In particular, strong demand for the iPhone 15 series in China, fueled by Apple's aggressive promotions there, boosted shipments of LG Innotek's camera modules.

LG Innotek will spend almost $1 billion at one of its facilities to build additional camera module production line for Apple's iPhone models.

With Apple set to introduce Apple Intelligence in its iPhone 16 series, the South Korean industry and securities sector are hopeful that LG Innotek, Apple's camera module supplier, can benefit ...