2021-08-06

Seoul Semiconductor Reports Second Quarter Operating Profit Up 70% on Year

Reported KRW 336.8 billion revenue for the second quarter 2021, all-time historical high quarterly revenue and second quarter operating profit recorded KRW 23.4 billion, up 70% on year First half net profit was KRW 43.9 billion, higher than 2020 full year net profit of KRW 29.0 billion Active Capex investments to meet strong upcoming demands and Seoul Semiconductor expects 3% to 9% YoY growth for the third quarter 2021 while YTD revenue is expected to reach over KRW 1 trillion in September   ANSAN, South Korea – Seoul Semiconduct...
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2021-07-08

Seoul Semiconductor Records All-time High Second Quarter Revenue, Up by 25% YoY

ANSAN, South Korea (July 7, 2021) – Seoul Semiconductor Co., Ltd. (“Seoul”) (KOSDAQ 046890), a leading global compound semiconductor provider, announced today that it recorded all-time high consolidated revenue of KRW 335 billion in the second quarter, growing by 25% year-on-year. Overall sound growth continued again in the second quarter across all divisions including IT (Back Light Unit), LT (General Lighting), AM (Automotive). The AM division led the growth, increasing its revenue by nearly 50% year-on-year. Detailed earnings ...
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2021-06-30

Global 10% of Car and 20% of TV Display Use WICOP ‘Permanent Injunction against 13 Brands Infringing WICOP Patents’

ANSAN, South Korea – Seoul Semiconductor Co., Ltd. (KOSDAQ 046890), a leading global innovator of LED products and technology, announced that the New Jersey District Court issued a consent judgment and permanent injunction for infringement of twelve Seoul Semiconductor patents against 13 automotive lighting brand LED products being sold through automotive parts’ distribution channels.   WICOP is a revolutionary patented technology that is compactly designed with easy lens attachment without wire bonding or packaging, thus delivering high...
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2021-05-25

Seoul Semiconductor’s SunLike Natural Sun Spectrum Installed in Prestigious INRAE French Laboratories

ANSAN, South Korea – Seoul Semiconductor Co., Ltd. (KOSDAQ 046890), a leading global innovator of LED products and technology, announced that its SunLike natural sun spectrum LEDs have been selected for horticultural lighting in agriculture laboratories of INRAE, l'Institut national de recherche pour l’agriculture, l’alimentation et l’environnement, located in France.   In cooperation with GreenHouseKeeper, one of the most well-known companies in the horticulture and plants research field in France, the compa...
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2021-04-07

Seoul Semiconductor Achieves Historical High First Quarter Revenues Increased by 28.3% YoY

Continued to record over KRW 300 billion for three consecutive Recorded the highest first quarter consolidated revenue at KRW 312 billion Expected to grow by another double-digit in the second quarter Secured a foundation for sustainable growth with leading 2nd generation patented LED technologies Company will report details of the first quarter earnings and a sales guidance for the second quarter at the end of April   ANSAN, South Korea (April 7, 2021) – Seoul Semiconductor Co., Ltd. (“Seoul”) (KOSDAQ 046890), ...
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2021-01-11

Seoul Semiconductor and Seoul Viosys Introduce Four Application Solutions Applied the World’s First LED Technologies at CES 2021

ANSAN, South Korea – Seoul Semiconductor Co., Ltd. (“Seoul”) (KOSDAQ 046890) and Seoul Viosys (KOSDAQ: 092190), the leading global compound semiconductor providers, announced that they participate in the world’s largest consumer electronics trade show ‘All Digital CES 2021’ from January 11 to 14 (EST), and introduce four application solutions with the world’s first LED technologies. Under the theme of ‘Light Everywhere’ and the concept of ‘Light for every moment’, Seoul Semiconduc...
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2020-09-04

Everlight to Take Legal Action against Seoul Semiconductor for Spreading False Information

LED package company Everlight reported that Seoul Semiconductor has shared false information regarding the case of misappropriation.  The Korean Suwon District Court convicted three former Everlight employees of misappropriation of Seoul Semiconductor’s trade secret. In response to the issue, Everlight said it will file an appeal. Everlight noted that the press release of Seoul Semiconductor include misleading false information. (Image: LEDinside) Firstly, Everlight was sentenced only 3% of the maximum criminal fine permitted under Korean law, whi...
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2020-07-13

