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NEWS TAGGED LG INNOTEK
Wednesday 20 November 2024
LG Group to invest KRW1.8 trillion over five years, aiming for net zero carbon emissions by 2050
LG Group (LG) has set a target to achieve net zero carbon emissions by 2050, making it the only South Korean conglomerate to publicly announce specific carbon neutrality goals and...
Monday 4 November 2024
LG Innotek and Semco underperform for 3Q24; both pin their hopes on AI
The two major South Korean component suppliers, Samsung Electro-Mechanics (Semco) and LG Innotek, have released their financial reports for the third quarter of 2024, with performance...
Monday 16 September 2024
iPhone 16 reduces investment pressure on LG Innotek with folded zoom
LG Innotek's equipment investments have significantly decreased in 2024, following two years of substantial investments to meet Apple's needs. The company has now achieved sufficient...
Tuesday 6 August 2024
Samsung Electro-Mechanics and LG Innotek post strong 2Q24 results eyeing further growth
South Korea's leading component suppliers, Samsung Electro-Mechanics (Semco) and LG Innotek, have defied the traditional second-quarter slump with impressive results, driven by recovering...
Tuesday 30 July 2024
LG Innotek showcases AR glasses with Waveguide technology, targets metaverse
LG Innotek recently showcased a prototype of AR glasses equipped with waveguide technology, garnering significant attention.
Tuesday 30 July 2024
LG Innotek to enter GCS market, following Samsung and SK
Glass Core Substrate (GCS) is becoming a trend that major players in the semiconductor supply chain are avidly pursuing. LG Innotek is reportedly contacting material, components,...
Monday 29 July 2024
LG Innotek posts record results for2Q24, driven by iPhone 15 boom
LG Innotek delivered a stellar performance in the second quarter of 2024, with revenue hitting a quarterly record and operating profit soaring by 726.2% year-on-year. Analysts credit...
Thursday 13 June 2024
iPhone 16 series set to introduce Apple Intelligence; LG Innotek expected to reap benefits
With Apple set to introduce Apple Intelligence in its iPhone 16 series, the South Korean industry and securities sector are hopeful that LG Innotek, Apple's camera module supplier,...
Wednesday 12 June 2024
LG Innotek adopts 'AI process formula' for camera modules; reduces defect rate by 90%
LG Innotek has successfully utilized AI technology to reduce the defect rate of high-spec camera modules. In the future, it will rely on this approach to stabilize the initial yield...
Monday 3 June 2024
LG Innotek aims to start solid-state LiDAR volume production in 2H24
LG Innotek and Hyundai Mobis have jointly applied for patents for LiDARs used in self-driving cars as LG Group and Hyundai Motor Group expand their collaboration on automotive electronics...
Thursday 9 May 2024
Asia Optical to pursue growth on 3 fronts, says chairman Lai Yi-Jen
Asia Optical, one of Taiwan's leading optical device suppliers, has achieved several breakthroughs in recent months, as stated by chairman Lai Yi-Jen during the company's earnings...
Monday 6 May 2024
Semco and LG Innotek outperform expectations in 1Q24 due to AI-driven growth in high-end components
Amidst the global economic downturn and the continuous slowdown in end-product IT demand, Samsung Electro-Mechanics (Semco) and LG Innotek, which previously experienced severe performance...
Wednesday 17 April 2024
LG affiliates engage with Hyundai, aiming further automotive collaboration
LG Innotek and the automotive electronics division of LG Electronics recently visited Hyundai Motor Group's R&D hub. The industry has been wondering whether the two sides will...
Thursday 21 March 2024
Semco likely to mass-produce new auto camera modules ahead of LG Innotek
Samsung Electro-Mechanics (Semco) is expected to begin volume production of its new-generation automotive camera modules in 2024.
Wednesday 6 March 2024
XR market becomes growth focus for South Korean manufacturers as ABF substrate business struggles
Although the semiconductor industry has experienced rapid growth in certain sectors such as high-bandwidth memory (HBM), the recovery remains slow. Particularly, companies that viewed...