It has temporarily veered off track due to slow demand, but its operating loss in the second quarter, at 11.34 billion won, was less than estimated, and earnings will dramatically improve. All three models of the new iPhone series will be equipped with 3-D sensing modules, and two with flexible OLED. The fact that parts are shipped over 1 month earlier than previous years is boosting its advance in earnings, according to analyst Kim Ji-san.
Shipment of 3-D sensing modules will triple this year and LG Innotek’s status will further solidify with aggressive investments. Even when the prices decline, optimal yield will be maintained and its profitability will remain stable. In the latter half, it will begin to sell 10.5 generation photomask to panel makers, while LED sector will reshuffle focusing on UV, added the analyst.
By Hwang You-mee (glamazon@heraldcorp.com)