LG Chem to double chip materials business by 2030

LG Chem said Monday it will double its electronic materials business to 2 trillion won (1.3 billion) by 2030, accelerating a portfolio shift toward high-value advanced materials. The move comes as demand surges for materials tied to artificial intelligence infrastructure and electric vehicles. LG Chem has identified semiconductors, electronic materials and next-generation displays as its core growth areas.