LG Innotek Co Ltd - Company Profile
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Business Description
LG Innotek Co Ltd (LG Innotek), a subsidiary of LG Display Co, designs, manufactures and markets electronic materials and components. The company offers critical materials and components including mobile, display, semiconductor, automobile, and IoT in domestic and international markets. The company serves global customers and has a robust network of production and sales sites both domestically and internationally. Its product portfolio includes the development and production of smartphone camera modules, substrates and photomasks for display, and semiconductor substrates for communication.
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R&D Overview
LG Innotek focuses on developing core components in optics, substrates/materials, and electrical components. The company is at the forefront of miniaturization, high-performance, advanced convergence, and complexity of digital products, and is actively involved in securing next-generation and original technologies in the component and material fields. Through strategic alliances with leading companies and research institutes globally, the company is building a global R&D network to maintain technology leadership and explore future technological areas. The R&D process is divided into two phases: advanced development (Overseen by the CTO0 and business divisions. This unit is responsible for securing technology leadership and pioneering future cutting-edge technologies. In FY2024, the company incurred expenses of KRW744695 million on R&D, which as a percentage stood at 3.5%.
Business Segments
Overview
Offers high power, middle power, and low power PLCC series accessories and other components used in automotive machines and E-mobility and lighting solutions. Also manufactures actuators, EHB Motor, ABS / ESC / AEB Motor, EOP (Electric Oil Pump), steering sensor, DC-DC Convertor, BMS (Battery Management System), lighting module (Nexlide), LED driver module (automotive), build-up PCB, smart ICs, electric vehicle communication controller (EVCC), motor for DCT (Dual Clutch Transmission), motors for suspension, motor for stabilizer, parking actuator, motor for electric power steering (EPS), smart camera for VR, motor for battery cooling fan, electric oil pump and UV LED. Automation solutions include Bluetooth/ Wi-Fi Module, Cellular module, V2X module, digital key module, Radar, and Camera Module (automotive). Electronic components category includes display power and smart home security solutions including TV power supply units, Wi-Fi modules, Bluetooth low energy AoP and Dongle, digital tuner, PoE (power over ethernet), door sensor, glass break sensor, water leakage sensor and motion sensor.
Performance
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Overview
Offers products with new features such as high-resolution, 3D sensing module and zoom based on optical design technology and manufacturing process capability. Optical products include camera modules for mobile devices such as wide camera, zoom camera, ultra-wide camera, front camera, imaging camera for IoT, camera module for automotive and sensing camera for IoT; and 3D sensing module-ToF module. Core technology solutions include technology to design high performance 3D optical systems/modules.
Performance
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Overview
Offers power solutions that help stable operation of high-tech display products such as TVs, monitors, and electronic blackboards. Also offers smart connectivity solutions that transmit images, data, messages etc. by connecting TVs, home appliances, sensors, IoT products etc. to a wireless communication network.
Performance
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Overview
Develops and manufactures ultra-thin and highly-integrated substrates for semiconductor packages and displays, and high-density materials used for manufacturing display panels. Product portfolio includes chip scale package (CSP), flip chip chip scale package (FCCSP), antenna in package (AiP), radio frequency-system in package (RF-SiP), chip on film (COF), 2metal chip on film, chip on board (COB), Photomask and OLED Mask.
Performance
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