According to Apple’s recently released Siri Artificial Intelligence (AI) strategy, demand for replac..
https://www.mk.co.kr/en/stock/12074116
Publish Date: 2026-06-14 20:59:00
Source Domain: www.mk.co.kr
- Increased demand for new iPhone replacements due to Apple’s implementation of on-device AI functions in the iPhone 18 series, driving parts sector benefits.
- Analysts expect LG Innotek, a major iPhone parts supplier, to significantly benefit from higher iPhone shipment demand driven by Apple’s Siri AI strategy.
- LG Innotek’s stock has experienced substantial growth; its stock price rose over 41% in one month, outperforming the KOSPI’s increase of 8.41% over the same period.
- Anticipation of higher earnings for LG Innotek is fueled by the significant demand for semiconductor substrates and favorable relations with Apple.
- Analysts from KB Securities predict LG Innotek to achieve its highest performance in four years, estimating an operating profit of 1.3 trillion won for this year, and further growth to 1.6 trillion won next year due to Apple’s expanding AI ecosystem.
- Apple’s strategy includes boosting memory capacity in high-end models and maintaining stable iPhone prices, focusing more on market share expansion than short-term profitability.
- Recent record highs have caused LG Innotek’s stock to drop significantly from its peaks but remain strong with year-to-date increases of 287%.
