LG Innotek to build FC-BGA into 700 million USD business by 2030 with its state-of-the-art Dream Factory
SEOUL, South Korea, April 30, 2025 /PRNewswire/ -- LG unveiled the Dream
Factory, a hub for the production of FC-BGAs (Flip Chip Ball Grid Arrays), the
company's next-generation growth engine, to the media for the first time and
announced it on the 30th April.
LG Innotek Enters the Market with Automotive AP Modules, Boosting Its Semiconductor Component Business
* Surging demand for automotive semiconductor components for ADAS and digital cockpits in the era of connected cars * 400 components, including chipsets and memory, squeezed into a single 2.5 inches x 2.5 inches module * "Aiming for mass production in the second half of 2025 and facilitating...
LG Innotek Showcases Innovative Automotive Lighting Technology in Germany, the Home of the Automobile
* Participating in the DVN Lighting Workshop in Munich on February 19 and 20 * Showcasing Nexlide, a new product featuring unique 'Edge' and 'Vision' technologies * Hosting a roadshow for major European clients, gearing up to target European markets SEOUL, South Korea, Feb. 19, 2025 /PRNews...
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/ --...
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...
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...
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) ...
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 ...
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...
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...
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 ...
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...
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...
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...
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...
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...
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.....
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...
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...
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...
