back-end assembly facilities in Korea, China, and Vietnam. The company has approximately 70,707 employees operating worldwide. For more news and information about LG Display, please visit www.lgdisplay.com.
Media Contact:
Joo Yeon Jennifer Ha, Team Leader, Communication Team
Email: hjy05@lgdisplay.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
LG Display showcases wide lineup of world-first, leading OLED monitors
