Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

“Nexlim”, the world's thinnest magnetic component, LG Innotek Wins ‘Edison Awards’, the Most Prestigious Invention Award in the US

This image opens in the lightbox

News provided by

LG Innotek

27 Apr, 2023, 08:21 GMT

Share this article

Share toX

Share this article

Share toX

  • 7mm magnetic component for TV power module…opening the era of 2cm ultra-slim/ultra high-definition TV
  • The key is 'High-efficiency Ferrite (X-2)' independently developed by utilizing AI
  • 40% reduction in energy loss, 3 times increase in power density…Enabling slim magnetic component
  • "Advanced development of future innovative materials will be continued…Differentiated customer value will be created"

SEOUL, South Korea, April 27, 2023 /PRNewswire/ -- On the 27th, LG Innotek (CEO Jeong Cheol-dong) announced on winning the US 'Edison Awards 2023' with the magnetic component evaluated to open the new era of ultra-slim and ultra high-definition TV.

'Edison Awards' is the most prestigious invention award in the US, which has held since 1987 to honor the innovative spirit of the inventor Thomas Edison. It is also referred to as the 'Oscars of Innovation'.

Continue Reading
This image opens in the lightbox
World’s first commercial magnetic component, ‘Nexlim’, created by LG Innotek
This image opens in the lightbox
‘Ferrite (X-2)’, high-efficiency magnetic material used as a main material in ‘Nexlim’

More than 3,000 judges composed of executives and scholars from industrial fields across the US participates for strict review and evaluation conducted for over seven months. Gold, silver, and bronze winners are chosen annually in 16 fields.

At this year's awards ceremony held on the 20th, LG Innotek's world's thinnest magnetic component, 'Nexlim' was selected as the Bronze Award winner in the 'Commercial Technology' field.

Nexlim is a magnetic component that is mounted on the TV power module, vehicle power and chargers to change the voltage, or to perform the role of removing unnecessary signals that are generated from the current waves. It plays an important role of minimizing the power loss from heat generation to increase the energy efficiency of electronic products and electric vehicles.

As it was forecasted from 2018 that ultra-slim·high-definition TV with bigger screen and thinner size will increase in popularity in the market, TV manufacturer are facing difficulties in the product design. To realize TV specification of large screen and high-definition to the level preferred by the consumers, magnetic components had to be increased more than 3 times, and reducing the TV thickness at the same time was technologically impossible.

This is the reason why the main topic in the industry at that time was the development of an ultra-thin magnetic component to replace the existing magnetic component that occupies half of the overall TV thickness.

LG Innotek predicted this trend in the electronics industry in 2017 and has focused on developing the ultra-thin magnetic component. As a result, LG Innotek succeeded in commercializing 'Nexlim' magnetic component with 9.9mm in thickness. After the successful development, this technology was enhanced even more to lessen the 'Nexlim' thickness to 7mm last year.

The key to minimize the thickness of this magnetic component was the 'High-efficiency Ferrite' that is used as the main material in 'Nexlim'. LG Innotek independently developed and applied the ferrite magnetic material (X-2) in 'Nexlim' to reduce the energy loss up to 40% compared to other general magnetic materials, and to increase the power density by 3 times.

Research Fellow Bae Seok, developer of Nexlim explained that "By introducing the simulation system utilizing AI, we were able to find the optimum material composition ratio for maximizing the ultra-low loss and high efficiency performance in just 6 months," and added "The inductor and transformer, parts for converting the power in the magnetic component, was integrated into one part to lessen the thickness of the magnetic component even more."

The advent of ultra-thin magnetic components such as Nexlim has made it possible to reduce the TV power module thickness to as little as 7.2~9.9mm. Through this innovative development, ultra-thin TV with an overall thickness of only 15~19.9mm has now become a reality.

Meanwhile, LG Innotek recently succeeded in developing the third-generation ferrite magnetic material (X-3) based on the original technology on the magnetic components that was secured during the development of Nexlim. Energy loss can be cut up to 30% more than the X-2 applied in Nexlim, and it is expected to play a decisive role in miniaturizing the vehicle components when X-3 is applied to electric vehicles.

"With this Edison Award winning, LG Innotek has once again presented its unrivaled technology in the magnetic material & component field to the global customers," said Kang Min-seok, CTO of LG Innotek. He also added, "We will continue to invest in the advanced development of future innovative materials and take the lead in creating differentiated customer value." 

Photo - https://mma.prnewswire.com/media/2064522/1_LG.jpg
Photo - https://mma.prnewswire.com/media/2064523/2_LG__________________X_2.jpg
Logo - https://mma.prnewswire.com/media/1681506/Logo.jpg

Modal title

Also from this source

LG Innotek Unveils World's First Automotive 5G Broadband Satellite Communication Module

LG Innotek Unveils World's First Automotive 5G Broadband Satellite Communication Module

LG Innotek has unveiled the world's first Automotive 5G Communication Module with satellite connectivity, enabling high-speed communication anywhere, ...

LG Innotek earns "Leadership A" grade for second year in a row in CDP's Global Climate Change Response Assessments

LG Innotek earns "Leadership A" grade for second year in a row in CDP's Global Climate Change Response Assessments

LG Innotek (CEO Moon Hyuksoo) announced that it has been awarded the 'Leadership A grade' in the 2024 Carbon Disclosure Project (CDP) Climate Change...

More Releases From This Source

Explore

Semiconductors

Semiconductors

Computer & Electronics

Computer & Electronics

Electronic Components

Electronic Components

Computer Hardware

Computer Hardware

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.