(PR) LG Innotek Targets USD 647 million in Package Solution Operating Profit by 2031

LG Innotek targets $647 million in operating profit from package solutions by 2031, driven by 5G, premium smartphone components, memory market recovery, and AI expansion.

LG Innotek, renowned for its optical solution business and leadership in high-performance camera modules, is quickly establishing itself as a key player in package solutions, including high-value-added semiconductor substrates. Backed by a combination of structural growth drivers—including the rollout of 5G networks, trend toward higher-performing components in premium smartphones, ongoing recovery of the memory market, and rapid expansion of AI and big data applications—the increase in global demand for high-value-added semiconductor substrate products is accelerating.