LED industry's global economic downturn Seoul Semiconductor's 2011 revenue decline 12%

Seoul Semiconductor, a Korean LED manufacturer, was affected by the global downturn, not only in the second half of 2011, but also in the first half of the year, and significantly revised its 2011 revenue forecast to 735 billion won (about 635 million US dollars). Revenues fell 12% from 2010, the first decline since the company's inception.

In terms of product categories, Seoul Semiconductor's 2011 revenue estimates were the largest in LED TV backlights, accounting for 72% of the total repairs, and lighting applications still maintained an estimated value of more than 300 billion won. In the future, the development trend of the above two types of products is that the backlight package components for LED TVs will mainly increase the illumination angle and enhance the brightness to reduce the number of LEDs used to 30~40. In lighting applications, the LED power factor is emphasized. Above 0.95, it can save one-third of the power of the general LED.

In addition to strengthening its product functions, Seoul Semiconductor has also expanded its development towards the industrial chain and downstream. Taking the Group's upstream LED chip maker Seoul Opto Device as an example, the proportion of internalization increased from 30% in 2010 to 60% in 2011. Downstream, there are 1,500 lighting application customers in 50 countries, and LED backlight customers also cover major players in Korea, Japan, Taiwan and mainland China.

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