Overview
- Mass production began in November for a major global smart‑card maker, following a supply agreement with a manufacturer in France, according to the company.
- LG Innotek estimates the plating‑free process cuts manufacturing CO2 by about 50%, or roughly 8,500 metric tons a year, which it equates to planting about 1.3 million trees.
- The company reports about a threefold gain in durability, aimed at reducing read errors in high‑use cards for financial institutions and government IDs.
- Around 20 domestic patents have been secured for the technology, with registrations being pursued in the United States, Europe and China.
- LG Innotek describes the material as a first in the industry and is pitching it to overseas customers as smart‑card demand rises, with the market projected to grow from $20.3 billion in 2025 to $30.6 billion by 2030.