Korea:011070

LG Innotek Reasserts Its Leadership in the Future Mobility Market at CES 2025

* Exhibition booth attracts 65,000 cumulative visitors, showcasing innovative mobility components * Innovative technologies presented through a 'User-Centric storytelling' approach elicit strong acclaim, inquiries from visiting customers ensue SEOUL, South Korea, Jan. 13, 2025 /PRNewswire/ --...

2025-01-13 22:00 3079

LG Innotek to Showcase Mobility Innovations at CES 2025

* AD/ADAS Sensing components, including the RGB-IR In-Cabin Camera Module, in the limelight * Unveiling of new products for automotive communication and lighting, from AP modules to Nexlide Vision LAS VEGAS and SEOUL, South Korea, Jan. 7, 2025 /PRNewswire/ -- LG Innotek (CEOMoon Hyuksoo) will...

2025-01-07 10:47 3462

LG Innotek to Foster the Automotive Car Sensing Business into a USD 1.4 Billion Business by 2030, Led by Its RGB-IR In-Cabin camera module

* Higher resolution and wider field of view, enabling driver and passenger monitoring with a single camera * Minimized module size using "wedge bonding" process, increasing space utilization and design flexibility * Fostering of business to reach USD 1.4 billion by 2030, strengthening the l...

2024-12-24 07:00 3723

LG Innotek Goes All In on Mobility at CES 2025!

* Organizing a Exhibition Booth for Future Mobility in the West Hall * Showcasing 41 core components, including vehicle sensing, communication, and lighting technologies, usinga user-centric storytelling technique SEOUL, South Korea, Dec. 13, 2024 /PRNewswire/ -- LG Innotek (CEO Moon Hyuksoo) ...

2024-12-13 21:00 4125

LG Innotek Shines on Global Stage with Automotive Lighting Innovations

* Front lighting module 'Nexlide A+' wins CES 2025 Innovation Award * Industry's first application of surface light source technology to front lighting module, making it 40% slimmer and increasing brightness fivefold * CEO Moon: "We will grow the automotive lighting module business into a ...

2024-11-22 07:00 6065

LG Innotek Unveils the Industry's First Eco friendly and HRE Free Magnet with High efficiency

* Reduced dependence on certain countries for key raw materials, contributing to stabilizing the magnet supply chain * Significant reduction in environmental pollutants, marking a win for ESG-focused global customers * Development of rare earth-free magnets also underway, eliminating the nee...

2024-11-05 21:00 2902

LG Innotek Becomes Industry's First to Use AI to Prevent Input of Defective Raw Materials in Production

* Achieved early detection of cause of defects in raw materials through AI, becoming "first to overcome this challenge in the industry" * Applied to high-value semiconductor substrates, analyzing raw material defects in only one minute * Reduces defect analysis time by up to 90% SEOUL, South...

2024-10-07 20:00 2547

3,500 Automotive Patents in 5 Years: LG Innotek Eyes Market Leadership with Advanced Mobility Technology

* Automotive component patents account for nearly 40 percent of LG Innotek's patent applications, including LiDAR, Automotive camera modules, Lighting systems, and Communication modules. * Registration of 5 EVCC standard essential patents, securing technological advantage in EV communication ...

2024-09-05 20:00 3039

LG Innotek Collaborates with World-leading Partner to Drive its Digital Twin Technology

* Preliminary verification of designs using virtual simulation, reducing development time by 99% * Increasing deployment of 'Digital Twin' technology to FC-BGA and electronic component production processes, maximizing manufacturing competitiveness * "LG Innotek to become a 'meta-manufacturin...

2024-08-22 20:00 2753

LG Innotek Accelerates Its Expansion into the Automotive Communication Component Market with Its Next-generation Digital Key solution

* Killing three birds—localization accuracy, security, and compatibility—with one stone * Aiming for mass production in 2027: "Will solidify standing as a leading company in the automotive communication component market" SEOUL, South Korea, Aug. 2, 2024 /PRNewswire/ -- LG Innotek (CEO Moon, H...

