Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
LG Innotek operating profit more than triples to USD 401.96 million in first half; revenue rises 24% to USD 8.22 billion

LG Innotek operating profit more than triples to USD 401.96 million in first half; revenue rises 24% to USD 8.22 billion

BitgetBitget2026/09/30 07:00
  • LG Innotek posted first-half revenue of USD 8.22 billion, up 24% year over year.
  • Operating profit rose to USD 401.96 million from a year earlier.
  • The company described the result as an “earnings surprise” for its typically off-peak first half.
  • It said the business is reshaping its portfolio toward a high-margin “High Performance Portfolio” under CEO Moon Hyuksoo, appointed in 2023.
  • LG Innotek said it is expanding semiconductor substrates and physical AI solutions as future growth businesses, targeting USD 5.94 billion by 2030.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LG Innotek Co. Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: EN60160) on September 30, 2026, and is solely responsible for the information contained therein.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Morgan Stanley is tactically bullish on BHP (BHP.US): Two major copper mine catalysts may ignite the stock price in the next two months

Morgan Stanley maintains an "Overweight" rating on BHP Group, with an "attractive" industry outlook, and sets a target price of AUD 69.00 for its shares listed in Australia.

智通财经•2026/10/13 07:03

Bank of England hawkish official: Growth exceeds expectations and employment is resilient, which precisely proves that further rate hikes are necessary.

Megan Greene, a policymaker at the Bank of England, stated that the UK's economic growth surpassing expectations and the resilience of the job market indicate that the Bank of England's efforts to curb inflation are still insufficient.

智通财经•2026/10/13 06:32