LG Innotek has clinched a silver Edison Award for its ultra-thin optical telephoto zoom camera module for smartphones, marking its second consecutive Edison win, the company said Sunday. The module, which allows for 3x to 5x magnification, brings what the company describes as near-DSLR-quality optical zoom in a single compact unit. First commercialized in 2022, this innovation enhances image quality and spares internal device space for other components. The core of this technology is the Zoom Ac

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, South Korea, April 9, 2024 /PRNewswire/ -- LG Innotek rolled up its sleeves to aim for the ADAS (Advanced Driver Assistance Systems) LiDAR market with its high performance LiDAR pr

LG Energy Solution, in collaboration with the Korea Advanced Institute of Science & Technology, has made a significant breakthrough in lithium metal battery technology that addresses key challenges regarding its lifespan and safety. This new technology was detailed in the science journal Nature Energy and represents a considerable leap forward in lithium metal battery research and development. Lithium metal batteries are noted for their theoretical capacity advantages over lithium-ion batter

Following the high-profile visit of Meta CEO Mark Zuckerberg this week, stocks related to advanced technologies including artificial intelligence, augmented reality and display panels are gaining attention. In a report on Friday, Korea Investment and Securities suggested eight stocks, including Samsung Electronics and LG Electronics, that would benefit from Zuckerberg's visit to Seoul. Traveling to Korea for the first time in about a decade, Zuckerberg met with President Yoon Suk Yeol and b

LG Innotek said Tuesday it has developed a cutting-edge direct-heating camera module designed for autonomous vehicles, which can quickly remove frost and snow from the lens. The latest module is an optimized version of the Advanced Driver Assistance Systems cameras, equipped with a heater to promote safe autonomous driving, especially during extremely cold weather conditions. An increasing number of automakers consider direct-heating cameras essential products for ensuring safe driving, as obstr

Foreign investors have been racking up “underperforming shares” on the Kospi, Korea’s main bourse, backed by increased expectations of the government’s initiative to boost the local stock market. Since the government late last month vowed to come up with new measures to tackle the "Korea discount," offshore investors are increasingly flocking to invest in firms with low price-to-book ratios in anticipation of stock price recoveries. PBR is a metric used to compa

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 technologies and cost competitiveness." SEOUL, South Korea, Jan. 24, 2024 /PRNewswire/ -- LG Innotek joins hands with a global lens manufacturing corporation to spur its penetration into the mar

LG Innotek, the electronic component manufacturing unit of LG Group, will suspend the production of its vehicle motor plant in Pyeongtaek, Gyeonggi Province, later this year to relocate facilities to other sites at home and abroad, according to industry sources Friday. With the planned relocation, the company is expected to streamline operations and improve profitability. The facilities are likely to be transferred to the company’s other motor plants in Gwangju, China, Mexico and Poland. T

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 private booths led to a 50% increase in customer meetings compared to the previous year." SEOUL, South Korea, Jan. 17, 2024 /PRNewswire/ -- On the 15th of January, LG Innotek announced that the

LG Innotek, the electronic component manufacturing unit under LG Group, said Monday that it had attracted more than 60,000 visitors to its exhibition booth during the CES 2024 tech show last week, a threefold increase from a year before. “At this year’s CES, LG Innotek has positioned itself as a leading company in the field of future mobility as well as accelerating the acquisition of potential customers with highly scalable basic technologies,” said Moon Hyuk-soo, CEO of LG In

LG Innotek, an electronic component manufacturing unit under LG Group, said Tuesday it unveiled cutting-edge technologies for autonomous driving cars and 5G telecommunications at the CES 2024 in Las Vegas on Monday. The company carried out a pre-booth tour and introduced three zones in the exhibition booth -- mobility, artificial intelligence and future pathway -- prior to the official unveiling. In the main mobility zone, the company displayed a mock-up of a self-driving car installed with 18 c

Leaders of South Korea’s top conglomerates are set to converge at CES 2024 in Las Vegas next month to immerse themselves in emerging tech trends and expand global business networks. SK Group Chairman Chey Tae-won will be making his second consecutive appearance after last year's CES. “I’m also wondering how far artificial intelligence can be evolved. Drastic changes are expected to be made in the next five years. (That’s why) I’m heading to the CES,” th

LG Innotek said Monday it has developed a wireless battery management system, or BMS, for electric vehicles that significantly improved battery performance. The BMS is an essential EV component that optimizes a battery’s performance and lifespan by monitoring battery voltage, electric current and temperature in real time. The wireless BMS has emerged as a key component for electric vehicles and autonomous vehicles since it does not require cables or connectors. The wireless feature makes E

LG Group said Sunday that it has donated a total of 12 billion won ($9.24 million) to Community Chest of Korea, a local charity organization, as part of its year-end charitable giving. The ceremony was held at the charity’s Seoul office on Friday, with officials including CCK Chairman Kim Byong-joon and LG President and Head of Management Support Division Ha Beom-jong in attendance. "We hope that our neighbors in need can spend a warm year-end with hope and courage," said LG Pres

Exhibition booth of 330m2 provided in the entrance of West Hall Mobility and AI related innovative components exhibited including electric autonomous vehicles From robot to UAM… Future scalability 'emphasized' on the core basic technologies SEOUL, South Korea, Dec. 13, 2023 /PRNewswire/ -- LG Innotek (CEO Moon Hyuk-soo) announced on the 13th that innovative products and technologies related to mobility and AI will be introduced at 'CES (Consumer Electronics Show) 2024'.