[Edaily Reporter SOYEON KIM ] Moon Hyuk-soo, CEO (President) of LG Innotek, emphasized, “We are standing at a critical turning point in the era of Physical AI, where artificial intelligence (AI) is expanding beyond the digital space into the real world,” adding, “Based on our differentiated ‘Winning Tech,’ we aim to become a key partner that enhances our customers’ future competitiveness.”
On the 2nd, President Moon made these remarks via his social media account, noting, “For the first time since its founding, LG Innotek has surpassed 10 trillion won in first-half revenue.” He added, “This achievement is significant not only as a financial milestone but also because it demonstrates that LG Innotek’s business structure and growth fundamentals are evolving to the next level.” Moon Hyuk-soo, President and CEO of LG Innotek. (Photo: LG Innotek) LG Innotek announced on the 27th of last month that its consolidated operating profit for the second quarter of this year surged 2,057.3% year-over-year to 245.8 billion won. Revenue rose 41% year-over-year to 5.5272 trillion won. This marks the highest second-quarter figure in the company’s history. Including first-quarter results, first-half revenue reached 11.0621 trillion won, marking the first time the company has surpassed 10 trillion won in first-half revenue.
LG Innotek’s performance has historically followed a pattern of strong first halves and weak second halves. President Moon explained, “The first-half results this year confirm that we are moving beyond the long-standing pattern of performance concentrated in the second half and are building a more balanced and solid foundation for growth.”
He added, “Going forward, we will further strengthen our high-value-added portfolio and continuously identify new growth drivers to create sustainable value together with our customers, partners, and society.”
(Photo: Blind)
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