LG Innotek Q2 Operating Profit Surges Over 2,000% YoY to 245.8B Won, Beats Forecasts

According to Yonhap Infomax, LG Innotek reported Q2 2026 operating profit of 245.8 billion won, up over 2,000% year-over-year, exceeding market consensus on July 27. Revenue reached 5.527 trillion won, up 41% from the prior year, surpassing consensus estimates of 5.035 trillion won and 206.3 billion won in operating profit.

First-half cumulative revenue totaled 11.062 trillion won, up 24.1% year-over-year, marking the first time H1 revenue exceeded 10 trillion won. H1 operating profit climbed to 541.07 billion won, up 296.4% year-over-year. Growth was driven by sustained demand for high-margin mobile camera modules, robust supply of advanced semiconductor substrates (RF-SiP, FC-CSP, FC-BGA), and increased vehicle camera and mobility component sales.