# LG이노텍 (011070.KS)
> 애플 카메라모듈 주력에 더해 FC-BGA 반도체 기판으로 확장(2024 기판소재 매출 1.46조원). 서버·AI 가속기용 FC-BGA 양산 본격화, 2031년 패키지솔루션 영업익 1조 목표.
Canonical: https://valuechain.wiki/lg-innotek · Updated: 2026-06-21T12:37:01.232227+00:00 · Source: ValueChain.wiki (refined facts, cited)

## Financials & segments
- 총매출: 반도체 기판(FC-BGA)·모듈
- 사업부문: 반도체 기판(FC-BGA)·모듈

## Annual stock return (as of 2026-06-19)
- 2021: +78.2%
- 2022: -22%
- 2023: -28.8%
- 2024: -22.1%
- 2025: +66.8%
- 2026 YTD: +370.1%

## Value-chain annual returns (top→bottom: demand → node → supply; YTD as of 2026-06-19)
| Company | Chain | 2021 | 2022 | 2023 | 2024 | 2025 | YTD |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Arista Networks | lead3 | +97.9% | -15.6% | +94.1% | +87.7% | +18.5% | +29.5% |
| Apple | lead3 | +34.6% | -26.4% | +49% | +30.7% | +9.1% | +9.8% |
| Marvell | lead2 | +84.9% | -57.5% | +63.7% | +83.8% | -22.8% | +265.9% |
| AMD | lead2 | +56.9% | -55% | +127.6% | -18.1% | +77.3% | +150.9% |
| CoreWeave | lead2 | · | · | · | · | · | +64.7% |
| Qualcomm | lead2 | +22.3% | -38.4% | +35.1% | +7.7% | +13.9% | +34.2% |
| Foxconn | lead2 | -5.1% | +2.8% | +7.8% | +80.1% | +26.9% | +21.8% |
| Broadcom | lead2 | +56.8% | -13.4% | +104.9% | +110.9% | +50.7% | +19.3% |
| 알파벳 (구글) | lead2 | +65.3% | -39.1% | +58.3% | +35.8% | +66.1% | +17.8% |
| 아마존 | lead2 | +2.4% | -49.6% | +80.9% | +44.4% | +5.2% | +5.9% |
| Super Micro | lead2 | +38.8% | +86.8% | +246.2% | +7.2% | -4% | +4.7% |
| 메타 플랫폼스 | lead2 | +23.1% | -64.2% | +194.1% | +65.9% | +13.1% | -12.3% |
| 마이크로소프트 | lead2 | +52.5% | -28% | +58.2% | +12.9% | +15.6% | -21.2% |
| 삼성전자 | lead1 | -9% | -14.2% | +20.9% | -26.4% | +212.9% | +121% |
| NVIDIA | lead1 | +125.5% | -50.3% | +239% | +171.3% | +38.9% | +13.1% |
| LG이노텍 | node | +78.2% | -22% | -28.8% | -22.1% | +66.8% | +370.1% |
| Resonac | benef1 | -2.6% | -4% | +37.5% | +30.3% | +137.9% | +105.5% |

## Money in · revenue from (3)
### Apple (high)  → /apple.md
- metric: 매출 ~1.5조원 · 2024 · 기판소재 사업부 매출
- note: Apple에 기판·카메라 모듈 공급/제공.
- [confirms] 파이낸셜뉴스 (KO, news, published 2026-06-17) https://www.fnnews.com/news/202606170709505720: "Apple에 기판·카메라 모듈 공급/제공."
- [confirms] 테크M (KO, news, published 2025-01-01) https://www.techm.kr/news/articleView.html?idxno=134965: "Apple에 기판·카메라 모듈 공급/제공."

### NVIDIA (mid)  → /nvidia.md
- note: NVIDIA에 기판·카메라 모듈 공급/제공.
- [confirms] 파이낸셜뉴스 (KO, news, published 2026-06-17) https://www.fnnews.com/news/202606170709505720: "NVIDIA에 기판·카메라 모듈 공급/제공."
- [confirms] 테크M (KO, news, published 2025-01-01) https://www.techm.kr/news/articleView.html?idxno=134965: "NVIDIA에 기판·카메라 모듈 공급/제공."

### 삼성전자 (mid)  → /samsung-electronics.md
- note: 삼성전자에 공급.
- [confirms] DART(금융감독원 전자공시) (KO, filing, published 2026-03-12) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260312001270: "DART 사업보고서: 매출·고객·사업 내용."
- [confirms] LG Innotek (English) (EN, ir, published 2025-05-01) https://www.lginnotek.com/en/: "회사 영문 IR."

## Money out · pays to (2)
### 전자 부품·소재 (비공개) (low)
- note: 제조용 원재료·소재·R&D(비공개).
- [confirms] 테크M (KO, news, published 2025-01-01) https://www.techm.kr/news/articleView.html?idxno=134965: "제조용 원재료·소재·R&D(비공개)."

### Resonac (low)  → /resonac.md
- note: Resonac에서 ABF·기판 소재 매입.
- [confirms] 파이낸셜뉴스 (KO, news, published 2026-06-17) https://www.fnnews.com/news/202606170709505720: "Resonac에서 ABF·기판 소재 매입."
- [confirms] 테크M (KO, news, published 2025-01-01) https://www.techm.kr/news/articleView.html?idxno=134965: "Resonac에서 ABF·기판 소재 매입."

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_Generated for LLM/agent consumption. Each edge lists stance (confirms/mentions/contradicts), source publisher, language, date, and excerpt for verification._