LG Innotek has opened the era of KRW 10 trillion in first-half revenue by posting its highest-ever results. In particular, second-quarter operating profit recorded a growth rate of more than 2,000%, improving profitability as well.

LG Innotek announced on the 27th that it posted preliminary second-quarter 2026 results of KRW 5.5272 trillion in revenue and KRW 245.8 billion in operating profit. Revenue reached a record high for a second quarter, increasing 41% year-on-year, while operating profit surged by 2,057%. Including first-quarter results, cumulative first-half revenue came to KRW 11.0621 trillion, marking the first time the company has exceeded KRW 10 trillion in revenue for the first half.

Although the second quarter is traditionally a seasonally weak period, overall performance was driven by solid demand for mobile camera modules and continued expansion in the supply of high value-added semiconductor substrates such as Radio Frequency-System in Package (RF-SiP), Flip Chip-Chip Scale Package (FC-CSP), and Flip Chip-Ball Grid Array (FC-BGA). In particular, the three semiconductor substrate products—RF-SiP, FC-CSP, and FC-BGA—are businesses that President and CEO Moon Hyuk-soo of LG Innotek is nurturing as the company’s core growth engines. Backed by the global artificial intelligence (AI) boom, LG Innotek’s substrate business has steadily connected with global big tech companies and is assessed to have entered a growth phase faster than expected. By business segment, the Optical Solution Business recorded revenue of KRW 4.5179 trillion, up 48% year-on-year. The company stated that demand for high value-added mobile camera modules remained solid even in the off-season, and revenue from automotive cameras also increased due to supplies for new models to key customers. The Package Solution Business achieved revenue of KRW 498.4 billion, up 20% from a year earlier. Growth in demand for high value-added substrates led to strong sales of semiconductor substrates such as RF-SiP and FC-CSP, driving revenue expansion, while FC-BGA also contributed to performance improvement as product supplies to global customers increased. The Mobility Solution Business was tallied at KRW 510.9 billion, up 10% year-on-year. The company said that revenue increased evenly across all mobility component product lines, centered on high value-added products such as automotive lighting and communication modules. The mobility business plans to drive revenue growth led by new businesses such as automotive AP modules, while improving profitability through expanding the share of high value-added products and enhancing resource efficiency. LG Innotek stressed that to strengthen its high-margin business portfolio, it is not only reinforcing its core businesses in optics and packaging, but also accelerating the growth of next-generation businesses in the physical AI domain, focusing on autonomous driving and robotics. The company explained that it is placing particular emphasis on expanding the Package Solution Business, which has high profitability and growth potential.

Executive Vice President Kyung Eun-kuk, Chief Financial Officer (CFO) of LG Innotek, said, “To respond to the surge in demand amid the semiconductor boom driven by the AI wave, we have begun expanding our semiconductor substrate production plant in Vietnam and are reviewing additional investments,” adding, “We will firmly establish the Package Solution Business as a core business of the company through CAPEX expansion, differentiated technologies such as copper post (Cu-post), and the application of AX to production processes.”

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