LG Innotek

LG Innotek Co., Ltd. (Korean: 엘지이노텍 주식회사), an affiliate of LG Group, is an electronic component manufacturer headquartered in Seoul, South Korea. LG Innotek produces core components of mobile devices, automotive displays, semiconductors, and smart products.[1][2] Most of the company's revenue is generated from selling camera modules for the iPhone.[3]

LG Innotek Co. Ltd.
Native name
엘지이노텍 주식회사
TypePublic
KRX: 011070
FoundedFebruary 1970 (1970 -02)
Headquarters
Seoul
,
South Korea
ProductsCamera module, ball grid array
OwnerLG Electronics (40.8%)
Websitewww.lginnotek.com
An LG Innotek motor in Hitachi-LG Data Storage DVD writer

History

LG Innotek was set up as Goldstar Precision in 1970. LG Innotek spun off its defense business, NEXFuture1, and sold it to LIG Group in 2004.[4] LG Innotek merged LG Micron, another LG Group component-producing arm, in July 2009.[5]

See also

References
  1. Lee, Kyung-min (February 15, 2023). "LG Innotek releases film-type chip substrate for metaverse devices". The Korea Times.
  2. "(LEAD) LG Innotek 2022 net up 10.3 pct on demand for auto components". Yonhap. Seoul. January 25, 2023.
  3. Hosokawa, Kotaro (September 25, 2022). "LG Innotek reliance on Apple's custom renders it vulnerable". Nikkei Asia.
  4. Leung, Danny (August 30, 2015). "LIG Nex1 triggers IPO as Korea tensions ease". FinanceAsia.
  5. "LG Innotek Targeting $3.5 Billion in Revenue". The Korea Times. January 24, 2010.
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