【UPDATE】Everlight and Epileds Wins Patent Lawsuit in Germany

Taiwan based LED packager Everlight and LED chip manufacturer Epileds announced that they won a patent litigation against Seoul Semiconductor in Germany and the Korean company’s patent was ruled invalid. On March 14, 2018, the patent litigation strategy alliance of Everlight and Epiled filed a nullity action against Seoul Semiconductor in the German Federal Patent Court. The party claimed that Seoul’s Europe patent EP1697983 (German patent DE60341314.5) should be invalid. The patent-in-suit is related to the surface roughness technology of verti...
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2020-07-07

Seoul Semiconductor’s SunLike Natural Spectrum LEDs Adopted by Fiberli Grow Light for Horticulture Projects in Turkey

Seoul Semiconductor announced that its SunLike Series natural spectrum LEDs have been adopted for horticulture LED lighting by the Turkey-based lighting solution company Fiberli. While it is well known that natural sunlight is one of the key factors in growth cycle of a plant, most growers cultivating a variety of crops under sunlight have experienced difficulties in regulating their growth cycles due to adverse seasonal conditions. Replacing sunlight with LED lighting that closely matches natural sunlight enables growers to control the growth cycles and development of a...
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2020-05-19

Seoul Semiconductor Files Patent Lawsuits against Automotive LED Light Distributor in the U.S.

Seoul Semiconductor has filed a patent infringement lawsuit in the United States District Court for the District of New Jersey against an automotive component distributer Onyx Enterprise International. According to Seoul Semiconductor, Onyx distributes various automotive LED lights on its online platform “CARiD.com,” which offers car parts and accessories covering automotive headlamps, tail lights and fog lights. The Korean company claimed that automotive LED products being sold on “CARiD.com” infringe 12 patents – including...
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2020-04-29

Seoul Semiconductor Post 1Q20 Financial Results and Expects Revenue Growth with UV LEDs

Seoul Semiconductor updated its business performance of the first quarter of 2020 with a consolidated revenue of KRW 243 billion (US$199.75 million) and operating profit of KRW 6 billion (US$4.93 million). Despite abruption to production facilities for most global manufacturers due to COVID-19, Seoul achieved its guided range of KRW 240 billion to KRW 260 billion in revenues for the quarter. To mitigate manufacturing risks, Seoul has built manufacturing sites in various locations such as Korea, China, Vietnam and in the US. This has helped the company to...
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2020-04-27

LG Innotek to Sell LED Sector and Transfer Business to Wooree E&L and Seoul Semiconductor

LG Innotek has been planning to quit its LED business and a recent report by TheElec, a Korean media, covered that LG Innotek has sold its LED sector and the back light unit (BLU) LED business will be taken over by Seoul Semiconductor and Wooree E&L. Wooree E&L, a LED packager from South Korea, has secured the sales permit from LG Innotek to sell BLU LED of laptops, monitors, TVs and signage to LG Eletronics, Dell and HP via LG Display. The other Korean LED company Seoul Semiconductor is reportedly taking over more ...
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2020-03-17

Seoul Semiconductor’s Former Employee who Leak out Key LED Technology Sentenced to Imprisonment

Korea’s LED company, Seoul Semiconductor, announced that its former R&D employee (“Kim”, age of 40) was found guilty and sentenced to imprisonment as he divulged key LED technology from the company. At the end of February, the Incheon Criminal District Court sentenced eight months in prison, two years of probation and 120 hours of community service to a former R&D employee of Seoul Semiconductor, who resigned in December 2014, charged with the Act on Prevention of Divulgence and Protection of Industrial Technology. The Court sa...
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2020-03-03

Seoul Viosys Reports Increasing Demands in UV LED Technology with Concerns of Coronavirus

Seoul Viosys, a subsidiary of Seoul Semiconductor focusing on UV LED technology, announced that customer inquiries for its violeds UV LED products has increased more than five times over the previous month, fueled by concerns over the continuing global spread of the novel coronavirus (COVID-19). With the growing concerns over the global spread of the coronavirus, numerous automotive companies in China are actively reviewing adoption of Seoul’s violeds UV LED technology in sterilization systems for vehicle interiors. In addition, violeds UV LED techno...
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2020-02-20

CEO of GoodIP: Seoul Semiconductor’s LED Patent Portfolio is Valuable to Fast Growing LED Enterprises

On November 26, 2019, Seoul Semiconductor announced to auction its radio frequency (RF) semiconductor patent portfolio and a high-power LED package patent portfolio. In the first auction, Seoul Semiconductor is seeking the top bidder for 80 patent assets related to power amplifiers and gallium nitride (GaN) RF semiconductors, including 54 U.S. patents. Three of the patents are licensed to the U.S. Air Force or the U.S. Army. In the second auction, Seoul Semiconductor will auction more than 100 patents, including US, European, Chinese, Japanese, and Ko...
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2020-02-14

