LG Innotek CEO Moon Hyuk-soo Expected to Keep Post in Year-End Reshuffle

Moon Hyuk-soo is expected to keep his position as CEO of LG Innotek in LG Group's year-end executive reshuffle, according to a report by bloter.net. The report also noted that LG Innotek currently has no executive vice president rank among its full-time executives, drawing attention to whether one will be promoted in the reshuffle.

Noh Seung-won heads the optical solutions business and Cho Ji-tae heads the package solutions business, both at executive director level. The optical solutions business posted 4.5179 trillion won in second-quarter revenue, up 48% year-on-year.

Background

Moon became CEO at the executive vice president level in late 2023 and was promoted to president in late 2024. In March 2025, LG Innotek said it was mass-producing and supplying FC-BGA to two global big tech customers and planned to supply a third from this year. In June 2025, Cho Ji-tae announced a mid-to-long-term strategy targeting over 3 trillion won in revenue by 2030 and 1 trillion won in operating profit by 2031. Last year, FC-BGA revenue was around 50 billion won out of 1.72 trillion won in total package solutions revenue, and the package solutions business posted 128.9 billion won in operating profit, up 82% from the previous year.