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LG Innotek
South Korean electronics manufacturer From Wikipedia, the free encyclopedia
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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]
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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]
In Oct 2024. LG Innotek, said it has developed a high-performing magnet that requires zero heavy rare-earth metals in collaboration with the Korea Institute of Materials Science.[6]
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