LG Innotek is preparing to mass-produce components for humanoid robots starting next year, with production expected to scale up significantly, CEO Moon Hyuk-soo announced at the company’s annual shareholder meeting on Monday. He revealed that a key partnership with a major industry player would be disclosed soon.
The company is collaborating with multiple partners on camera solutions and is jointly developing critical parts such as robotic hands and joint motors. Mass production is set to begin in 2026, with supply volumes projected to grow tenfold annually.
LG Innotek also focuses on expanding its chip component business, aiming to surpass 3 trillion won ($2 billion) in sales by 2030. The company prioritizes high-end markets such as AI servers to grow its flip-chip ball grid array (FC-BGA) business into a trillion-won segment. FC-BGA is an advanced packaging technology that enhances chip connectivity, making it a crucial component for AI and automotive applications.
The company has already started mass production of FC-BGA components for PCs and plans to extend production to server applications later this year. Moon revealed that LG Innotek has secured supply deals with two major global tech firms and is manufacturing these components at its “Dream Factory” in Gumi. A third deal is expected soon, with mass production scheduled for next year.
Although humanoid robot component production will start on a small scale next year, Moon projected a tenfold increase annually from 2027 to 2028. The market for humanoid robots is expected to grow rapidly, driven by global tech giants like Nvidia, Tesla, and Meta, which are investing in this emerging sector. LG Innotek sees this business as a key growth driver and has already partnered with leading humanoid robot firms, with further details to be revealed after significant milestones.
LG Innotek is also addressing potential risks from U.S. tariffs on products manufactured in Mexico, where it produces motors, sensors, and camera modules for vehicles. Currently, its customers absorb these tariffs, but the company is negotiating with clients to minimize any future impact. It is also expanding its Mexican facilities to boost production capacity for automotive components
Despite challenges in the electric vehicle market, Moon remains optimistic about long-term demand. He expects the EV industry to recover by the end of the year, creating new opportunities for LG Innotek’s automotive business.
