LG Innotek (KRX:011070) approved a facility investment worth 341.1 billion won to expand its optics solution division, the electronic component manufacturer said in a Thursday filing with the Korea Exchange.
The investment is equivalent to 6.4% of the firm's equity capital. The project will run from Nov. 27, 2025, to Dec. 31, 2026, the release said.
Shares of the company fell nearly 1% at market close.
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