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LG Chem Targets 2 Trillion Won in Semiconductor and Automotive Electronics Materials Revenue by 2030

What happened

LG Chem aims to double its electronic materials revenue to 2 trillion won ($1.5B) by 2030, focusing on semiconductors and automotive electronics. The plan involves expanding into non-memory packaging materials and strengthening its portfolio for EVs and autonomous driving. Neutral: This is a long-term corporate strategy announcement with no immediate impact on component supply, pricing, or availability.

Impact and signal

Low impactImpact score: 10/100

Affected components and suppliers

CCLDAFPIDThermal Conductive Adhesives
LG Chem Ltd.
R&Dcapacity-expansionmarket-strategy

Source and time

Source: The Elec · 3/30/2026 · View original source

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