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 components Sales in all product groups of electric components such as the communication module and power for electric vehicles increased SEOUL, South Korea, Oct. 27, 2022 /PRNewswire/ -- LG Innotek (CEO

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 Innotek (CEO Jeong Cheol-dong) announced on the 18th that the Pyeongtaek plant acquired 'Platinum' level on the global resource circulation certification of 'Zero Waste to Landfill (ZWTL)'

LG Innotek said Wednesday that it is showcasing its latest substrate products at an international trade show kicking off this week. The electronics component manufacturer will be participating in the Korea International Electronic Circuits and Packaging Show 2022 held in Songdo, Incheon, from Wednesday to Friday. One of the key products to be unveiled is its new FC-BGA -- flip-chip ball grid array -- substrate, the mass production of which is to start next year. A FC-BGA board is used to connect

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, Sept. 20, 2022 /PRNewswire/ -- On September 20, LG Innotek (CEO, Cheol-Dong Jeong) has been recognized for the quality of its vehicle components as the company has won the best supplier award from U.S.-base

LG Innotek was acknowledged for its quality of automotive components provided to General Motors for five consecutive years, the company said Wednesday. The South Korean major electronics parts maker won the 2021 GM Supplier Quality Excellence Award, marking its fifth consecutive win since 2017. The award is given by GM every year to its partners whose supplies meet GM’s standard of zero quality defects. The auto parts go through strict quality control, as they are directly connected to t

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/ -- "When I first visited the website, a virtual tour guide was able to walk me through the various products. The virtual tour guide was able to illustrate to me the latest high-tech trends and ho

Electronic components manufacturer LG Innotek said Thursday it has restructured its website to improve consumer experience and to maximize customer satisfaction. Visitors to the website can experience diverse contents ranging from technology, products, and recruitment information. Customers can subscribe to the company newsletter and may leave any questions they have about the company and its products. The most notable addition, according to the company, is the website’s new virtual show

SEOUL, South Korea, Aug. 31, 2022 /PRNewswire/ -- Today, Great Place to Work® announced its 2022 Best Workplaces in Asia. The list is based on over 1 million survey responses across Asia and the Middle East, representing the experience of more than 4.7 million employees in the region. This recognition is based on confidential survey data assessing employee experiences of trust, innovation, company values and leadership. Companies are also evaluated on how well they are cre

LG Group said Wednesday it is launching a new artificial intelligence ethics group later this year with an aim to build more responsible AI systems and their deployment across all LG companies. Ahead of its official launch, LG AI Research, the group's AI research hub, recently set up a task force to be charged with educating LG employees to better understand AI ethics and evaluating ethical risks related to privacy, bias and fairness before product development. The upcoming ethics group

Electronic component manufacturer LG Innotek said Tuesday that its key material for thermoelectric generators, which allow vessels to reuse waste heat and cut carbon emissions, has won a green technology certificate by the government. Powered by the nano-polycrystalline semiconductor material developed by LG Innotek, the thermoelectric system uses the heat flux due to temperature differences within the semiconductor to generate electrical energy, according to the company. Its nano-polycristal

The electronic parts supplier LG Innotek was awarded with the Jaguar Land Rover Quality Certificate for two consecutive years, the company said Thursday. The certificate, awarded by UK car manufacturer Jaguar Land Rover, evaluates partner companies for their quality of components and compliance with delivery dates. LG Innotek has supplied DC-DC converters, components that convert high-voltage direct currents from the battery into low-voltage direct currents, to Jaguar Land Rover since 2017.

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 components SEOUL, South Korea, July 28, 2022 /PRNewswire/ -- Despite challenging market conditions and the second quarter being an off-season, LG Innotek showed a substantial growth from the same pe

LG Innotek said Wednesday that it is investing a total of 1.4 trillion won ($1.07 billion) into its local production facilities by 2023 to beef up the production of circuit substrates and camera modules – its key growth drivers. The company signed a memorandum of understanding for the new investment with the local governments of North Gyeongsang Province and its capital city, Gumi, earlier in the day. The new funding will be used to expand its production facilities in the city, includin

LG Innotek said on Tuesday its membership in RE100 has been approved. RE100 is an international campaign launched by nonprofit organization the Climate Group in partnership with Carbon Disclosure Project in 2014. The campaign aims for member businesses that consume more than 100 gigawatt-hours a year to switch to 100 percent renewable electricity sources like wind and solar power by 2050. Some 370 global companies including Google, Apple and Microsoft are members of RE100. LG Innotek plans t

LG Innotek said on Tuesday it has developed an in-cabin radar module for cars that detects living things and movements with electromagnetic waves. Used to avoid leaving small children in cars or to prevent theft, in-cabin radar modules are made by combining radar chips, antennas and communication chips on substrates, and are usually installed in the ceiling above the rear seats or around the rearview mirror. The global demand for interior sensing devices, including radar modules, has been risi