Plug and Play, the World's Largest Global Innovation Platform, Partners with LG Display

Rhea-AI Summary

Plug and Play has formed a new partnership with LG Display, aimed at providing sustainable innovation solutions within the Internet of Things sector. This collaboration seeks to identify advanced startups that can significantly optimize and disrupt the industry. Saeed Amidi, CEO of Plug and Play, emphasized the importance of this alliance, which is expected to generate valuable insights and expedite the development of emerging technologies. This partnership will also pave the way for strategic initiatives in Silicon Valley and Seoul, creating growth opportunities for both organizations.

Positive

• Partnership with LG Display to enhance innovation in the Internet of Things sector.
• Focus on identifying advanced startups to optimize industry functions.
• Expected strategic initiatives in Silicon Valley and Seoul to foster growth.

Negative

• None.

SILICON VALLEY, Calif., Dec. 14, 2022 /PRNewswire/ -- Plug and Play, the largest global innovation platform for startups and corporations, has officially partnered with LG Display. Through this partnership, Plug and Play will work to keep providing sustainable solutions for the industry to create an impact on global communities.

This partnership will bring innovative use cases to Plug and Play's Internet of Things vertical. Plug and Play will work with LG Display, the world's leading display manufacturer, to identify the most advanced startups with great potential to optimize and disrupt the industry across the value chain.

"We are very proud to work with one of the most important industrial groups in the world, joining forces with LG Display in Silicon Valley. Our partnership will bring valuable insights to our ecosystem thanks to LG Display's leadership in several industrial fields," said Saeed Amidi, Founder and CEO of Plug and Play. "Our goal is to help them find the best and brightest startups from around the world so they can expedite the testing and development of emerging technologies."

This partnership will also serve as a keystone for future strategic initiatives in both Silicon Valley and Seoul that will create value and growth opportunities. For more information, visit: pnptc.com

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, 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.

LG Display Media Contact:
TaeHyun Tommy Jang, Assistant Manager, Global PR Team
Email: tommy.jang@lgdisplay.com 

About Plug and Play:

Plug and Play is the leading innovation platform, connecting startups, corporations, venture capital firms, universities, and government agencies. Headquartered in Silicon Valley, we're present in 50+ locations across five continents. We offer corporate innovation programs and help our corporate partners in every stage of their innovation journey, from education to execution. We also organize startup acceleration programs and have built an in-house VC to drive innovation across multiple industries where we've invested in hundreds of successful companies including Dropbox, Guardant Health, Honey, Lending Club, N26, PayPal, and Rappi. For more information, visit https://www.plugandplaytechcenter.com/ 

Plug and Play Contact:
Jackie Hernandez, SVP Global Partnerships
Email: jackie@pnptc.com 

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SOURCE Plug and Play

FAQ

What is the purpose of the partnership between Plug and Play and LG Display?

The partnership aims to provide sustainable innovation solutions within the Internet of Things sector by identifying advanced startups.

When was the partnership between Plug and Play and LG Display announced?

The partnership was announced on December 14, 2022.

What are the expected outcomes of the LG Display and Plug and Play collaboration?

The collaboration aims to foster growth opportunities and expedite the development of emerging technologies.

What sector will this partnership focus on?

The partnership will focus on the Internet of Things sector.

Who is the CEO of Plug and Play?

Saeed Amidi is the CEO of Plug and Play.