Seoul Semiconductor's LED revenue forecast for 2013 is 40%

In 2012, led by the introduction of affordable direct-lit LED TVs and LED lighting promotion, Seoul Semiconductor's LED revenue for lighting in 2012 accounted for 44% of total LED revenue, an increase of 4.3 percentage points over 2011. In 2013, Seoul Semiconductor's LED revenue forecast was 40.3%.

The lighting market continues to expand under the energy conservation and subsidy policies issued by governments. Seoul Semiconductor's sales of LED products for lighting in the United States, Europe, Japan and other countries are increasing.

Seoul Semiconductor said it will expand its LED lighting market with its value-added LED modules such as Acriche 2 and set a 2013 revenue target of 1 trillion won (about 1.07 billion U.S. dollars), a 40.3% increase from 2012.

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