LG Innotek to Supply Cutting-Edge Automotive Wi-Fi 7 Communication Module to a leading European automotive parts company - Order value of approximately USD 68M with mass production to begin in 2027 - Offering data transmission speed three times faster, with no speed degradation even with multiple devices connected simultaneously - Changing perception of car considered as 'a second living space'…Trend enhancing growth of Automotive Wi-Fi market, expected to grow 9.6% annually SEOUL, South Korea, April 20, 2026 /PRNewswire/ -- LG Innotek (CEO Moon Hyuksoo) announced on the 20th of this month that it will supply its Automotive Wi-Fi 7 Communication Module, featuring cutting-edge Wi-Fi technology, to a leading European automotive parts company. The order is worth approximately USD 68M. Mass production of the module will begin in 2027. LG Innotek's Automotive Wi-Fi 7 Communication Module will be integrated into Audio, Video, and Navigation(AVN) systems, which will then be delivered to the global OEM customer. By commercializing its first Automotive Wi-Fi 7 communication module from 2005, LG Innotek expects to cement its leading position in the global automotive connectivity solution market. LG Innotek's Automotive Wi-Fi 7 Communication Module supports an ultra-wide bandwidth of 320MHz, doubling the bandwidth per channel (width of the path radio waves travel) compared to existing Wi-Fi 6E (6th Generation Extended) modules. Consequently, data throughput and transmission speeds are three times faster than before. The module is also equipped with 4K-QAM technology which increases the data processing quantity by 20%. Furthermore, LG Innotek designed the module to support up to two antennas by applying Multiple-Input Multiple-Output(MIMO) technology which helps significantly reduce signal loss. A single antenna might miss some signals while handling data transmission, whereas if there is another supplementary antenna, all those missed signals can be covered. This is the reason why several devices, connected at the