November 29, 2020
Business News

Seoul Viosys Recorded the Highest Quarterly Revenue Since Its Establishment in the Third Quarter and Operating Profit Increased by 256% YoY

ANSAN, South Korea–()–Seoul Viosys Co., Ltd. (“Seoul”) (KOSDAQ 092190), a leading compound semiconductor solution provider, today announced financial results for the third quarter of 2020 with revenue of KRW 120.7 billion and operating profit of KRW 9.5 billion on a consolidated basis. It recorded the highest quarterly revenue since its establishment alongside its parent company, Seoul Semiconductor in this quarter.

The revenue increased 33% year-on-year and 17% quarter-on-quarter. In the visible LEDs, proportion of high-value-added products such as WICOP, an LED technology that does not require a package, gradually increased, resulting in a double-digit growth YoY and QoQ. WICOP is a technology that will be…

Click here to view the original article.

Related Posts

You might also like ...

Toyoda Gosei Invests in Ball Wave, a Startup from Tohoku University
Best Nikon Z6 & Z7 Cyber Monday Deals 2020: Nikon Mirrorless Camera Savings Reported by Deal Tomato
BISSELL Cyber Monday Deals 2020: Best BISSELL CrossWave, Pet Pro & More Vacuum Sales Compiled by Retail Egg