LG Innotek said on the 27th it will invest 341.1 billion won, equivalent to 6.4% of its equity capital, in the optical solutions division, which handles camera modules, to set up new facilities.
It said the investment, which runs from today through Dec. 31 next year, is aimed at "responding to new models in the optical solutions business and enhancing competitiveness."
LG Innotek makes regular annual facility investments in the optical solutions business. Through 2023, trillion-won-scale investments were carried out, and last year and this year it invested 383 billion won and 375.9 billion won, respectively.
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