LG Innotek Achieves Record-High 8.8 Trillion Won in Apple Sales in H1, Up 28% YoY

Strong Performance in iPhone Camera Module and Substrate Supply
CEO Moon Hyuksu Receives 1.29 Billion Won in Compensation for First Half

LG Innotek continued its steep growth trajectory in the first half of this year, achieving its highest-ever sales from its major client, U.S.-based Apple.

According to the semiannual report disclosed by LG Innotek on August 14, sales from a single client - accounting for more than 10% of total revenue (covering the Optical Solution and Package Solution business units) - reached 8.8882 trillion won in the first half.

This marks a sharp increase of approximately 2 trillion won (28%) compared to the 6.9313 trillion won recorded during the same period last year, representing nearly 80% of the company's consolidated total sales of 11.062 trillion won in the first half of 2026.

This single client is presumed to be Apple. LG Innotek supplies core components, such as camera modules and high-performance semiconductor substrates, in large quantities for Apple's iPhone.

On the same day, LG Innotek also released a detailed shareholder return roadmap aimed at enhancing corporate value. Based on its consolidated financial statements and excluding non-operating profit, the company plans to gradually increase its consolidated dividend payout ratio from 11% in 2024 to 15% in 2027 and 20% in 2030, thereby continuously expanding the scale of shareholder returns.

Additionally, while solidifying its dominance in the existing Optical Solution business, LG Innotek aims to expand the revenue share from high-value growth businesses - including autonomous driving sensing solutions, semiconductor substrates, and robotics - to over 8 trillion won by 2030. To maintain its technological edge, the company spent 407.3 billion won on research and development (R&D) in the first half of this year alone.

Meanwhile, LG Innotek CEO Moon Hyuksu received a total compensation of 1.297 billion won in the first half of this year. The breakdown included 726 million won in salary, 562 million won in bonuses, and 9 million won in other employment income.

This content was produced with the assistance of AI translation services.