LG Innotek Invests 341.1 Billion Won in 'Camera Module' Optical Solutions
Responding to New Models and Enhancing Competitiveness
On November 27, LG Innotek announced in a regulatory filing that it will invest 341.1 billion won in its optical solutions business, which is responsible for camera modules. The investment is aimed at responding to new models and enhancing competitiveness in the optical solutions business, and will be carried out until December 31 of next year.
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LG Innotek has been making regular facility investments in its optical solutions business every year. After large-scale investments totaling trillions of won were made up to 2023, the company invested 383 billion won last year and 375.9 billion won this year, respectively.
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