Seoul Semiconductor Reports Fourth Quarter and Fiscal Year 2019 Results

Seoul Semiconductor published its fiscal 2019 and 4Q19 financial results. The company posted a consolidated revenue of KRW 1129.5 billion (US$ 954.5 million) and operating profit of KRW 49.6 billion (US$ 41.91 million) for 2019. For 4Q19, the consolidated fourth quarter revenue was KRW 280.9 billion (US$ 237.36 million) while the operating profit amounted to KRW 13.9 billion (US$11.75 million). Continuing global economic slowdown due to trade and political conflicts including trade war between the US and China led to the increase of inventory and decrease o...
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2020-01-14

【CES 2020】Seoul Semiconductor to Mass Produce Micro LED Product with Its Proprietary Mass Transfer Technology

This year at CES, Seoul Semiconductor finally revealed its Micro LED series products for the first time ever since the Korean LED maker announced that it has been working on the technology. LEDinside was honored to be invited to Seoul’s private show room at CES and had an interview with Sam Ryu, executive vice president of IT sales at Seoul Semiconductor to learn more about the company’s Micro LED development progress. Seoul Semiconductor is a discreet company, according to Ryu, as a result, the company only unveiled its Micro LED products...
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2020-01-09

【CES 2020】Multi-size Micro LED Displays Revealed by Japan and Korea Tech Giants

At CES 2020, it is easy to find out that Micro LED displays are demonstrated by more and more companies. Even though the chips used in those so-called “Micro LED” might not small enough to meet the definition of Micro LED, which is below 100 µm, Micro LED display as a term has become a trend in the display industry. Samsung The Wall series is still the focus of Samsung at this year’s CES. The 292-inch mega-size self-emitting 8K LED displays adopted Sanan’s Mini LED chips and PCB backplane with passive matrix. Sam...
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2020-01-06

Seoul Semiconductor and Seoul Viosys Showcase Micro LED Enabling 4K TV from 42 to 220-inch at CES 2020

Seoul Semiconductor and Seoul Viosys announced that they are introducing the new concept display, ‘Micro Clean LED’ at CES 2020. The new concept of Micro Clean LED, which Seoul Viosys developed, is the technology that realizes 4K resolution TV sizes from 42 inch to 220 inch with 1 RGB LED per pixel and is ready for mass production. The Micro Clean LED solutions for a smart watch display also will be demonstrated at CES 2020. (Image: Seoul Semicondutor) Seoul Semiconductor and Seoul Viosys leverage their expertise in developing...
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2019-12-16

Seoul Semiconductor’s SunLike Natural Spectrum LEDs Adopted by Architectural Lighting Brand for Smart Lighting Applications

Seoul Semiconductor announced that it has achieved smart lighting design with SunLike Series natural spectrum LEDs in cooperation with Casambi Technologies; and it has been adopted for the Italian designed architectural lighting brand formalighting for a new product line which offers motorized luminaire with smart wireless controls. The SunLike COB LED packages have been adopted by formalighting for the new fixtures in track mounted motorized spotlight range targeting lighting applications in museums, art galleries and commercial spaces. Adding the smart control syste...
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2019-12-13

Seoul Semiconductor Extends the Patent Auction until February 2020

In November, Seoul Semiconductor announced that it will auction its patent portfolio of radio frequency (RF) and LED package. As the market response has been enthusiastic since the company released the auction, Seoul Semiconductor reported extension of the auction until February 28, 2020. In the first auction, Seoul Semiconductor is seeking the top bidder for 98 patent assets related to power amplifiers and gallium nitride (GaN) RF semiconductors, including 55 U.S. patents. In the second auction, Seoul Semiconductor will auction 177 patents, including 76 U.S....
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2019-11-26

Seoul Semiconductor Launches Auctions for Key Technology Patent Portfolios for 5G Network Design and Smartphone Cameras

Seoul Semiconductor Co., Ltd. (KOSDAQ 046890), a leading global innovator of LED products and technology, announced that it will auction its radio frequency (RF) semiconductor patent portfolio and its high power LED package patent portfolio. In the first auction, Seoul Semiconductor is seeking the top bidder for 98 patent assets related to power amplifiers and gallium nitride (GaN) RF semiconductors, including 55 U.S. patents. Three of the patents are licensed to the U.S. Air Force or the U.S. Army, confirming the value of the portfolio. This RF pate...
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2019-11-07

Seoul Semiconductor’s SunLike LEDs Adopted for LED Light Bulbs of Human-Centric Lighting Design

