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.
