To meet orders from Apple, LG Innotek began the production of camera modules in Vietnam
The source reports that LG Innotek is going to start production of camera modules intended for Apple in Vietnam. It is remarkable that will be the first time that LG Innotek will produce this type of product for Apple in its native country.
The construction of the relevant factory has been completed and the company is currently testing the production line. To release the LG Innotek modules will be the main camera for the iPhone.
By the end of this year, the company expects to increase production capacity to 100,000 units per day, and deliveries will begin next year. New factory LG Innotek needed just to meet orders from Apple. At the moment, at a plant in Gumi (South Korea) production of camera modules for iPhone 24/7 engaged in seven production lines, but now it’s not enough.
Production of camera modules LG Innotek brings more than half of revenue. It is expected that by the end of the year, the company will earn around $ 6.2 billion, of which modules have 3.54 billion And most of this money will be received just by Apple.