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LG Innotek's 'Nexlide' drives automotive lighting growth

Source: LG Innotek

Seoul, South Korea - LG Innotek is intensifying its global automotive lighting module market efforts with its 'Nexlide' product. 

Since 2014, the company has released nine flexible three-dimensional lighting module versions. 

Nexlide has been installed on 88 car models worldwide, with 146 cumulative orders. 

The latest iteration of the Nexlide product line, designated as the "Nexlide-M," is 30% thinner and four times brighter than previous models. 

LG Innotek has set a goal of developing pixel lighting for vehicle communication by 2025 and plans to expand its reach to electric vehicle manufacturers. 

The global automotive lighting market will expand from $21.9 billion in 2022 to $32.1 billion by 2030. 

LG Innotek has an opportunity to capitalize on this growth.