Seoul Semiconductor announced that its SunLike Series natural spectrum LEDs have been adopted for lighting brand “REMEZ” by RemiLicht GmbH for the lighting market in Russia. The LED light bulbs feature a human-centric lighting design enabled by the SunLike Series LEDs. The SunLike Series LEDs adopted by RemiLicht GmbH for LED light bulb used for residential lighting and desk lamp achieved color temperatures of warm white (3000K) and cold white (5700K), optimized to natural light spectra by reaching lower blue light peak similar to su...
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2019-11-04

Seoul Semiconductor Achieves 3Q19 Business Target with Growing TV and Automotive Market

Seoul Semiconductor announced its financial results of the third quarter of 2019 with revenues of KRW 283.4 billion (US$ 244.3 million), an operating profit of KRW 12 billion (US$ 10.34 million), and EBITDA of KRW 32.6 billion (US$ 28.10 million). The company said that it has achieved its guided range of KRW 280 billion to KRW 300 billion of revenues for the quarter. Despite the weak general lighting market, Seoul Semiconductor reported growing sales of WICOP products as the demand of larger and slimmer screen in the TV market increase. The sales...
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2019-10-30

Cree Lighting Debuts Sunlight Mimicking Lighting Solution; Seoul Semiconductor’s SunLike LEDs Adopted for Aquarium Lighting

LED technology has progressed to create lights that are similar to natural lights for progresses, which might help to enhance wellbeing for not only human beings but also other creatures. Several researches suggested that mood, sense of well-being, productivity and cognition might all benefit from lighting that tracks the solar day. Thus, LED and lighting companies across the world are releasing advanced products for health improvement. Cree Lighting announced the availability of its architectural-grade Cadiant™ Dynamic Lighting Experience. The company introduced Cad...
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2019-10-22

Seoul Semiconductor Obtains Permanent Injunction against Philips TV Product

Seoul Semiconductor reported that it has successfully obtained a judgement of permanent injunction in a patent infringement lawsuit against Fry’s Electronics, a U.S. consumer electronics retailer. Seoul filed patent infringement litigation against Fry’s Electronics in September 2018, accusing the retailer of selling Philips TV products that violate 15 patents of Seoul. Later, the Korean company amended its complaints and asserted that the TV products infringe 19 patents covering a Multi-Wavelength Insulation Reflector widely used for “0.5W to 3W&r...
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2019-10-03

Lighting Company Adopts Seoul Semiconductor’s SunLike LED for Human Centric Lighting in Offices and Educational Buildings

The effects of lighting on human well-being are getting more attention with more and more lighting brands choosing LED products that deliver light with wavelengths similar to natural light. UK-based WILA Lighting, for example, has adopted Seoul Semiconductor’s SunLike Series natural spectrum LEDs for its new product range, Visic. (Image: Seoul Semiconductor/WILA) The new product is a recessed ceiling luminaire featuring human-centric lighting design that matches the spectrum of natural sunlight. The technology lowers the blue light peak to be similar ...
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2019-09-26

Seoul Semiconductor Wins Patent Lawsuit against Service Lighting and Electrical Supplies in the US

Seoul Semiconductor announced that it won a patent infringement lawsuit against Service Lighting and Electrical Supplies who operate online light bulb distribution website, 1000bulbs.com. The Texas Northern District federal court issued a permanent injunction against the sales of more than 50 lighting products, as well as any colorable variations of those products unless they have been licensed, according to the parties’ stipulation. Therefore, the Court will prohibit the sale of similar products if they prove to be mere colorable variations of accused products. In t...
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2019-09-20

Human Centric Lighting Fixtures Installed in an Office in Stockholm, Sweden

Several researches have indicated that lighting at work place is critical for creating a comfortable and energy-boosting environment, which most of the employees consider an important factor for enhancing work efficiency. The Schaeffler Group, a global technology supplier to the automotive and industrial sectors, has implemented new lighting in its Nordic headquarters located in Stockholm, Sweden. The new lighting adopts SunLike LEDs from Seoul Semiconductor to deliver pleasant and healthy light. SunLike LEDs were identified by researchers at the University of Base...
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2019-09-05

Seoul Semiconductor Files Patent Infringement Suit against European Retailer in Germany for the Second Time

Seoul Semiconductor announced that it filed a patent infringement lawsuit against Conrad Electronic again in the District Court of Manheim, Germany. In July, Seoul Semiconductor has filed the first litigation involving mobile phone products against Conrad in the District Court of Düsseldorf in Germany. According to the second complaint raised by Seoul, LEDs for flashlights of mobile phones sold by Conrad are infringing Seoul’s patent. The patented technology in this litigation is “the Roughened Light Extraction Surface” technology that e...
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