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Learn more about LG Innotek’s innovative mind and performances in corporate press release and company news.

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LG Innotek turns around for the 1st quarter

2012-05-01

■ Achieves all-time high sales and made a turn-around to surplus in operating profits
- Sales stood at 1.23 trillion KRW, a 1.7% quarter-on-quarter increase.
■ Key Contributors to sales growth and margin improvement.
- Steady growth of the mobile parts businesses and Sales growth in the display components businesses.
■ Key plans for the 2nd quart
- Continue to improve the company’s competitiveness by expanding sales contribution of high value-added products.

LG Innotek participates in Light + Building Expo 2012 in Germany

2012-04-17

- Targets European market as an LED lighting solution provider -
■ Participates in the world's biggest 'Light & Building Expo 2012' in Frankfurt, Germany
■ Demonstrates competence as a leading provider of LED lighting solutions
- Exhibits full range of package line-ups that can be used in multiple applications
■ Targets the European market, which accounts for 35% of its market sales, as well as prime global LED lighting market

LG Innotek to Hire 50 People with Special Needs

2012-03-16

■ Company conducts open recruitment for handicapped people at 7 worksites nationwide for first time
■ Receiving applications via company website until March 28
■ Expected to hire over 150 people with special needs in phases until 2015

LG Innotek, Entered into a “Growing Together and Benefit Sharing Agreement” with its Partners.

2012-03-02

■ Held a ceremony for its “Fair Business and Co-growth Agreement with Subcontractors in 2012”
■ The first-ever introduction of a benefit sharing system that is in favor of its 25 partners

LG Innotek’s Labor Union Announces its Labor Union’s Social Responsibility (USR)

2012-02-28

■ LG Innotek’s labor union, for the first time in Korea, has announced their vision regarding USR of their own, not by the management.
■CEO, Ung Beom Lee, and Union Head, Gi Dong Lee, together with other representatives from labor and management promised to take on social responsibilities for communities where their operations are located.
■Planning to extend their USR activities to overseas operations, starting in 2014.

LG Innotek Achieves a early Turnaround this year

2012-01-31

■An annual turnover of 5 trillion won in 2012
■An early turnaround through maximized profitability in core and growth businesses.
■2011 turnover: 4,553 billion won, 2011 operating losses : 66.8 billion won.

LG Innotek’s Santa is coming to see you!

2011-12-14

■ LG Innotek’s 'Santa is coming to see you’ is part of the company’s
social contribution program for children from multicultural families.

LG Innotek, holds “Hope Mentoring Class” completion ceremony

2011-11-14

■On November 13, 2011, LG Innotek will hold a course completion ceremony at the Korean Folk Village in Yongin for the “Hope Mentoring Class,” designed to support children from multicultural families.
■Prior to this ceremony, the company will provide a Hope Mentoring Camp for two days, from November 12 to 13.
■The company plans to continue its support for multicultural children, so that they can grow up as legitimate members of Korean society.

LG Innotek wins license as testing agency for certifying international eco-friendly LED ‘Energy Star

2011-11-03

■LG Innotek acquires license as official international testing agency for Energy Star certification, hosted by U.S. Environmental Protection Agency
■Expect to boost company’s competitiveness in global LED lighting module business
■‘To serve as watershed event for LG Innotek to further accelerate its advance into global LED lighting module market’

LG Innotek Opens its First "LG Innotek Hope Class"

2011-10-28

■To support children from multicultural families and low-income households at the Bethel District Children’s Center in Gusan-dong, Seoul on October 27.
■Designate Bethel District Children’s Center, requiring improvement of the environment, into LG Innotek Hope Class
■Improve environment of the Study Room at the Center, and will implement programs for talent donation by executives and staff.

LG Innotek Introduce a target management system for greenhouse gas and energy consumption

2011-10-21

■2nd Global Environmental Safety Conference,held in the presence of executives and staff members in Korean and from overseas
■Greenhouse gas and energy consumption target management system to be extended to overseas operations
■CEO, Young-Ho Hur, resolved to position the company as a global leader in environmental safety solutions

LG Innotek, introduces numerous state-of-the-art LED solutions

2011-10-06

■ Participated in the "International Photonics Exhibition" from October 4-6, 2011.
■ Put high-end solutions on display. These solutions range from LED materials/components to lighting modules.
■ Demonstration of LED lighting in a real life setting.

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