Latest news with #MoonHyuk-soo
Korea Herald
25-06-2025
- Business
- Korea Herald
LG Innotek debuts copper post tech to shrink smartphone substrates
LG Innotek said Wednesday it has developed and applied the world's first copper post (Cu-Post) technology for high-value semiconductor substrates used in mobile devices, marking a new step forward in the pursuit of slimmer, high-performance smartphones. As global smartphone manufacturers increasingly compete to enhance performance while minimizing device thickness, the demand for advanced yet compact semiconductor substrate technologies is rising sharply. Anticipating the trend, the electronics parts maker began developing its next-generation Cu-Post technology in 2021. Unlike conventional methods, where solder balls connect chip substrates directly to the mainboard, the Cu-Post method leverages copper pillars to reduce the pitch and size of solder balls. This innovation enables a reduction in substrate size and allows for denser circuit layouts, thereby improving integration without compromising performance. This is key to achieving both thinner form factors and higher processing power in smartphones. LG Innotek said the application of Cu-Post can shrink the size of semiconductor substrates by up to 20 percent while maintaining the same level of performance. It makes the technology especially suitable for high-spec functions such as artificial intelligence computation, which requires rapid and complex signal processing. The thermal performance of devices also sees notable improvement. Copper has a thermal conductivity of more than seven times that of traditional solder, enabling faster heat dissipation from semiconductor packages. With the successful implementation of Cu-Post, the company aims to further solidify its leadership in the global radio frequency-system in package substrate market, where it already holds the top position. The company has also laid out an ambitious plan to grow its semiconductor component business — centered around premium substrates and automotive application processor modules — into a 3 trillion won ($2.2 billion) annual revenue segment by 2030. 'The technology is the result of our commitment to supporting the success of our customers,' said CEO Moon Hyuk-soo. 'Through breakthrough innovation, we aim to reshape the paradigm of the substrate industry and continuously deliver differentiated customer value.'
Korea Herald
17-06-2025
- Automotive
- Korea Herald
LG Innotek named among Best Korea Brands 2025 by Interbrand
South Korean electronics parts maker LG Innotek announced Tuesday that it has been selected as one of the top 50 Best Korea Brands 2025 by Interbrand, marking its second consecutive year on the list. Interbrand, a global brand consultancy, assesses candidates based on financial performance, market influence and growth potential. LG Innotek's brand value was estimated at 407.5 billion won ($299 million) in this year's evaluation. The company posted 21.2 trillion won in revenue in 2024, driven by strong performance across its core businesses ㅡ optical solutions, substrate materials and automotive components. Leveraging its leadership in optical solutions, LG Innotek is expanding into parts for autonomous driving/advanced driver assistance systems and semiconductors, strengthening its portfolio. It is also accelerating innovations in optical design, precision manufacturing and control technologies, applying them to humanoid robotics and other future growth areas. Earlier this year, the company unveiled a new vision and brand identity, aiming to go beyond being a top-tier supplier to become an indispensable technology partner that supports customers' success. 'We will continue to deliver differentiated products that realize our clients' visions and develop our brand value as a trusted partner,' said LG Innotek CEO Moon Hyuk-soo.
Korea Herald
12-05-2025
- Automotive
- Korea Herald
LG Innotek, Boston Dynamics team up to sharpen Atlas robot's vision
Korea's electronics parts maker LG Innotek announced Monday that it has partnered with Boston Dynamics, a US-based robotics subsidiary of Hyundai Motor Group, to develop a vision system for a future edition of the Atlas humanoid robot. Under the partnership, LG Innotek will design and supply hardware modules for the robot's vision sensing system, drawing on its expertise in advanced sensors for smartphones, home appliances and mobility devices. Boston Dynamics will be responsible for developing the software to process visual data captured by the module. The vision module will integrate various components, including RGB cameras and 3D sensing units that enable the robot to perceive its surroundings in three dimensions, along with optical technologies originally developed for autonomous driving solutions, LG Innotek said. The company expects that the system will deliver reliable performance even in challenging conditions such as darkness or adverse weather. 'Through this collaboration with Boston Dynamics, a global leader in robotics, LG Innotek has secured a competitive edge in the robot components market,' said LG Innotek CEO Moon Hyuk-soo. 'We will continue to develop core components that shape the future of robotics and deliver differentiated value to our customers.' According to Hyundai Motor Group, the company plans to deploy the current edition of the humanoid in the production facilities of Hyundai Motor and Kia as early as the end of 2025, where it is expected to carry out simple and repetitive tasks on behalf of human workers.
