Seoul Semiconductor Co., Ltd. reported revenue results for the full year of 2017. For the period, the company reported consolidated revenues of USD 1.04 billion. The 16% rise in consolidated revenues far exceeds the industry average, which grew 2% during the same period. The growth of revenue is contributed to improvements in both general lighting sales and IT product related sales growing in the mid-teens as well as the automotive lighting business which grew more than 20%. Operating profit was USD 92 million, an increase of 16% and 71% year-over-year respectively as a result of rising sales across all business divisions.

The company provided a revenue guidance of KRW 270 billion to KRW 290 billion for the first quarter of 2018. This figure is in range of 5% to 13% on a year-over-year basis. Although first quarter is normally considered to be an off-season, the company is showing a positive outlook for growth from last year for this 2018 fiscal year.