Seoul Semiconductor has achieved a significant milestone, securing the top position in the global backlight LED market for the first time. With a commanding 16.5% market share in 2023, according to data from Omdia, the company has established itself as a formidable force within the opto-semiconductor industry.
Renowned for cutting-edge LED products and optical solutions across a spectrum of applications, Seoul Semiconductor continues to push the boundaries of what’s possible in lighting, automotive, and display technologies.
Its success largely stems from the company’s pioneering WICOP technology—a no-wire, no-lens LED innovation that enables ultra-compact sizes and unparalleled efficiency. This breakthrough has solidified the company’s position as a preferred supplier to the world’s top automotive manufacturers, further strengthening its dominance in the global market.
Director of the Display Department, Kim Hong Min, highlighted the company’s unwavering commitment to innovation. “With 18,000 patents secured and an annual R&D investment of nearly KRW 100 billion, equating to approximately 10% of our revenue, we remain focused on opto-semiconductors. Our technological advancements ensure we maintain leadership in the display sector.”
Seoul Semiconductor, alongside its subsidiary Seoul Viosys, prepares to showcase its groundbreaking technologies at the upcoming 2024 K-Display Exhibition at COEX, Korea, commencing August 14. The event will feature a diverse range of their latest innovations, including cutting-edge micro-LED displays. Seoul Viosys, already a leader in the global UV LED sector, further exemplifies the company’s prowess and influence across multiple high-tech industries.
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