Korea Herald
25-03-2025
- Business
- Korea Herald
LG Innotek to invest W600b in Gumi plant
LG Innotek said Tuesday that it has signed a 600 billion won ($408 million) investment agreement with North Gyeongsang Province and Gumi City. The electronics parts maker plans to utilize the investment to expand the mass production lines for flip chip ball grid array and introduce new facilities for the production of high-value camera modules. The investment period will span from next month to December next year. Prior to the latest deal, LG Innotek signed an investment agreement with Gumi City in 2022 and made a large-scale investment of 1.4 trillion won in its Gumi operations. The last investment enabled LG Innotek to acquire Gumi Plant 4, covering a total floor area of 230,000 square meters. The facility has since been transformed into a key production base for its new FC-BGA business, known as the 'Dream Factory.' Additionally, the company expanded its production lines for mobile camera modules. Through the additional investment, LG Innotek aims to accelerate the enhancement of its competitiveness in the substrate and optical solution businesses. It has incorporated cutting-edge IT technologies such as artificial intelligence, robotics and digital twins into the Dream Factory, which officially began mass production of PC-use FC-BGA for global Big Tech clients in December. Starting this year, LG Innotek will focus on securing additional FC-BGA customers while advancing next-generation substrate technologies, including glass key integration, to grow its FC-BGA business into a multi-trillion-won industry. To solidify its position as the global leader in camera modules and enhance cost competitiveness in its optical solutions business, LG Innotek plans to operate a dual production system: legacy model products will be manufactured at its Vietnam plant, while high-value camera modules for new models will be produced at the Gumi plant. "Gumi is a strategically vital hub for LG Innotek's key businesses," said CEO Moon Hyuk-soo. "We will continue investing to create maximum customer value while fostering mutual growth with local communities and partner companies."
Korea Herald
24-03-2025
- Automotive
- Korea Herald
LG Innotek gears up for imminent robot parts production
LG Innotek CEO Moon Hyuk-soo said Monday that the company is preparing for mass production of components for humanoid robots set to launch next year. He also hinted at an imminent partnership announcement with a major industry player. Speaking to a group of local reporters following LG Innotek's 49th annual general meeting in Seoul, Moon said, 'We are in discussions with a significant number of companies regarding camera solutions and we are also developing essential components such as hands and joint motors.' Although initial production volumes this year may not be substantial, Moon projected a tenfold increase from 2027 with significant increases each year from then on. His remarks echoed his announcement at CES 2025 in Las Vegas in January, where he mentioned that LG Innotek was collaborating with a 'well-known' humanoid robotics firm and promised to disclose further details upon achieving meaningful milestones. Industry sources suggest that the electronics parts maker is working with more than half of the 14 humanoid robot firms featured in Nvidia CEO Jensen Huang's CES keynote. These companies include Boston Dynamics, Agility Robotics, Figure, Neura Robotics and Sanctuary AI. Despite potential tariff risks under US President Donald Trump's administration and a temporary slowdown in the electric vehicle market, LG Innotek remains committed to expanding its Mexico operations. The company's existing Mexican facility manufactures motors, sensors and automotive camera modules. The new plant, currently under construction, will bolster production capacity for camera modules and lighting solutions, crucial for the automotive sector. Moon clarified that tariffs on LG Innotek's Mexico-produced goods are absorbed by customers rather than the company itself. However, he acknowledged concerns about potential cost transfers, saying, 'We are actively discussing ways to optimize our global production sites to minimize any adverse impact.' The expanded Mexico plant is set for completion in July, with mass production commencing in October. Meanwhile, at the annual general meeting, shareholders approved all four agenda items, including financial statement approval, director and audit committee member appointments, and executive compensation limits.
