[New Year's Message] Moon Hyuksoo, CEO of LG Innotek, "Let's Become a Technology Partner Realizing Customer Visions"

New Year's Message Video for Employees on the 2nd
Announcement of New Vision Celebrating the 55th Anniversary of Foundation

Moon Hyuk-soo, CEO of LG Innotek, announced a new vision on the 2nd to mark the company's 55th anniversary, stating, "Let us become a trusted technology partner that realizes the customer's vision together."

CEO Moon shared a New Year's video containing the above business direction and goals for LG Innotek's sustainable growth, along with New Year's greetings to more than 20,000 employees across 23 domestic and overseas business sites.

On the 2nd, Moon Hyuk-soo, CEO of LG Innotek, shared a new vision with employees through a New Year's video. LG Innotek

The new vision, according to LG Innotek, embodies the essential meaning of the business: not only becoming an excellent parts supplier as a B2B company but also becoming an irreplaceable technology partner supporting the customer's success. The brand identity also concisely captures the core of the vision with "ENABLE THE NEXT (Realizing the new future envisioned by customers)" and the slogan "YOUR ASPIRATION, OUR INNOVATION (The customer's future, our innovation answers)."

Along with this, the company expressed its commitment to sustainable growth by expanding its business into various fields beyond electronic components, such as mobility and robotics, based on core technologies, thereby opening new business opportunities. LG Innotek announced in November last year, through a corporate value enhancement (value-up) plan disclosed publicly, that it aims to grow the sales scale of newly nurtured businesses to over 8 trillion KRW by 2030.

CEO Moon emphasized, "We must quickly sense where the customers and markets that create new technology S-curves (a series of changes where technology rapidly grows, becomes commonplace, and then declines) are, and ride the new S-curve together with customers to achieve sustainable growth." He added, "As a trusted technology partner that realizes the customer's vision together, let us vigorously take bold steps to create differentiated future value and change the future."