Partial Capital Increase Funds Invested in Facilities

[Asia Economy Reporter Lim Jeong-su] KOSDAQ-listed company Semiconlight announced on the 13th that it will strengthen its related business by investing part of the funds raised through a paid-in capital increase into UVC LED facilities.


Semiconlight stated, "We possess technology that sterilizes harmful bacteria, including bacteria, by projecting UV LEDs onto objects or installing LED chips in air purification systems," adding, "It can sterilize COVID-19 by 99.9%."


According to Semiconlight, UVC LEDs have many applications, including sterilization home appliances. They can destroy the DNA of viruses, bacteria, and mold, making them useful in various products such as water purifiers.


In the domestic construction industry, UV LEDs are being used to develop ventilation systems that remove ultrafine dust and viruses from the air, allowing for expansion into various industries. Due to the increased demand related to UV, the order volume has reportedly doubled compared to the business plan at the beginning of the year.


Last year, Semiconlight entered the UVC LED small home appliance business by establishing a joint venture with 'World Wing,' a Japanese automotive parts distribution specialist. Starting with Japan, the company plans to actively target overseas markets in Asia, Europe, and the United States.


Semiconlight has also entered the UVC sterilization mask business. In February, it signed a joint development agreement with a UV mask patent holder and secured production and distribution rights in the Asian region. The UV mask uses UVC LED technology to block virus inflow through the respiratory tract. Currently, design development and testing are underway in the United States.



Park Il-hong, CEO of Semiconlight, said, "Sterilization through UVC is gaining more attention due to the COVID-19 situation," and added, "This facility investment is expected to improve the profit structure and increase the company's value."


This content was produced with the assistance of AI translation services.

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