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Samsung Electro-Mechanics, LG Innotek Surge 14% on Aug 5 as AI Component Rally Resumes

GateNews
StocksAI Industry News

According to News1, Samsung Electro-Mechanics (ticker 009150) and LG Innotek (ticker 011070) surged over 14% on August 5, 2026, driven by strong demand for AI infrastructure components. Samsung Electro-Mechanics closed at 1.356 million Korean won, up 14.43%, while LG Innotek finished at 601,000 Korean won, up 14.48%.

Samsung Electro-Mechanics reported second-quarter revenue of 3.46 trillion won and operating profit of 440.4 billion won, up 24% and 106.7% year-over-year. LG Innotek posted Q2 revenue of 5.53 trillion won and operating profit of 245.8 billion won, up 41% and 2,057% year-over-year, with gains driven by expanded supply of semiconductor packaging substrates and robot components for AI accelerators and servers.

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