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								Magneti Marelli and Samsung Mobile Display have signed a Cooperation Agreement 
for the development of new generations of display-based products, targeting the 
automotive market of Instrument Clusters, Infotainment and Car Navigation. 
					
					Magneti Marelli and Samsung will carry-out joint design and 
					development activities, sharing their respective know-how 
					and technological leadership: Magneti Marelli will provide 
					its experience and expertise in the automotive field, 
					specifically in the Instrument Clusters and built-in 
					Car-Navigation systems sector (about 5,000,000 instrument 
					cluster produced per year, from luxury to small cars), while 
					Samsung Mobile Display will make available its know-how 
					related to a broad and innovative range of technologies 
					developed for display solutions, ranging from TFT  (Thin 
					Film Transistor display technology) to Active Matrix OLED. 
					
					Within the cooperation, special focus will be given to joint 
					activity for validation of promising technologies for the 
					automotive market, like OLED, bendable and free-shape 
					display, capacitive touch panel and best-in-class TFT 
					applications. The first tangible results of the cooperation 
					are two joint projects aimed respectively at the development 
					of a new 9 inch TFT instrument cluster and to a new 12 
					inches reconfigurable display. The activities related to 
					these projects are already underway. 
					
					With this Agreement, Magneti Marelli confirms its leadership 
					position in the field of instrumentation for Automotive-use, 
					adding to its portfolio the next generations of 
					reconfigurable Instrument Clusters, based on large TFT. 
					Samsung Mobile Display has been leading small and medium 
					sized TFT-LCD market based on the world's largest capacity, 
					mainly for handheld applications like mobile phones, 
					Personal  Navigation Devices (PND), mp3 readers. 
					
					By setting up the world’s 
					first Active Matrix OLED mass-production line in October 
					2007, Samsung Mobile Display's paved the way for being the 
					first company, currently accounting for 97 percent of the global 
					market. 
					
					”In our vision, Human-Machine Interface will be more and 
					more a key competitive factor inside the car and displays 
					represent a key component: we are committed to creating 
					value for our Customers by making available to the 
					automotive sector the newest technologies which are 
					currently successful in the Consumer Market” stated Eugenio 
					Razelli, CEO of Magneti Marelli. “At Magneti Marelli, we put 
					significant effort into imagining a new concept of in-car 
					instrumentation, in term of embedded functions and interface 
					with the system.” 
					
					“Samsung Mobile Display is pleased to cooperate with Magneti 
					Marelli for the new automotive products, and we plan to 
					continue developing our strategic partnerships with high 
					performed displays,” said Jin Hyuk Yun, Executive Vice 
					President of Samsung Mobile Display. 
					
					Samsung Mobile 
					Display was established in January 2009 as a 
					joint venture between Samsung Electronics and Samsung SDI. 
					Bringing together Samsung’s 
					cutting-edge technological capabilities in LCD and OLED, 
					
					Samsung Mobile 
					Display 
					is committed to providing a comprehensive range of display 
					solutions including OLED, TFT-LCD and TSP in one convenient 
					channel. As a total solution provider, 
					
					Samsung Mobile 
					Display is striving to 
					light up the future with next-generation technologies such 
					as foldable, flapping and transparent displays. 
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