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…



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