Power Inverter Module Production Line Focused Operation
Year-End VS Division Order Backlog Expected to Reach 100 Trillion Won

LG Electronics announced on the 27th that it will operate part of the LG Magna e-Powertrain (hereinafter LG Magna) production line located in Seo-gu, Incheon, 24 hours a day even during the Chuseok holiday period.


In particular, it will focus on operating the production line for the power conversion component 'Power Inverter Module (PIM)' necessary for electric vehicle propulsion to meet customer demand.

An LG Magna employee is conducting a quality inspection of electronic components on the LG Magna e-Powertrain production line at the LG Electronics Incheon Campus located in Seo-gu, Incheon. <br>[Photo by LG Electronics]

An LG Magna employee is conducting a quality inspection of electronic components on the LG Magna e-Powertrain production line at the LG Electronics Incheon Campus located in Seo-gu, Incheon.
[Photo by LG Electronics]

View original image

LG Electronics recently announced plans to establish a new LG Magna production base in Miskolc, Hungary, following its locations in Incheon, South Korea; Nanjing, China; and Ramos Arizpe, Mexico. As demand for electric vehicle transition steadily increases, the company aims to build regional production hubs and lead the future electric vehicle powertrain market. By the end of this year, the order backlog of LG Electronics' VS Business Division is expected to reach 100 trillion won.



Meanwhile, LG Electronics will also start early operation of some refrigerator and washing machine production lines at LG Smart Park located in Changwon, Gyeongnam, from the 2nd of next month, before the holiday ends.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing