[Featured Stock] LG Innotek Rises 5% on North American Client's AI New Model Expectations

LG Innotek's stock price is on the rise. Expectations of benefits from North American clients' new AI smartphone models appear to be influencing the stock price.

As of 10:09 AM on the 29th, LG Innotek is trading at 252,000 KRW, up 5.22% from the previous day.

Lee Gyu-ha, a researcher at NH Investment & Securities, stated, "It is expected that the North American client will equip the new model to be released in the second half of this year with AI features, leading to a significant increase in smartphone sales compared to previous estimates. Although competition in China remains intense, replacement demand is expected to rise sharply thanks to the inclusion of AI features."

He added, "There is a high possibility that both performance and stock price hit their lowest point in the first half of this year. In 2025, smartphone sales recovery will continue, and margin improvement will be possible due to labor cost reduction from the increased production share in Vietnam, leading to continued growth in performance."