Power in the Air
LG Innotek (CEO Lee Ung-beom) is mass-producing power transmission modules to target the wireless charging parts market.
The company announced that it has provided power transmission modules for wireless smartphone charging pads to a smartphone accessory manufacturer in the U.S. since the end of February.
LG Innotek has been providing power transmission modules for wireless charging to global smartphone companies since 2012 including LG Electronics, Motorola, and Kyocera. It first worked with the development of the Google Nexus 4.
Based on a technology allowing the company to enter the market quickly, and the ability of the IT materials and parts business, the company will dominate the power transmission module market in advance.
The company completed the entire process with its own technology, from the development of wireless charging materials and module design, to the production of complete products. It secured core technologies through the technology acquired in the IT materials and parts industry, such as smartphones, displays, and materials and components. Along with the magnetic induction method, LG Innotek can also produce technology that uses the magnetic resonance method, which can charge more than two devices at long range.
The wireless charging pads built with LG Innotek transmission modules are high-performance products with a 70 percent charging efficiency. They are 11.4 mm slim and look like a teacup saucer. The product acquired the “Qi” wireless charging standard from the Wireless Power Consortium. The wireless charging transmission module will be utilized in order to build charging infrastructure into things like office desks, coffee shop tables, and kitchen furniture.
Marketing research company TSR expects that the transmission sector in the global wireless charging market will grow to US$269 million (291.84 billion won) this year, while the reception sector will grow to US$284 million (308.11 billion won). Also, the figures will increase further to US$1.37 billion (1.13 trillion won) and US$980 million (1.06 trillion won), respectively, in 2019.