Key points:
·ITM Semiconductor has secured an order from the major South Korean tobacco group KT&G for their new heated tobacco product "Lil Hybrid 4.0."
·The new product is scheduled to be launched in 2026 with significant upgrades in functionality.
·ITM Semiconductor will expand its domestic and international product line of heated tobacco devices to solidify its position as the largest supplier of heated tobacco products for KT&G.
【2Firsts News Flash】According to a report from Metro Seoul on July 28th, ITM Semiconductor has successfully secured an order for the new heated tobacco product "Lil Hybrid 4.0" from the South Korean tobacco conglomerate KT&G.
In mid-July, ITM Semiconductor signed a supply contract with KT&G for Lil Hybrid 4.0 and announced the news on the 28th.
The new product that received the order is planned to be launched in 2026. Compared to existing models, its features have been significantly upgraded, including super fast charging, shortened preheating time, increased liquid capacity, and a pod function that displays the remaining amount.
Therefore, the company is accelerating the upgrade of its tobacco product production technology to meet customers' new demands. With this new order, ITM Semiconductor is poised to further expand its range of heating tobacco product equipment for both domestic and global markets, significantly increasing pod production.
In particular, through this contract, ITM Semiconductor has secured orders for Lil Hybrid 4.0, in addition to ensuring the production of the current Lil Hybrid 3.0 and future products for the global market. This further solidifies their position as the supplier with the most orders for heated tobacco products among KT&G's partner companies.
ITM Semiconductor's heated tobacco product business achieved sales of 117.2 billion Korean won (approximately 100 million US dollars) last year, representing a 22% year-on-year increase. With products from previous orders set to be produced starting in the second half of 2025 and full supply of all models expected to begin in 2026, the company is poised to achieve substantial growth in sales.
Representative of ITM Semiconductor, Mr. Nahevi, stated:
“The heated tobacco product business has been rapidly growing each year, driving the overall performance of the company. We will strive to achieve future growth and increase shareholder value through continued business diversification and new technology development.”
We welcome news tips, article submissions, interview requests, or comments on this piece.
Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn
Notice
1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.
2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.
3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.
4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.
Copyright
This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.
For copyright-related inquiries, please contact: info@2firsts.com
AI Assistance Disclaimer
This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.
We welcome any corrections or feedback. Please contact us at: info@2firsts.com
