LG Innotek Q1 Operating Profit Surges 136% on Smartphone Camera and Chip Demand

Gate News message, April 27 — LG Innotek's operating profit for the first quarter surged 136% to 295.3 billion won (US$201 million), beating analyst estimates as demand for smartphone camera modules and premium semiconductors strengthened.

Revenue climbed 11.1% to a first-quarter record of 5.5 trillion won (US$3.76 billion), falling slightly below the 5.6 trillion won (US$3.79 billion) consensus estimate. Operating profit, however, topped the 236.9 billion won (US$161 million) forecast.

Growth was driven by optical and package solutions, supported by smartphone, automotive, and chip sector demand. The mobility unit reported an order backlog of 19.2 trillion won (US$13.1 billion) as of end-2025.