LG Innotek Co (XKRX:011070) Research & Development : ₩535,312 Mil (TTM As of Mar. 2024)

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What is LG Innotek Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. LG Innotek Co's Research & Development for the three months ended in Mar. 2024 was ₩131,104 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ₩535,312 Mil.

LG Innotek Co Research & Development Historical Data

The historical data trend for LG Innotek Co's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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LG Innotek Co Research & Development Chart

LG Innotek Co Annual Data

Trend

Dec14

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Dec23

Research & Development

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40,073.00

328,462.26

408,632.90

570,608.02

539,301.19

LG Innotek Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial															135,093.35	143,027.95	133,619.35	127,560.55	131,103.95

LG Innotek Co Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩535,312 Mil.

LG Innotek Co (XKRX:011070) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

LG Innotek Co Research & Development Related Terms

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LG Innotek Co (XKRX:011070) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LG Innotek Co Ltd (XKRX:011070) » Definitions » Research & Development

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Traded in Other Exchanges

N/A

Address

30, Magokjungang, E1/E3, 10-ro, Gangseo-gu, Seoul, KOR, 07796

Website

http://www.lginnotek.com

LG Innotek Co Ltd is a Korea-based company engaged in the manufacturing of materials and components that focuses on mobile, automotive, LED, display, semiconductor and IoT business fields with its core technologies. The company offers mobile products, including camera modules, wireless power chargers, and optical biosensor modules; and automotive products, such as motors and sensors, connectivity, thermoelectric modules, and LED lighting products. It also provides display products, which include photomasks, power modules, digital tuners, and touch panels; semiconductor products consisting of flip chip scale packages, chip on films, wireless modems, routers, and electronic shelf labels.

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