LG Innotek develops AI-powered component recommendation system

LG Innotek has developed an AI-powered system that recommends components for new products after two years of development. The system analyzes more than 2 million components, compares specifications and prices, and uses purchase records and market trends to suggest a current price range. LG Innotek said the tool cuts price-setting time to about two hours and reduces the time needed for new-product pricing by 70 percent.

LG Innotek said the system searches its database of more than 2 million components when users enter required specifications.

The system uses actual purchase records and price trends of similar components to suggest a reference price range.

LG Innotek said the reference prices showed an accuracy rate of more than 96 percent.

The company said the new system reduced the time required to calculate prices for new products by 70 percent.

LG Innotek said employees can use the saved time to review customer requirements in greater detail and improve proposal quality.

Published Sep 20, 2026 12:07 pm KST

LG Innotek headquarters in western Seoul / Courtesy of LG Innotek

LG Innotek has developed an artificial intelligence (AI)-powered system that recommends components suitable for use in new products, the company said Sunday.

Completed recently after two years of development, the system analyzes vast amounts of internal and external component data using AI and allows users to compare specifications and prices at a glance.

LG Innotek’s key products include camera modules, semiconductor substrates and automotive components, each of which can contain hundreds of individual parts. By using AI to speed up component selection while considering both price and performance, the company expects to strengthen its competitiveness.

When users enter the specifications they need, the system searches through the data of more than 2 million components in its database and suggests parts with similar specifications. By providing information on components previously purchased by LG Innotek and from the external market, the system significantly broadens the search domain.

A distinctive feature of the system is its reference price function. The AI analyzes actual purchase records and price trends of components with similar specifications to suggest a current price range. The company said the reference prices showed an accuracy rate of more than 96 percent.

The prices of industrial components vary depending on purchase volume, contract terms and timing. Previously, employees had to check quotations from numerous suppliers and research market prices to find competitively priced components, consuming significant time and manpower, but the new system allows prices to be determined within about two hours.

LG Innotek said the system has reduced the time required to calculate prices for new products by 70 percent. The company expects employees to use the time saved to review customer requirements in greater detail and improve the quality of proposals.

“The AI component recommendation system is an optimized program for manufacturers and a meaningful innovation that fundamentally changes the conventional way of working,” an LG Innotek official said. “We will continue to deliver value beyond customer expectations through AI transformation.”

经过两年的研发，LG Innotek 开发出一套人工智能系统，可为新产品推荐组件。该系统分析超过 200 万个组件，比较其规格和价格，并利用采购记录和市场趋势来预测当前的价格范围。LG Innotek 表示，该工具可将定价时间缩短至约两小时，并将新产品定价所需时间减少 70%。

LG Innotek 表示，当用户输入所需规格时，该系统会在其包含 200 多万个组件的数据库中进行搜索。

该系统利用实际采购记录和类似组件的价格趋势来建议参考价格范围。

LG Innotek表示，参考价格的准确率超过96%。

该公司表示，新系统将计算新产品价格所需的时间减少了 70%。

LG Innotek 表示，员工可以利用节省下来的时间更详细地审查客户需求，从而提高方案质量。

发布于2026年9月20日下午12:07（韩国标准时间）

LG Innotek位于首尔西部的总部 / 图片由LG Innotek提供

LG Innotek公司周日表示，该公司已开发出一种人工智能（AI）驱动的系统，该系统可以推荐适合在新产品中使用的组件。

该系统历经两年研发，近期已完成，它利用人工智能分析大量的内部和外部组件数据，使用户能够一目了然地比较规格和价格。

LG Innotek 的主要产品包括摄像头模组、半导体基板和汽车零部件，每款产品都包含数百个独立部件。该公司希望通过利用人工智能技术，在兼顾价格和性能的前提下加快零部件选择速度，从而增强其竞争力。

用户输入所需规格后，系统会在其数据库中搜索超过200万个组件的数据，并推荐规格相似的组件。通过提供LG Innotek先前采购的组件以及来自外部市场的组件信息，系统显著扩大了搜索范围。

该系统的一大特色是其参考价格功能。人工智能会分析实际采购记录和规格相似的零部件价格趋势，从而给出当前价格范围。该公司表示，参考价格的准确率超过96%。

工业零部件的价格会根据采购量、合同条款和交货时间而有所不同。以前，员工需要核对众多供应商的报价并调查市场价格才能找到价格具有竞争力的零部件，这耗费了大量时间和人力，但新系统可以在大约两小时内确定价格。

LG Innotek表示，该系统已将新产品定价所需时间缩短了70%。公司希望员工能够利用节省下来的时间，更详细地审查客户需求，并提高方案质量。

LG Innotek一位负责人表示：“人工智能组件推荐系统是为制造商量身定制的优化方案，也是一项意义重大的创新，它从根本上改变了传统的工作方式。我们将继续通过人工智能转型，为客户创造超越预期的价值。”