Gate News message, April 27 — LG Innotek’s operating profit for the first quarter surged 136% to 295.3 billion won (US$201 million), beating analyst estimates as demand for smartphone camera modules and premium semiconductors strengthened.
Revenue climbed 11.1% to a first-quarter record of 5.5 trillion won (US$3.76 billion), falling slightly below the 5.6 trillion won (US$3.79 billion) consensus estimate. Operating profit, however, topped the 236.9 billion won (US$161 million) forecast.
Growth was driven by optical and package solutions, supported by smartphone, automotive, and chip sector demand. The mobility unit reported an order backlog of 19.2 trillion won (US$13.1 billion) as of end-2025.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
TSMC “Sprint to 1nm” vs. Samsung “Consolidate 2nm,” the two leading chip foundries diverge on strategy
This article analyzes the divergence between TSMC and Samsung in next-generation sub-nanometer process technology: TSMC is actively pushing its 1nm N-series A16/A14/A13/A12 and a back-side power delivery network, BSPDN, with plans to start mass production from 2027 and enter the “angstrom” era; Samsung is slowing its 1nm pace, focusing on capacity optimization and yield improvement for its 2nm process. AI/HPC demand is driving the two routes to diverge, and it will be difficult to tell which is better in the short term.
ChainNewsAbmedia9m ago
Oracle Secures $16B Data Center Financing for Michigan Project
Oracle has completed a $16 billion data center financing deal, according to a statement from data center developer Related Digital. The funding will support construction of a data center campus in Saline, Michigan, where Oracle will serve as the anchor tenant, combining equity investments from Relat
CryptoFrontier32m ago
Paytm Shares Drop After RBI Cancels Banking License Over Compliance Violations
Gate News message, April 27 — Shares of Paytm, an Indian payments and financial services company, fell as much as 8.4% before paring losses to around 3.5% after the Reserve Bank of India (RBI) canceled the banking license of Paytm Payments Bank last week. The RBI said the bank had faced
GateNews33m ago
Xizhi Technology-P IPO Shares Surge Over 360% on Gray Market, Gains Narrow to 320%
Gate News message, April 27 — Xizhi Technology-P (01879.HK), a Hong Kong-listed AI chip company, saw its shares surge over 360% on the gray market (dark market) earlier today, though gains have since narrowed to 320%.
The stock is trading ahead of its official Hong Kong IPO
GateNews43m ago
Ohio State Teachers Retirement Fund Increases MSTR Holdings to 93,570 Shares
Gate News message, April 27 — Ohio State Teachers Retirement Fund disclosed a purchase of 5,881 shares of MSTR (MicroStrategy), bringing its total holdings to 93,570 shares valued at approximately $16 million.
According to BitcoinTreasuries.NET, the increase reflects the fund's continued
GateNews44m ago
Acko Plans $250M IPO by June 2026 at $2B Valuation
Acko, a Bengaluru-based online insurer, plans to confidentially file for an IPO by June 2026 to raise approximately US$250 million at a valuation between US$2 billion and US$2.5 billion, according to The Economic Times. Morgan Stanley, Kotak Securities, and ICICI Securities have been appointed as
CryptoFrontier1h ago
