LG Innotek 2010 LED package market share 10%

Recently, LG Innotek Co. reiterated that its LED-related revenue target for 2012 is 1.5 trillion won, and hopes to capture 10% of the global LED packaging market.

LG Innotek Co. is an electronic component manufacturer and LG Electronics holds a 50.6% stake.

LG Innotek pointed out that the investment in LED production equipment in 2010 will increase by 108% to 1.1 trillion won. At the same time, it reiterated that the 2012 LED-related revenue target is 1.5 trillion won, and hopes to win 10% of the global LED packaging market.

LG Innotek expects to announce its last quarter earnings on January 25.

Related stock price 2010/01/25 - 13:42 LG Innotek KRW 95,400 (-2.25%)

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