SEOUL--(Korea Newswire)--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.

2021~2023 Ranking of Global Backlight LED Market Share (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.

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This news is a press release provided by seoulsemiconductor. Korea Newswire follows these editorial guidelines. seoulsemiconductor News ReleasesSubscribeRSS Seoul Semiconductor Provides WICOP to Front Headlamps of 2024 Genesis GV80 Seoul Semiconductor Co., Ltd. (KOSDAQ:046890), the world best-in-class technology in opto-semiconductors, is supplying and mass-producing “WICOP,” the world’s first high-power LEDs without wire, for the headlamps of Genesis GV80, a luxury SUV model by Hyundai Motor Group, which is one o... 3월 29일 09:00 서울반도체, 헤드램프 트렌드 이끈다… 2024 제네시스 GV80 전면 헤드램프에 풀 공급 글로벌 광반도체 전문 기업 서울반도체는 세계 TOP 3 자동차기업 현대자동차그룹의 럭셔리 브랜드 제네시스의 SUV 차량인 ‘GV80’의 헤드램프에 세계 최초로 와이어(Wire) 없는 광반도체 ‘WICOP (와이캅)’ 기술을 공급, 양산 중이라고 밝혔다. GV80이 선보인 고광량, 정교한 디자인을 갖춘 헤드램프의 모든 기... 3월 28일 09:00 ... More  More News Technology Semiconductor Earnings Incheon & Gyeonggi seoulsemiconductor All News Releases 