SEOUL-SEMICONDUCTOR
Seoul Semiconductor Co., Ltd. (KOSDAQ:046890), a leading global opto semiconductor company, accomplished the feat of becoming No. 1 in the global backlight market for the first time.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240808173856/en/
2021~2023 Ranking of Global Backlight LED Market Share (Photo: Seoul Semiconductor Co., Ltd.)
According to Omdia, a market research firm, Seoul Semiconductor recorded a market share of 16.5% in the global backlight LED market based on revenue in 2023.
Seoul Semiconductor is an opto semiconductor company that supplies LED products and optical solutions for lighting, automotive, and display applications. Notably, it offers customized LED solutions for TVs, monitors, and automotive applications through thermal dissipation, local dimming, and optical designs based on WICOP technology in the display sector. WICOP is a no-wire, no-lens LED technology. With the technology enabling miniature sizes and high efficiency, the company is now supplying its products to global top ten automotive clients, solidifying its position in the automotive display market and attracting significant attention.
Kim Hong Min, Director of the Display Department at Seoul Semiconductor, said, “The company has secured 18,000 patents, which is quite remarkable in the LED industry, by investing almost KRW 100 billion, or approximately 10% of annual revenue, in R&D. We will focus on opto semiconductors and maintain our top position in the display sector through constant technological development and innovation.”
Seoul Semiconductor, along with its subsidiary Seoul Viosys, will participate in the 2024 K-Display Exhibition at COEX, Korea, from August 14. The company will introduce its diversified solutions, including micro-LED display technology, during the exhibition. Seoul Viosys now holds the largest market share in the global UV LED.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240808173856/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
ThreatDown Launches Nexus Partner Program, Strengthening its Channel-First Commitment11.11.2025 15:02:00 CET | Press release
New program marks a strategic investment, putting partners at the center of ThreatDown’s growth strategy ThreatDown, the corporate business unit of Malwarebytes, today announced the launch of the Nexus Partner Program, a comprehensive initiative that puts partners at the center by strengthening collaboration and creating new growth opportunities for its global network of partners. The program aligns incentives, simplifies enablement, and strengthens collaboration to ensure every reseller has the resources and support needed to deliver smarter, stronger security outcomes for customers. “At ThreatDown, being channel-first means putting our partners at the center of everything we do,” says Kendra Krause, General Manager of ThreatDown. “The Nexus Partner Program reflects that belief – the program is built to equip partners with the tools they need to succeed in a rapidly evolving cybersecurity market. When our partners win, we win.” Available globally, the program offers competitive discou
Blue Matter Enhances Twine™ Platform Capabilities in Response to Growing Demand11.11.2025 15:01:00 CET | Press release
Blue Matter today announced the expansion of its Twine™ data platform’s capabilities in response to accelerating demand from biopharma companies. Enhancements include thoughtful use of artificial intelligence (AI) for advanced analytics and narratives, expanded data source integrations, master data management, and broader deployment across oncology and specialty therapeutic areas. Twine™ is Blue Matter's purpose-built customer intelligence platform for healthcare and life sciences companies. It transforms complex data from disparate sources including specialty pharmacy networks, hub services, claims databases, and other third party data sources into actionable insights that drive commercial strategy and operational excellence. With generative AI at its core, Twine helps companies more effectively acquire, master, validate, and analyze data from internal and third-party sources. Persona-specific outputs enable faster, more informed decision-making. According to Deepak Gopinath, Partner
Financial Sector Signals Rising Investment in Identity Verification11.11.2025 15:00:00 CET | Press release
Banks, fintechs, and crypto platforms are ramping up investment in fraud prevention and identity verification (IDV), positioning it as the next layer of cyber defense. According to Regula’s global survey, The Future of Identity Verification: 5 Threats and 5 Opportunities, banks are leading this trend: the share of institutions intending to increase IDV budgets by more than 50% is nearly tripling—from 4.4% to 15% in just two years. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251111008888/en/ Banks lead the IDV investment surge, but fintech, crypto, and aviation sectors are catching up fast, with roughly one in six companies planning to expand IDV budgets by more than 50%. Even healthcare is joining the trend, signaling how essential verification has become beyond finance. Moderate increases in identity verification budgets are becoming common across all financial services. Roughly a third of banks and crypto firms and a fi
Ben Mauro Announces Early Deluxe Hardcover Release of HUXLEY: The Oracle, Featuring Exclusive Art From Top Sci-Fi Artists11.11.2025 15:00:00 CET | Press release
Acclaimed concept artist and worldbuilder Ben Mauro (Halo Infinite, Call of Duty, Elysium, The Predator) is excited to announce the early shipping of the deluxe hardcover edition of HUXLEY: The Oracle, the first major prequel book in the expanding HUXLEY universe. These premium deluxe editions are shipping now in limited quantities, ahead of the worldwide release of the standard edition on December 2. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251111345993/en/ Screenshot from HUXLEY: THE ORACLE The Oracle explores the origins of FURY-7, a scorched desert world ruled by the ancient machine empire known as the Oracles. The story follows Max, an elite Ronin enforcer, as he uncovers a conspiracy that sets the foundation for the events of the original HUXLEY graphic novels. This deluxe edition features over 100 color illustrations from leading industry artists, including Steve Chinhsuan Wang (Gears of War 5), Nikolas Gekko (H
Rigaku Holdings Issues Integrated Report 202511.11.2025 15:00:00 CET | Press release
Rigaku Holdings Corporation (Headquarters: Akishima, Tokyo; CEO: Jun Kawakami; hereinafter “Rigaku”) issued its inaugural Integrated Report 2025 (hereinafter “the Report”) on the Rigaku website. The report serves as a medium for integrated communication with all stakeholders. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251111995654/en/ Integrated Report cover The Report provides an overview of Rigaku’s investments, technological innovations, business activities, and global growth strategy. It also presents Rigaku’s financial and non-financial performance for the fiscal year ending December 31, 2024. Rigaku invites readers to explore the Report to learn about its contributions to global technological advancement through X-ray diffraction solutions. Rigaku continues to strive to become a “One-of-a-Kind Global Technology Company.” The full Report can be found at: https://rigaku-holdings.com/english/ir/reports/ Comment by CEO
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom