LG Innotek Co Ltd (LG Innotek), a subsidiary of LG display co, designs, manufactures and sells electronic materials, components and devices. The company’s product portfolio includes electronic components, camera modules, 3D sensing modules, radar modules, photomasks, tape substrates, semiconductors, and LEDs and devices. The company's products and solutions find applications in automotive, IoT, mobile devices, home appliances, LED, retail, display, and semiconductor sectors. The company along with its subsidiaries operates across South Korea, Indonesia, China, Vietnam, Mexico, Poland, the US, Japan, Taiwan, and Germany. LG Innotek is headquartered in Seoul, South Korea.
Headquarters
South Korea
Address
E1/E3 Dong, 30, Magokjungang 10-Ro, Gangseo-Gu, Seoul, 07796
Website
www.lginnotek.com
Telephone
82 2 37771114
No of Employees
8,797
Industry
Technology and Communications
Ticker Symbol & Exchange
011070 ()
Revenue (2021)
$13.1B
56.6%
(2021 vs 2020)
EPS
XXX
Net Income (2021)
XXX
276.2%
(2021 vs 2020)
Market Cap*
$6.3B
Net Profit Margin (2021)
XXX
140.5%
(2021 vs 2020)
* As of and is in US$
Products and Services
| Products | Brands |
|---|---|
| Electronic Components | LG Innotek |
| Camera Modules | |
| Devices | |
| XXX | |
| XXX | |
| XXX |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | Contracts/Agreements | In June, the company agreed to acquire the Gumi A3 factory in South Korea from LG Electronics. |
| 2022 | Plans/Strategy | In March, the company announced its plans to acquire Zero Waste to Landfill validation at all its business sites and replace all its business vehicles with zero-emission vehicles. |
| 2021 | Contracts/Agreements | In November, the company entered into a partnership with Valens Semiconductor to supply system-in-package modules for MIPI A-PHY compliant chipsets. |
Competitor Comparison
| Key Parameters | LG Innotek Co Ltd | Murata Manufacturing Co Ltd | ROHM Co Ltd | Daeduck Electronics Co., Ltd. | L&F Co Ltd |
|---|---|---|---|---|---|
| Headquarters | South Korea | Japan | Japan | South Korea | South Korea |
| City | Seoul | Nagaokakyo-Shi | Kyoto-Shi | Ansan | Daegu |
| State/Province | - | Kyoto | Kyoto | - | - |
| No. of Employees | 8,797 | 75,184 | 22,370 | 1,237 | 170 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Operating Margin
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Cheol-Dong Jeong | Chairman; Chief Executive Officer | Executive Board | 2019 | - |
| Chang-Tae Kim | Chief Financial Officer; Director | Executive Board | 2020 | - |
| Joon Chae | Director | Non Executive Board | 2021 | - |
| Yeon-Chae Jung | Director | Non Executive Board | 2021 | - |
| Sang-Chan Park | Director | Non Executive Board | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
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