2024-08-02 08:00 4254

LG Innotek Earns Top Global Rating for ESG Management

* Acquisition of "Platinum" rating from EcoVadis, the world's largest ESG ratings organization * Puruing "2030 RE100" and "2040 Carbon Neutrality" goals, with a renewable electricity transition rate of 61% in 2023 * Working to create an equal and fair working environment,- leading to select...

2024-07-24 20:00 3279

LG Innotek achieves renewable electricity transition rate of 61% in just one year since joining RE100

* Reduced approximately 267,000 tons of greenhouse gas last year with the transition to renewable energy * Focusing on securing a stable renewable energy supply chain through REC, PPA, etc * Invested 61.2 million USD in facilities of the environmental sector last year… improved environmenta...

2024-07-18 20:00 3228

LG Innotek aims to grow its Vehicle Sensing Solution business into a 1.4 billion USD operation by 2030

* To newly establish a LiDAR business organization directly under the CEO recently * To strengthen Vehicle Camera Module business capability via equity investment, product enhancement, and factory expansion. * To become a 'Vehicle Sensing Total Solution Provider'…providing differentiated cu...

2024-07-04 07:00 3878

LG Innotek solidifying its position as a leader in camera modules through innovative AI processes

* The initial yield, which determines profitability and customer confidence, is solved with the 'AI process recipe'. * AI that has been trained on tens of millions of data points has reduced the defect rate of key inspection items by up to 90%. * Effective in enhancing cost competitiveness.....

2024-06-10 20:00 3473

LG Innotek recognized as one of South Korea's top brands

* LG Innotek has been named as one of the Best Korea Brands 2024 announced by Interbrand, proving its unrivaled status * "We will continue to make multifaceted efforts to raise the brand value of the global technology innovator." SEOUL, South Korea, May 30, 2024 /PRNewswire/ -- LG Innotek (CE...

2024-05-30 20:00 2267

LG Innotek to Foster Automotive Lighting Module into a Business worth Trillions of Dollars!

* Automotive Lighting Module 'Nexlide' won 146 cumulative orders and its annual average sales grew 47% * "The thickness to be thinner, and the light to be brighter and more even"…Freedom of Design and Power Efficiency 'Boosted' * 'Pixel Lighting' supports V2V & V2P Communication…"aiming to c...

2024-05-16 07:00 3745

LG Innotek awarded at 'Edison Awards,' the most prestigious invention award in the US for the second consecutive year

Achieved high-definition image at the level of DSLR cameras with a smartphone * 'High Magnification Optical Continuous Zoom Camera Module'…World's first mass production in 2022 * Innovative optical camera technology is increasingly being used in a variety of applications, including vehicles a...

2024-04-25 20:00 2494

LG Innotek CEO Moon Hyuksoo aims to be the top in ADAS sensing by using 'High Performance LiDAR'.

* Overcoming limitations of existing LiDAR with Shortwave Infrared Rays...Detection range tripled * Various line-ups tailored to customers...Secured differentiated capacity by acquiring Argo patents * "Aiming to become No.1 in sensing solution for ADAS based on top-tier DNA in optics" SEOUL...

2024-04-09 20:00 2464

LG Innotek accelerating its entry into autonomous driving and XR markets

* Investing in a Taiwanese lens manufacturing corporation to enhance business competitiveness and supply chain. * Entered into a strategic partnership to cooperate in the area of optical components. * CEO Moon Hyuk-soo, "We will provide differentiated customer values with our overwhelming t...

2024-01-24 21:00 2553

"LG Innotek is Advancing the Future of Mobility with 'Sensing, Communication, and Lighting Solutions'

* The LG Innotek booth at CES 2024 welcomed a record-breaking sixty thousand visitors, three times more than the previous year. * A prototype of a future autonomous vehicle, outfitted with 18 key electronic components, was a major attraction. * The simultaneous operation of public and privat...

2024-01-17 21:00 2679
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