Press Release

The core divisions of LG’s VC Company are currently in the process of relocating to the new campus. All three of the VC Company’s divisions - In-Vehicle Infotainment (IVI); Heating, Ventilation, Air Conditioning & Motor (H&M); Vehicle Engineering (VE) - will all call the Incheon complex home.

Some of the exciting new automotive technologies that will be developed at the campus include the next generation of vehicle components, hybrid car components, in-car infotainment systems, motor components and compressors for automotive heating, ventilation and air conditioning (HVAC) systems.

With a variety of testing and research facilities, LG’s Incheon campus will enable the newly established VC Company to streamline R&D. The site features four main buildings: a laboratory for the creation of integrated engineering solutions for product design, a manufacturing building for the construction and testing of key products and technologies, a testing facility for assessing the performance, durability, and energy efficiency of new automotive components, and an environmental testing facility for the measurement of product performance and durability under various simulated climatic and weather conditions.

“The centralization of auto component R&D at the Incheon campus will help to energize LG’s VC Company, allowing it to become a dynamic engine for growth moving forward,” said Woo-jong Lee, president and CEO of the LG Electronics VC Company. “We will strengthen our position in the global vehicle component industry by investing in, and ultimately developing, the next generation of automotive components.”

# # #