Rising Star at LIGHTFAIR International 2013: LG Innotek Leverages 4th Position in Global LED Sales to Disrupt Lighting Industry

PHILADELPHIA, April 24, 2013 /PRNewswire/ -- LG Innotek, an affiliate of LG Group, today announced plans to showcase its portfolio of superior LED lighting solutions at LIGHTFAIR^® International 2013.  Now exceeding 170 lumens/watt, LG Innotek's mid-power packages (5630HE and 5152HE) provide outstanding optical efficiency, while the expansion of its package production capacity ensures ongoing competitiveness in the growing LED market.

Since entering the lighting market in 2010, LG Innotek has expanded its portfolio to feature a broad selection of LED products that support virtually any illumination need, from LED packages to integrated solutions for lighting OEMs. In less than two years time, LG Innotek has supplied modules and packages to the world's largest light OEMs, and currently ranks fourth in global LED package sales. LG Innotek offers the broadest range of LM80 certified mid-power packages, ranging from 50mA to 280mA.

"Within the short amount of time the LED industry has existed, we've built solid credibility by offering proprietary vertical LED technology, and perfecting the manufacturing capabilities on which we can scale and continue to grow," said Harry Kang, Vice-President, Lighting Business Division, LG Innotek. "As we look towards the future of LED, we're committed to developing our mid-power, high-power and COB product portfolio, and building products designed to meet the needs of a wide range of applications, including indoor and outdoor lighting."

Earlier in 2013, LG Innotek launched a worldwide strategic partnership with Future Lighting Solutions, a division of Future Electronics known for its extensive LED expertise, design support services, and business solutions. The partnership marries Future Lighting Solutions' 13 years of experience, global sales and engineering organization within the LED industry to LG Innotek's technology innovation and manufacturing capabilities—positioning both companies to maintain leading positions within LED market for years to come.

"Our partnership with Future Lighting Solutions gives us the capability to offer world class experience and solutions in lighting, powered by our leading LED technology. Together, we will continue to provide customers unparalleled access to our wide range of products," said Lawrence Madanda, Senior Director of Business Development, Lighting Business Division, LG Innotek.

LG Innotek produces over 2.5 billion LED chips a month at its Paju, South Korea factory, the world's largest LED production capability for a single facility in the industry. By continuing to expand its package production capacity throughout the next few years, LG Innotek can maintain or improve its rank in industry sales.

LG Innotek will be available for meetings at LIGHTFAIR International 2013 at booth #2659. For more information about LG Innotek, visit ledlighting.lginnotek.com.

About LG Innotek, Inc.

LG Innotek is a global specialized materials and components manufacturer and an affiliate of LG Group. LG Innotek, established in 1970, recorded about USD 4.1 billion (4,5 trillion won) in sales in 2011 and works with around 19,000 employees worldwide in 22 operations. LG Innotek is pouring its energy into the core material and parts of the technology advanced industry, including LEDs, PCBs, Mobiles, Displays, Networks, Automotive, etc. In addition, LG Innotek is adding fresh fuel to the development of future eco-friendly material and parts like solar cells, electric car parts, etc. For more information, visit ledlighting.lginnotek.com.

SOURCE LG Innotek, Inc.