Korea:011070

LG Innotek Releases 2022 3rd Quarter Earnings Report

* Sales of KRW 5,387.4 billion and operating profit of KRW 444.8 billion in the 3rd quarter - Sales increased by 41.9% and operating profit increased by 32.5% from the same period of the last year. * High-performance camera modules and semiconductor substrates led the sales of Smartphone comp...

2022-10-27 21:00 2781

LG Innotek Achieves 100% Recycling of Industrial Waste

* Pyeongtaek plant acquired 'Platinum' Level on 'Zero Waste to Landfill (ZWTL)' * 100% Resource Circulation Rate, 343 tons of Wastes Annually * "Global Level of ESG Leadership Secured…Contributing to Innovation of Customer Experience" SEOUL, South Korea, Oct. 18, 2022 /PRNewswire/ -- LG ...

2022-10-18 21:00 2565

Recognized by the global top vehicle manufacturer, LG Innotek's quality is the best

* Awarded the GM 'Supplier Quality Excellence Award' of the U.S. for 5 consecutive years. * The company proved the globally competitive quality of its automotive components. * Innovate customer experience by next-generation automotive components with perfect quality. SEOUL, South Korea, Sep...

2022-09-20 21:00 4026

LG Innotek to Enhance Its Website to Improve Customer Experience

* Improved two-way communication through the new Virtual Showroom with a virtual tour guide * Detailed introduction on the future technology trends and LG Innotek's innovation technology * Emphasis on ESG-centered management and activities SEOUL, South Korea, Sept. 6, 2022 /PRNewswire/ -- ...

2022-09-06 21:00 2965

LG Innotek's Quality Control Gets Recognition from a Global Premium Vehicle Maker

* LG Innotek has maintained Jaguar Land Rover Quality Certification for two years in a row. * The company boasts quality competitiveness recognized by global car manufacturers. * The company will make efforts to innovate customer experience through its next-generation automotive components....

2022-08-17 21:00 3781

LG Innotek Releases 2022 2nd Quarter Earnings Report

* Sales of 3,702.6 billion won and operating profit of 289.9 billion won in the second quarter * Sales increased by 57.2% and operating profit increased by 90.8% from the same period of the last year * High-performance camera modules and semiconductor substrates led the sales of smartphone ...

2022-07-28 16:36 2431

LG Innotek Raises Passenger Safety with an In-cabin Radar Module

* Installing an in-cabin radar module will become mandatory in the USA and Europe. * LG Innotek's radar module secures the world's highest level of precision.     - Allowing to prevent children from being left alone in the car and to optimize airbag settings to protect passenger's life * "...

2022-07-04 10:10 4536

LG Innotek Plans to Be Carbon Neutral by 2040

* LG Innotek will shift to 100% renewable energy by 2030. * LG Innotek will acquire Zero Waste to Landfill validation at all its business sites and replace all its business vehicles with zero-emission vehicles. * "LG Innotek will raise customer value by practicing balanced ESG management." ...

2022-03-23 21:00 2705

LG Innotek developed the world's strongest 'ECO Magnet'

* The magnet minimizes the risk of vehicle production interruption by a shortage of heavy ra re-earth metals. It also lightens a vehicle's weight by reducing the size and increasing the output of motors. * The product can improve the driving power of smartphone cameras by 10% and secure high-...

2021-09-15 09:00 5762

LG Innotek Won GM Supplier Quality Excellence Award for Four Consecutive Years

* LG Innotek proved the globally competitive quality of its automotive components. * LG Innotek will accelerate its efforts in targeting the next-generation automotive component market. SEOUL, South Korea, July 7, 2021 /PRNewswire/ -- LG Innotek announced on the 6th that it won the 2020 GM ...

2021-07-07 09:00 5480

LG Innotek's Quality Control Gets Recognition from a Global Premium Vehicle Maker

* LG Innotek's quality system has been certified by Jaguar Land Rover. * LG Innotek boasts quality competitiveness recognized by global companies. * LG Innotek will accelerate its effort to make inroads into the next-generation automotive component market. SEOUL, South Korea, May 26, 2021 /P...

