Semiconductor substrates (FC-BGA) and modules
LG Innotek
Beyond Apple camera modules, expanding into FC-BGA substrates (2024 substrate revenue KRW 1.46T); ramping server/AI-accelerator FC-BGA, targeting KRW 1T package-solution operating profit by 2031.
011070.KS Updated Jun 21, 2026
Annual return · 2026-06-19'21+78.2%'22-22%'23-28.8%'24-22.1%'25+66.8%YTD+370.1%
LG InnotekSemiconductor substrates
Financials & Segments
- Total revenue · Semiconductor substrates (FC-BGA) and modules
- Segments · Semiconductor substrates (FC-BGA) and modules
Revenue from
- Apple High confidence· Revenue ~₩1.5T · 2024 · substrate-materials division revenue
Provides substrates and camera modules to Apple.Confirms KO Financial News Published Jun 17, 2026: "Provides substrates and camera modules to Apple." - NVIDIA Medium confidence
Provides substrates and camera modules to NVIDIA.Confirms KO Financial News Published Jun 17, 2026: "Provides substrates and camera modules to NVIDIA." - Samsung Electronics Medium confidence
Supplies 삼성전자.Confirms KO DART (FSS) Published Mar 12, 2026: "DART annual report: revenue, customers and business."
Pays to
- 전자 부품·소재 (비공개) Low confidence
Materials and R&D (undisclosed). - Resonac Low confidence
Buys ABF and substrate materials from Resonac.
Value-chain ripple (tiers 2–3)
Following node-to-node links up to 3 tiers; each firm is shown once, at its nearest tier.
| Company | Chain | '21 | '22 | '23 | '24 | '25 | 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 (Hon Hai) | 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 |
| Alphabet (Google) | lead2 | +65.3 | -39.1 | +58.3 | +35.8 | +66.1 | +17.8 |
| Amazon | 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 |
| Meta Platforms | lead2 | +23.1 | -64.2 | +194.1 | +65.9 | +13.1 | -12.3 |
| Microsoft | lead2 | +52.5 | -28 | +58.2 | +12.9 | +15.6 | -21.2 |
| Samsung Electronics | lead1 | -9 | -14.2 | +20.9 | -26.4 | +212.9 | +121 |
| NVIDIA | lead1 | +125.5 | -50.3 | +239 | +171.3 | +38.9 | +13.1 |
| LG Innotek | 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 |
YTD as of 2026-06-19 · source: Yahoo Finance