LG Innotek, ‘80% of Apple Sales,’ Inventory Increases by Over 1 Trillion Won in One Year… ‘Green Light’ for Earnings Expansion

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LG Innotek, an electronics components subsidiary of LG Group, recorded inventory assets in the first half of this year that surged by over 1 trillion won in the past year, approaching 2.5 trillion won. In particular, finished products and merchandise secured for sale rose by 123.8%, accounting for 88.7% of the total increase. A sharp rise in product and merchandise inventory is typically considered a signal of deteriorating business conditions, …