UPDATED. 2024-03-04 07:29 (월)
LG Innotek to see more folded zoom actuator orders from Apple
LG Innotek to see more folded zoom actuator orders from Apple
  • Gijong Lee
  • 승인 2023.12.07 18:19
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As iPhone maker to apply tech to more models next year
Image: Apple
Image: Apple

LG Innotek is expected to see its share in folded zoom OIS actuator in Apple’s supply chain grow next year as the iPhone maker is expected to apply the technology to two models in the iPhone 16 series.

Cupertino applied folded zoom to only the iPhone Pro Max model in its latest iPhone 15 series.

The South Korean component maker was the sole supplier of the modules.

Besides modules, for actuators used with them, LG Innotek has around 70% market share while compatriot Jahwa Electronics holds around 30%.

For iPhone 15, both South Korean companies struggled to secure production yields but this has improved over time since the phones launched.

This means Apple will most likely place more orders to LG Innotek, which it seems to rely on more than Jawha when it comes to yield, to make sure production of iPhone 16 is not disrupted.

This is bad news for Jawha as it spent 191 billion won between 2022 and this year to expand its ball guide actuator production capacity, but it has accrued 51.9 billion won in operating loss this year up to the third quarter.

Jawha co-developed its ball guide actuator technology with Samsung Electronics and Samsung Electro-Mechanics. It still supplies them also to Samsung.

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