The electronic parts supplier LG Innotek was awarded with the Jaguar Land Rover Quality Certificate for two consecutive years, the company said Thursday. The certificate, awarded by UK car manufacturer Jaguar Land Rover, evaluates partner companies for their quality of components and compliance with delivery dates. LG Innotek has supplied DC-DC converters, components that convert high-voltage d...

... /PRNewswire/ -- Despite challenging market conditions and the second quarter being an off-season, LG Innotek showed a substantial growth from the same period of the last year. LG Innotek (CEO Cheol...d, the business showed a sales g rowth for five consecutive quarters. About LG Innotek Co.,Ltd. LG Innotek is a cutting-edge materials and components manufacturer and an affiliate of the LG group. ...

LG Innotek said Wednesday that it is investing a total of 1.4 trillion won ($1.07 billion) into its local production facilities by 2023 to beef up the production of circuit substrates and camera modu...ite equivalent to the size of 52 soccer fields. “The latest investment will be an opportunity for LG Innotek, the local economy and suppliers to seek shared growth,” said LG Innotek CEO Jeong Cheol-d...

LG Innotek said on Tuesday its membership in RE100 has been approved. RE100 is an international campaign launched by nonprofit organization the Climate Group in partnership with Carbon Disclosure Project in 2014. The campaign aims for member businesses that consume more than 100 gigawatt-hours a year to switch to 100 percent renewable electricity sources like wind and solar power by 2050. Some...

LG Innotek said on Tuesday it has developed an in-cabin radar module for cars that detects living things and movements with electromagnetic waves. Used to avoid leaving small children in cars or to prevent theft, in-cabin radar modules are made by combining radar chips, antennas and communication chips on substrates, and are usually installed in the ceiling above the rear seats or around the rea...

LG Innotek said it has agreed to support some 200 partner firms’ efforts to improve their environmental, social and corporate governance. The electronic component maker signed a deal with the Korea ...tting up an ESG management system due to a lack of budget and manpower,” said Lee Yong-ki, head of LG Innotek’s procurement division. LG Innotek has also more than tripled its support for partner com...

...uTube channel. The concept of AI Humans is still relatively new, but the global adoption is happening rapidly. Within Korea, companies such as Hana Insurance, Hyundai Motor (Global Education Team), LG Innotek, Gyeongbuk Maeil, Kwangju University, and Korea Crowdfunding Association, as well as American company AssetWorks, Australian serving robot company J&S Robotics, Vietnamese investment company Vina...

...e of battery, K-pop and virtual currency firms, a corporate tracker said Wednesday. Battery maker LG Energy Solution jumped from No. 343 in 2020 to No. 44 last year on the annual list released by CEO...cylinder-type batteries surged on growing global demand for electric cars. Camera module supplier LG Innotek went from No. 68 to No. 48 in the same period, according to the list based on companies’ r...

LG Innotek Co. said Thursday its chief of display solution business has won a presidential commendation for contributing toward increasing domestic production of key components and enhancing the global competitiveness of South Korea’s materials and components industry. Koo Han-mo, senior managing director at LG Innotek, was one of the awardees who received the honor on the 49th Commerce and Indu...

LG Innotek will shift to 100% renewable energy by 2030. LG Innotek will acquire Zero Waste to Landfill validation at all its business sites and replace all its business vehicles with zero-emission v...management in all areas including environment, social and governance." About LG Innotek Co.,Ltd. LG Innotek is a cutting-edge materials and components manufacturer and an affiliate of the LG group. ...

LG Innotek announced on Wednesday a set of plans to achieve carbon neutrality by 2040. The IT components maker said it will fulfill all of its electricity needs from renewable energy sources by 2030, and reach a state of net-zero carbon dioxide emissions in 2040. Electricity accounts for more than 90 percent of LG Innotek’s greenhouse gas emissions. To meet its target, the company said it will...

LG Innotek Co. signed an agreement with some 100 partner firms on financial, technological, management and educational cooperation on Thursday in its annual event for shared growth which it has held since 2010. This year, the IT components maker said it will start providing partner firms with expert consultations on environmental, social and corporate governance, and increase financial support f...

LG innotek will pay a combined 144.5 billion won ($120.5 million) of payments to its suppliers weeks earlier than scheduled to support small- and mid-size businesses reeling from the pandemic, the co...der to improve customer experience that our company can exclusively offer.” said Jeong Cheol-dong, LG innotek CEO. LG innotek received the highest rating from Corporate Partnership’s Mutual Growth In...

LG Electronics has topped 70 trillion won ($58.2 billion) in full-year sales for the first time in its history in an earnings surprise, in the same year that the company took down its mobile phone bu...ome appliances, air purifiers, home entertainment devices as well as mobile phone components under LG subsidiary LG Innotek appear to have contributed to the record earnings. Until September, LG‘s sa...

...the mold by distancing ourselves from our past identity as a fast follower, and instead to have a leader mindset as a pathfinder,” he said. Meanwhile, top executives of LG‘s component making arms -- LG Display CEO Jeong Ho-young and LG Innotek CEO Jeong Cheol-dong -- called on their staff to focus on innovations in user experience, in line with the message in December by LG Chairman Koo Kwang-mo.