Korea Business News Agency - NSP NEWS AGENCY.

(Seoul=NSP NEWS AGENCY) = Global optical semiconductor device leader Seoul Viosys announced that its 2024 annual revenue reached KRW 695 billion, marking a 37.9% increase from 2023's revenue of KRW 504 billion.

This represents a year-on-year growth of KRW 191 billion.

In particular, fourth-quarter revenue for 2024 came in at KRW 174.7 billion, a 20.5% increase compared to the same period in 2023, which recorded KRW 145 billion, reflecting the company’s steady growth trajectory.

Although fourth-quarter revenue experienced a 5.2% decline compared to the third quarter due to seasonal factors, it exceeded the company’s guidance of KRW 160 billion to KRW 170 billion, which is considered a positive outcome.

At CES 2025, Seoul Viosys showcased its No-Wire WICOP technology, the world’s first innovation in this field, through a micro-LED automotive demonstration, which garnered significant attention and positive feedback from attendees.

By Eun-young Huh(eunyoung114@nspna.com) and Bok-hyun Lee(bhlee2016@nspna.com)

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