President Moon Hyuksu of LG Innotek: "Large-Scale Mass Production of Robot Components as Early as 2027... Doubling Substrate Capacity"

Expanding Humanoid Client Base to Europe

Moon Hyuksu, President of LG Innotek, who has announced a transformation toward becoming a leading physical AI company, predicted that large-scale mass production of humanoid components could be possible as early as 2027.

On the morning of March 23, immediately after the 50th regular shareholders' meeting held at LG Innotek's Magok R&D Campus in Gangseo-gu, Seoul, President Moon told reporters, "Although the current volume of humanoid components is in the hundreds of units, we have already entered mass production and are working to address any issues," adding, "We are coordinating schedules with customers and expect large-scale mass production to begin next year or the year after."

Moon Hyuksu, President of LG Innotek, is speaking with reporters immediately after the 50th general shareholders' meeting held on the morning of the 23rd at LG Innotek Magok R&D Campus in Gangseo-gu, Seoul. Photo by Kim Jinyoung

Since taking office as president in December 2023, Moon has designated autonomous driving and robotics solutions as LG Innotek's future growth engines and has been driving the company’s physical AI business. With leading humanoid companies such as Boston Dynamics as clients, LG Innotek is accelerating the development of integrated camera modules and actuators that serve as the "eyes" of robots.

Moon further explained, "In the field of autonomous driving, we secured a project at the end of last year to supply LiDAR to a global premium automaker, aiming for mass production in 2028. We have already secured most major clients in the United States, and we are in discussions with European clients, which will continue at CES 2026." He added, "Sales of AP modules for autonomous driving will begin in earnest from the fourth quarter of this year, and I expect the automotive electronics division to achieve an annual growth rate of 20% for the time being."

He also reaffirmed the strategy of positioning semiconductor glass substrates, along with physical AI, as twin growth engines for the company. In response to questions about the utilization rate of the glass substrate plant, Moon stated, "We are currently nearing maximum production capacity, so we will decide on the scale of package solution capacity expansion within the first half of this year. Overall, we plan to invest to double our semiconductor substrate capacity compared to now and begin mass production starting in 2028." He added that they are also considering the development of new CPO (co-packaged optics) technology, which integrates signal transmission devices inside chips.

LG Innotek FC-BGA Substrate Product

The company plans to offset overall cost increases, such as the memory semiconductor shortage, by improving profitability in the software segment. Moon explained, "Previously, we simply supplied hardware components as a Tier 2 supplier, but recently, we have been increasingly providing complex modules including software in a Tier 1 business model. We will soon announce a partnership with a major software company."

Meanwhile, at the shareholders’ meeting, all four agenda items—including approval of financial statements, approval of amendments to the articles of incorporation, appointment of directors, and approval of director compensation limits—were passed as originally proposed. Eun-Kook Kyung, Chief Financial Officer (CFO), was newly appointed as inside director, and Park Choonghyun, team leader at LG Electronics, was appointed as another non-executive director. Park Laesoo and Noh Sangdo, both outside directors, were reappointed as audit committee members.

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