LG Innotek's Vietnam subsidiary celebrates its 10th anniversary, reaching $25 billion in cumulative revenue and cementing its role as the company's largest global production hub.
LG Innotek's Vietnam subsidiary reached its 10th anniversary with cumulative investment of approximately USD 1.9 billion and cumulative revenue of approximately USD 25 billion, solidifying its position as the company's largest global manufacturing hub.
LG Innotek marks a decade of operations in Vietnam, establishing the facility as its primary global manufacturing base. The subsidiary has generated $25 billion in cumulative revenue since mass production commenced in 2017, supported by a total investment of $1.9 billion.
The Vietnam facility is LG Innotek's largest global manufacturing hub, contributing significantly to the company's output and regional industrial competitiveness.