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LG Innotek to Foster Automotive Lighting Module into a Business worth Trillions of Dollars

LG Innotek will accelerate its targeting of the global automotive lighting module market with 'Nexlide (Next Lighting Device)' to commemorate the 10-year anniversary of its commercialization this year.

LG Innotek's automotive flexible 3D lighting module, 'Nexlide' is rated as a next-generation vehicle lighting solution in line with aforementioned trend of future mobility, receiving interest from global car makers.

'Nexlide' can be freely applied to various areas of a vehicle such as daytime running lights, RCL (Rear Combination Lamp, including tail lights, stoplights, and turning lights), etc.

LG Innotek unveiled a total of 9 line-ups, starting with the mass production of 'Nexlide-A' in 2014 and concluding with 'Nexlide-M', which was successfully developed last year and recently commenced mass production. 'Nexlide' is installed on 88 car models of 9 car manufacturer brands around the world, including North America, Europe, Japan, China, and Korea, and can be seen on roads in all corners of the globe.

'Nexlide' showed a sharp growth in annual average sales of 47% for the past decade, and was reborn as the major product of LG Innotek's electronic components business. The cumulative orders 'Nexlide' won last month was a staggering 146 orders.

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