[Featured Stock] LG Innotek Rises on Rumors of Supplying Tesla Camera Modules Worth Over 1 Trillion Won
![[Featured Stock] LG Innotek Rises on Rumors of Supplying Tesla Camera Modules Worth Over 1 Trillion Won](http://www.asiae.co.kr/news/img_view.htm?img=2020031311402820317_1584067228.jpg)
[Asia Economy Reporter Myunghwan Lee] LG Innotek is rising in early trading on the 25th. This is interpreted as a result of reports that it has secured a camera module order worth over 1 trillion won from the US electric vehicle company Tesla.
As of 9:30 a.m. on the day, LG Innotek is trading at 335,000 won, up 2.76% (9,000 won) from the previous trading day.
The previous day, a media outlet reported that LG Innotek recently completed negotiations with Tesla to supply camera modules worth about 1 trillion won to be installed in Tesla electric vehicles.
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In response, the Korea Exchange's KOSPI Market Headquarters requested LG Innotek to disclose information regarding the camera module order report. The disclosure deadline is by 6 p.m. on the same day.
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