LG Innotek Co Ltd - Company Profile

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LG Innotek Co Ltd: Segment Analysis

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 mobile, display, semiconductor, automobile, and IoT in domestic and international markets.

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R&D Overview

R&D arm of the company focuses on developing new products which include smartphone camera modules, substrates and photomasks for display, and semiconductor substrates for communication. It supplies core materials and components in the fields of semiconductor, mobile, display, IoT and automobile. The company operates R&D centers in Seoul and Ansan, South Korea. In FY2022, the company incurred expenses of KRW752,800 million on R&D, which as a percentage of revenue, stood at 4%.

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, WiFi 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 solution that help stable operation of high-tech display products like TVs, monitors, and electronic blackboards. Also offers smart connectivity solution that transmits 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. Products portfolio include 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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