Seoul Semiconductor Ranked as #4 Global LED Manufacturer in 2014
Seoul Semiconductor continues to strengthen its position in the global LED market as the company was recently ranked fourth amongst LED manufacturers in the world according to IHS Technology. The company attributes this growth to its powerful patent portfolio and to its dedication to research and development in LED technologies including its popular ‘Acrich’ direct AC LED product family.
Seoul Semiconductor Co., Ltd., a world leading LED manufacturer (CEO: Chung Hoon Lee) has announced that the company was ranked as number four in the global rankings for Packaged LED Revenue in 2013 according to the market research firm IHS Technology (). This is a step up from the 2012 ranking of number five global LED manufacturer despite any internal captive revenue.
One of the most important factors of Seoul Semiconductor’s consistent growth in the global LED market is based upon its established patent portfolio that consists of more than 10,000 patents. The company invests approximately 10% of its sales revenue each year into LED product research and development. Seoul Semiconductor was also the sole semiconductor company that only manufactures LED components to be selected in the 2012 and 2013 Semiconductor Manufacturing Patent Power Ranking by the Institute of Electrical and Electronics Engineers (IEEE).
As Seoul Semiconductor has manufactured LED technology for more than 20 years, the company continues to secure its place in the global LED market with continuous improvements and advancements in its LED product portfolio. In 2006 Seoul Semiconductor launched the revolutionary direct AC LED technology ‘Acrich’ which can be driven directly from AC without an AC-DC converter. After that, Seoul Semiconductor launched the nPola LED technology to boost brightness 5-10 times that of a conventional LED. Recently in June, Seoul Semiconductor launched the next generation of smart lighting with ‘Acrich3’ IC technology.
From the early 2000s when the LED lighting market was not fully developed, Seoul Semiconductor strengthened its sales teams and global marketing strategy. The company secured its business competence by providing high-quality LED products through 50 overseas sales offices including five production sites in Europe, North America and China.
Jung-Hoon Lee, CEO of Seoul Semiconductor, notes that “Because Seoul Semiconductor has no captive market and does not produce or sell LED lighting finished goods all LED lighting manufacturers in the lighting market, which is estimated to grow to $150 Billion, are potential Seoul Semiconductor customers.”
About Seoul Semiconductor ()
Seoul Semiconductor manufactures and packages a wide selection of light emitting diodes (LEDs) for the automotive, general illumination/lighting, appliance, signage, and back lighting markets. The company is the worlds fourth largest LED supplier, holding more than 10,000 patents globally, while offering a wide range of LED technology and production capacity in areas such as nPola, deep UV LEDs, “Acrich”, the worlds first semiconductor light source that operates directly from both AC and DC power supplies, and “Acrich MJT – Multi-Junction Technology,” a proprietary family of high-voltage LEDs. The company’s broad product portfolio includes a wide array of package and device choices such as AC-driven LEDs, high-brightness LEDs, mid-power LEDs, side-view LEDs, through-hole type LED lamps, custom displays, and sensors.
About IHS ()
IHS is the leading source of information, insight and analytics in critical areas that shape today’s business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and is headquartered in Englewood, Colorado, USA. IHS is committed to sustainable, profitable growth and employs more than 8,000 people in 31 countries around the world.
Article Source: (PRWEB) August 08, 2014