The stock price, which is a beneficiary of Apple, is rising thanks to the pre-order of Apple’s iPhone 14.
As of 9:43 am on the 13th, LG Innotek is trading at 357,500 won, up 20,000 won (5.93%) from the previous trading day.
The news that the iPhone 14 series is doing well in advance reservations is believed to have had an impact on the share price.
The stock market predicted that parts stocks would continue to benefit from the launch of the iPhone 14. LG Innotek supplies smartphone camera modules to Apple as a representative ‘iPhone beneficiary’.
Kim Dong-won, a researcher at KB Securities, said, “In the last four quarters, LG Innotek’s optical solution orders for iPhone 14 have increased by 30-40% compared to the previous quarter. The situation is expanding,” he said.
Reporter Eunji Cha, Hankyung.com [email protected]