LG Innotek Q4 net rises 27.1% on high-end products

LG Innotek, an electronic component manufacturing unit of LG Group, said Monday its fourth-quarter net profit rose 27.1 percent from a year earlier, driven by strong sales of camera modules and semiconductor substrates for mobile devices. Net profit for the three months ended in December rose to 135.9 billion won ($94.3 million) from 106.9 billion won in the same period last year, the company said in a press release. Operating profit jumped 31 percent to 324.8 billion won from 247.9 billion won during the same period, while sales were up 14.8 percent, going from 6.6 trillion won to 7.6 trillion won. By sector, the optical solution division saw its sales rise 15.2 percent on-year to 6.65 trillion won, helped by increased exports of value-added camera modules to the United States. The substrate and material division's sales jumped 27.6 percent to 489.2 billion won following the mass-production of new models for mobile products. But the automotive components division's sales fell 0.1 percent to 474.3 billion won amid sluggish industrial demand. For all of 2025, net profit fell 24 percent fromWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times