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LG Innotek Co Ltd

LG Innotek Co., Ltd. engages in the manufacture and sale of electronic materials and components for mobile, display, semiconductor, automobile, and Internet of Things (IoT) fields in South Korea and internationally. It offers optics solutions, including camera and 3D sensing modules, and actuators; substrates and materials comprising package and tape substrates, and display masks; automotive components, such as connectivity, autonomous driving, electrification, and lighting solutions; and electronic components, consisting power and smart connectivity solutions. . It has a strategic partnership with TDK Corporation to Develop physical AI solutions, including next-generation vision sensing modules and tactile sensing modules. The company was formerly known as LG Electro-Components Co., Ltd. and changed its name to LG Innotek Co., Ltd. in May 2000 LG Innotek Co., Ltd. was founded in 1970 and is headquartered in Seoul, South Korea.

Price · split & dividend adjusted
News & notes moving 011070.KO
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Vietnam and the Philippines move up to upper-middle-income status on the back of the chip industry

The World Bank reclassified Vietnam and the Philippines from lower-middle-income to upper-middle-income countries on July 1, amid the growth of the semiconductor industry in Southeast Asia. Upper-middle-income countries are defined as those with gross national income per capita between 4,636 and 14,375 dollars in 2025. The Philippines said the upgrade resulted from structural reforms, economic opening, and investment in human capital, while Vietnam benefited from expanding semiconductor and electronics exports driven by global artificial intelligence investment. LG Innotek announced plans to build a semiconductor substrate materials plant in Vietnam with investment of about 1 billion dollars, and the Vietnamese government aims to develop 50,000 semiconductor personnel by 2030. The Philippines joined the US-led Pax Silica initiative to build an AI chip supply chain, with semiconductor and other electronics exports accounting for more than 50 percent of the country's total export value.
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Asian markets slide as chip stocks plunge and oil surges nearly 4%

Most Asia-Pacific markets fell today, with semiconductor stocks swinging wildly and tumbling sharply after US markets closed lower overnight amid concerns over stock valuations, fierce competition, and AI spending. South Korea's SK Hynix dropped more than 10%, even as quarterly profit surged 557% but missed analyst expectations, while Samsung Electronics fell over 4%, and LG Innotek and Seoul Semiconductor sank 9% and more than 6% respectively. Japanese chip names also declined, with Kioxia plunging 10%, Tokyo Electron down 8.5%, and SoftBank Group losing over 7%. China's ChiNext 300 index shed 1.83% and the Hang Seng China Semiconductor Chips Index slumped more than 5%, while Taiwan's TSMC eased 1.32%. Crude oil prices jumped nearly 4% after Middle East attacks shattered a brief calm amid US-Iran tensions, with WTI rising 3.09 dollars to 82.35 dollars a barrel and Brent adding 3.3 dollars to 87.39 dollars a barrel.
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Artificial Intelligence▼impact 4

Asian tech stocks extend losses, chip sector leads decline as SK Hynix plunges over 10% despite record profit

Asian technology stocks faced continued selling pressure in Wednesday trading, with semiconductor shares leading the market lower. Investors remain concerned about elevated valuations, intensifying competition in artificial intelligence, and the drag from a weaker US stock market overnight. In South Korea, SK Hynix, the world's major memory chip maker, tumbled more than 10% even after reporting record quarterly profit and revenue. The figures fell short of analyst expectations, triggering heavy selling. The pressure spread to other domestic tech names, with Samsung Electronics down over 4%, LG Innotek plunging more than 9%, and Seoul Semiconductor losing over 6%. In Japan, Kioxia dropped as much as 10%, Tokyo Electron fell 8.5%, and SoftBank Group declined more than 7%. In Taiwan, TSMC slipped 1.32%. In China, the ChiNext 300 Index lost 1.83% and the Hang Seng China Semiconductor Chips Index sank more than 5%, underscoring the broad regional sell-off. Bucking the trend, Chinese internet stocks listed in Hong Kong moved higher, with Tencent up 3.6% and Meituan gaining 2.7%, while Alibaba, Baidu, and Kuaishou also traded in positive territory.
000660.KO ▼005930.KO ▼011070.KO ▼0700.HK ▲285A.JP ▼046890.KQ ▼+7
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LG Innotek Targets USD 647 Million in Package Solution Operating Profit by 2031

LG Innotek aims to grow its package solution business to generate USD 647 million in operating profit by 2031, senior vice president Jeffrey Cho announced at a Media Tech Day event in Seoul. The package solution business, which includes high-value-added semiconductor substrates such as RF-SiP, FC-CSP, and FC-BGA, recorded sales of approximately USD 1.11 billion in 2025, up about 18% from 2024, while operating profit surged roughly 82% to approximately USD 83 million. The unit contributed nearly 20% of LG Innotek's total operating profit last year despite accounting for only about 10% of total sales. The company holds an estimated 65% share of the global RF-SiP substrate market and expects that to expand to around 80% this year, while also securing orders for FC-CSP substrates for GDDR7 memory and ramping up FC-BGA production for PC chipsets and CPUs at its new Dream Factory in Gumi.
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