Seoul Viosys Records All-time High Second Quarter Revenue

News Source: 
Seoul Viosys

ANSAN, South Korea (July 6, 2021) – Seoul Viosys Co., Ltd. (KOSDAQ 092190), a leading global compound semiconductor provider, announced today that it achieved a record high consolidated revenue of KRW 131.0 billion in the second quarter. The second quarter consolidated revenue increased by 27% year-on-year and by 7.5% quarter-on-quarter.

Overall sound growth continued from the second generation technologies including WICOP, Violeds and general visible LED while WICOP leads revenue growth recording over 15% quarter-on-quarter.

Seoul Viosys’ IR team commented the current earnings trend is still in line with the company’s upbeat business view since early this year and a record-high growth would likely continue in the third quarter thanks to the ongoing sound demand.

Detailed earnings and the third quarter revenue guidance are to be announced through the provisional second quarter earnings disclosures towards the end of July.

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