2021-05-26 21:00 2319

LG Innotek Develops Automotive Lighting Module 'Nexlide-E'

* Brightness improved by 63%. Applicable to the front/rear of an automobile. * 0.2mm thick optical film is used to produce a customized lighting module. * Target the global market with "the automotive light source solution service." SEOUL, South Korea, April 21, 2021 /PRNewswire/ -- LG Innote...

2021-04-21 09:00 8126

LG Innotek Joins Hands with Microsoft to Proliferate Cloud-Connected 3D Sensing Camera

* LG Innotek develops 3D sensing modules based on Microsoft ToF technology * LG Innotek and Microsoft collaborate to commercialize cloud connected 3D camera. * The collaboration will provide easy access to create 3D vision applications for multiple industries. SEOUL, South Korea, March 9, 20...

2021-03-09 08:00 3844

LG Innotek Joins Hands with Microsoft to Proliferate Cloud-Connected 3D Sensing Camera

* LG Innotek develops 3D sensing modules based on Microsoft ToF technology * LG Innotek and Microsoft collaborate to commercialize cloud connected 3D camera. * The collaboration will provide easy access to create 3D vision applications for multiple industries. SEOUL, South Korea, March 8, 20...

2021-03-08 17:00 2360

LG Innotek Develops the World's First Automotive Wi-Fi 6E Module

* Automotive-qualified near-field, wireless communication components based on Wi-Fi 6E * Improved communication performance, durability, and applicability * "LG Innotek will accelerate the evolution of in-vehicle infotainment" SEOUL, South Korea, March 3, 2021 /PRNewswire/ -- LG Innotek (CEO...

2021-03-03 17:00 2727

LG Innotek Develops the World's First Automotive Wi-Fi 6E Module

* Automotive-qualified near-field, wireless communication components based on Wi-Fi 6E * Improved communication performance, durability, and applicability * "LG Innotek will accelerate the evolution of in-vehicle infotainment" SEOUL, South Korea, March 3, 2021 /PRNewswire/ -- LG Innotek (CEO...

2021-03-03 10:00 4771

"A Smartphone Will Become a Car Key", LG Innotek Develops a "Digital Car Key Module"

* Ultra-wideband technology applied * Industry's top-level location detection precision with improved security * "Accelerating inroads into the digital key module market" SEOUL, South Korea ,Jan. 26, 2021 /PRNewswire/ -- LG Innotek (CEO Cheol-dong Jeong) revealed on the 25th that it had succe...

2021-01-26 08:00 3934

LG Innotek's high-efficiency ferrite, Advancing the Era of Ultra-Slim OLED TVs Under 2cm Thick

* Ultra-slim TV and lightweight vehicles with improved energy efficiency * Reduced development period to 1/4 of projected time, achieving world-class performance * Internalization of core materials to provide differentiated customer value SEOUL, South Korea, Oct. 18, 2020 /PRNewswire/ -- LG ...

2020-10-19 06:00 4080

LG Innotek Develops High-Efficiency Magnetic Material, Advancing the Era of Ultra-Slim OLED TVs Under 2cm Thick

* Ultra-slim TV and lightweight vehicles with improved energy efficiency * Reduced development period to 1/4 of projected time, achieving world-class performance * Internalization of core materials to provide differentiated customer value SEOUL, South Korea, Oct. 19, 2020 /PRNewswire/ -- LG ...

2020-10-19 06:00 5543

LG Innotek Has Published Sustainability Report

* Unveiling of activities and achievements to enhance the value for key stakeholders. * Increased R&D investments as well as the reduction of energy costs and greenhouse gas emissions. * "We will become a beloved company by practicing social responsibility." – CEO,Cheol-Dong Jeong SEOUL,Sou...

2020-08-05 11:07 3182
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