LG Innotek to showcase advanced mobility solutions at CES 2025

LG Innotek announced Tuesday that it would showcase its latest advancements in future mobility components and technologies at CES 2025, the world’s largest annual tech exhibition, running through

Rising to the challenge: CEOs bet on technology, resilience for New Year

new S-curve.” Moon Hyuk-soo, LG Innotek CEO “Let us leverage our accumulated expertise and technological capabilities to establish differentiated performance and manufacturing competitiveness, creating barriers to entry that competitors cannot easily overcome.” Yi Chung, Samsung Display CEO “We must strengthen technology-driven management to overcome the crisis, focus on securing cost and manufacturing competitiveness, transition to high-profit business structures in automotive electronics and servers, and expand new businesses so that we can achieve growth that exceeds market growth rates.” Chang Duck-hyun, Samsung Electro-Mechanics CEO “This year is expected to bring unprecedented challenges. However, from a technological perspective, market growth is driven by AI-based digital innovation, and new opportunities through the convergence of AI and telecommunications are anticipated. The paradigm of the traditional telecommunications industry will be completely transformed through AI, leading to tangible revenue growth.” Ryu Young-sang, SK Telecom CEO “The key to quickly securing our competitiveness lies in building an ecosystem with various partners, such as companies with advanced AI technologies, to establish an exclusive structure that creates insurmountable barriers against competitors.” Hong Bum-shik, LG Uplus CEO “In wireline and media, enterprise and AI data centers, we must continue to discover and invest in differentiated competitiveness and services to expand and strengthen our market leadership.” Park Jin-hyo, SK Broadband CEO

LG unveils high-performance in-cabin camera module

LG Innotek said Tuesday it has developed a high-performance in-cabin camera module equipped with a 5-megapixel RGB-infrared dual sensor for automotive use. The new technology enables real-time

LG Innotek Goes All In on Mobility at CES 2025!

storytelling technique SEOUL, South Korea, Dec. 13, 2024 /PRNewswire/ -- LG Innotek (CEO Moon Hyuksoo) announced on December 13 that it will be participating in the upcoming Consumer Electronics Show 2025 (CES

LG Innotek to unveil future mobility tech at CES

LG Innotek said Monday it will showcase innovative future mobility components and new technologies at the annual CES tech show, which kicks off in Las Vegas on Jan. 7. At the world’s largest tech

Korea's auto industry braces for Trump’s massive tariffs in Mexico

Mobis and LG Innotek – to discuss the impact of Trump’s proposed tariffs. “Mexico is a region where we should consider changes in trade policies of the upcoming US administration as well as the Mexican

LG Innotek invests W376b for Vietnam facility

LG Innotek said Friday it would invest 375.9 billion won ($268.3 million) in a facility in Vietnam to respond to new models in the optical solutions business and enhance its competitiveness. The

S. Korea to enhance cooperation with Mexico to remove biz uncertainties over Trump

policy changes by the Donald Trump administration. Cheong made the remarks during a Seoul meeting with companies operating in Mexico, including Kia Corp., Hyundai Mobis Co., and LG Innotek Co., to assess

LG Innotek Unveils the Industry's First Eco friendly and HRE Free Magnet with High efficiency

global customers Development of rare earth-free magnets also underway, eliminating the need for even light rare earth elements SEOUL, South Korea, Nov. 5, 2024 /PRNewswire/ -- LG Innotek (CEO, Moon

LG Innotek develops industry's first rare earth-free magnet

LG Innotek said Wednesday it has developed a high-performance eco-friendly magnet that eliminates the use of heavy rare earth elements. Heavy rare earth elements have been critical for magnets to