Rummaging around for car keys may soon become a relic of the past. South Korea’s electronic component manufacturing firm LG Innotek said Sunday that it has succeeded in developing a digital car key module that would enable smartphones to replace car keys. The module is equipped with high-precision location detection ability and has reliable security functions, LG Innotek said. The company is actively running promotions targeting global manufacturers of vehicles and vehicle components in

Son Kil-dong, senior vice president at LG Innotek, won a presidential award in recognition of his contribution for development of the electronic material industry. Son, who joined LG Electronics as an engineer in 1995, moved to LG Innotek, the parts making affiliate in 2008. He has led a variety of new technologies and manufacturing processes in the field of semiconductor substrate. His works include development of radio frequency-system in package substrate for telecommunications, and a

LG Innotek, the electronics parts making affiliate of LG Group, has been recognized by the Ministry of Health and Welfare for fulfilling its corporate social responsibilities, the firm said Tuesday. The Welfare Ministry selects businesses with outstanding corporate social responsibility programs every year in partnership with the Korea National Council on Social Welfare. LG Innotek’s plants in Gumi, North Gyeongsang Province, and in Gwangju Metropolitan City were credited by the minis

LG Innotek, the high-tech parts making unit of LG Group, said Thursday that the company had signed an agreement with the Korean Intellectual Property Office and partner firms to increase cooperation to safeguard confidential business information. Under the latest agreement, LG Innotek will provide its partners with education and policy consultations to improve the protection of confidential information. The company added that it would help its partners to build systems to protect business secre

LG Innotek, the high-tech parts making unit of LG Group, said Wednesday the company has developed a “highly efficient” ferrite material to be used for ultra slim TVs and vehicles. Ferrite, made of iron oxide power, is used to change voltage in power modules for TVs and on board chargers in vehicles. As home appliances including TVs and electric vehicles go slimmer and lighter, the ferrite has become a viable material. LG’s ferrite can make power modules for TVs as thin as

Posco International said Wednesday its CEO Joo Si-bo and employees have joined the Thank You Challenge campaign to express gratitude to medical staff during the COVID-19 pandemic. The public campaign was launched by the Central Disaster Safety and Countermeasure Headquarters with the aim of encouraging medical workers struggling to prevent the spread of coronavirus. Anyone can participate in the campaign by posting a picture of sign language with gratitude on social media and naming the next p

South Korea’s top 500 companies by assets have cut more than 11,000 jobs as the new coronavirus has continued to spread, data showed Wednesday. Local corporate tracker CEOScore surveyed the number of national pension fund subscriptions among the nation’s 500 largest companies between February and June. The pension fund subscription -- which is mandatory for regular workers -- is often used as a barometer for employment trends here. The survey showed that the 500 firms’ sub

LG Group Chairman Koo Kwang-mo marks two years Monday since he took the helm of South Korea’s fourth-largest conglomerate. Under his new and pragmatic leadership, the group has seen quiet but significant changes. Koo became the new leader of LG on June 29, 2018, at the age of 40 after his father, Koo Bon-moo, passed away a month earlier. He inherited the group in the Confucian tradition whereupon the eldest son takes over the family business. The late Koo’s management philosophy

LG Group said Tuesday its four affiliates -- LG Electronics, LG Chem, LG Innotek and LG International Corp. -- have donated 50,000 coronavirus test kits to the Indonesian government. The donation was made in response to a request by the country, which lacks diagnostic kits due to the surge in COVID-19 cases, and to contribute to overcoming international difficulties caused by the infectious disease, the group said. Supplies of some diagnostic kits to the Indonesian National Board for Dis

Affiliates of Samsung Electronics and LG Electronics will send a total of 430 engineers to Vietnam in order to support their plants’ operations there, as the Vietnamese government has decided to exempt Korean staff from its two-week quarantine policy, according to industry sources Tuesday. Samsung Display will dispatch 180 engineers via a chartered flight from Asiana Airlines to Bac Ninh in northern Vietnam on Saturday, a source said. The engineers will stay in a quarantine facility e

The novel coronavirus is disrupting the plants of Korea’s major conglomerates, as new confirmed cases reported one after another involve their employees. On Sunday, Samsung Electronics confirmed its third case of COVID-19 infection, of a worker at its smartphone plant in Gumi, North Gyeongsang Province. The Gumi site produces next-generation smartphones such as the Galaxy Z Flip and Galaxy Fold. The assembly line where the employee worked is temporarily closed and expected to be fully

LG Innotek announced Wednesday the company has developed a communications module for automobiles based on Qualcomm’s 5G chip as the first in the world. The 5G communications module, a combination of a communications chip, memory and radio frequency circuit, is a component that enables transmission of data between a vehicle and 5G base station. The module, as small and slim as a credit card, will enable sharing of real-time traffic information, precise location measurement and communication

LG Innotek, the electronic parts affiliate of LG Group, said Monday that the company would showcase around 20 kinds of car components at an upcoming automotive show in Japan this week. The LG affiliate will, for the first time, take part in the Automotive World 2019 that kicks off Wednesday for a three-day run in Nagoya -- where Japan’s major auto parts makers, as well as automakers like Toyota, are headquartered. The event is held in Tokyo every January and in Nagoya in September, attende

LG Innotek, electronic parts affiliate of LG Group, announced Wednesday the firm has developed flexible three-dimensional lighting for premium cars with a plan to aggressively enter the high-end vehicle market. Dubbed Nexlide-HD, it is a module for cars’ front and rear external lighting that emits bright and uniform light. The lighting module consists of a number of specialized LED packages attached to a thin substrate, which helps spread the light around 180 degrees. Previous lighting mod

South Korean tech giants Samsung Electronics and LG Electronics were among the companies that were granted the greatest number of patents in the US last year, falling within the top 10 and rubbing shoulders with IBM, Microsoft and General Electric, a report by a US patent association showed Monday. Samsung ranked No. 2 with 5,836 registered patents in the US, surpassed only by US IT giant IBM, which filed 9,088, according to the Intellectual Property Owners Association.  The Korean IT