LG Innotek CEO Moon Hyuk-soo, center, poses with North Gyeongsang Province's deputy governor of economy, Yang Geum-hee, left, and Gumi Mayor Kim Jang-ho after signing a memorandum of understanding on the company's investment during a ceremony at Gumi City Hall, Tuesday. LG Innotek will invest 600 billion won ($408.2 million) in its plant in Gumi to expand facilities for flip chip ball grid arrays, chip packaging platforms and camera modules. Courtesy of LG Innotek