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Seoul Semiconductor Achieves Historical High First Quarter Revenues Increased by 28.3% YoY
Seoul Semiconductor Co., Ltd. (KOSDAQ 046890), a leading global LED product and technology provider, today announced KRW 312 billion of consolidated revenues for the first quarter, growing 28.3% year on year. Recovering from COVID-19 pandemic impact in the first half last year, Seoul continued to record over KRW 300 billion quarterly revenues for the past three consecutive quarters, which has achieved the historical highest first quarter of 2021 revenues since the company establishment. Despite the low seasonality in the LED industry, Seoul’s strong performance in the first quarter will lead to a higher expectation for financial results of the fiscal…
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