📊Executive Summary

LG Innotek is expanding its semiconductor substrate manufacturing plant in Vietnam to enhance its package solution business, targeting over 3 trillion won in annual revenue by 2030. The expansion, set to begin in July and complete by May next year, will focus on high-value semiconductor substrates, including RF-SiP and FC-CSP. The Gumi plant in Korea will develop new technologies while the Vietnam site will serve as a mass-production base. This move is driven by rising demand for semiconductor substrates, particularly with the growth of 5G and AI applications, indicating a significant shift in procurement strategies for companies relying on these components....