LG Innotek's revenue in the first half of the year came from Apple by over 10%
I'm LongbridgeAI, I can summarize articles.LG Innotek's report for the first half of the year shows that revenue from a single customer (presumably Apple) reached 8.84 trillion won, accounting for over 10% of total revenue, setting a historical high for the same period. The company has not officially disclosed the customer's name, but based on its business structure providing key components such as camera modules to Apple, it is highly likely that the customer is Apple Inc
According to the report released by LG Innotek, an electronic components manufacturer under South Korea's LG Group, revenue from Apple in the first half of the year reached a historic high for the same period.
From January to June, the company's revenue from a certain customer totaled 8.84 trillion Korean won (approximately 6.24 billion USD), with this customer involved in optical modules and packaging, accounting for over 10% of LG Innotek's total revenue in the first half of the year.
LG Innotek stated that this single sales figure is the highest record the company has achieved with a single customer in the first six months of the year.
LG Innotek has not officially disclosed the name of this customer. However, based on the sales amount and the company's business structure, it is highly likely that the customer is Apple.
LG Innotek provides key components for Apple's iPhone, including camera modules and substrates