Seoul Viosys Acquisition of SETi Approved of SETi by U.S. DOD, to expand the UV and RF market.

Seoul Viosys Acquisition of SETi Approved of SETi by U.S. DOD, to expand the UV and RF market.

- Continued equity investment in U.S. SETi, the company that developed the world’s first short-wavelength ultraviolet and has the source technology for electronic devices (RF), since 2005
- Seoul Viosys has been persuading officials at the ITAR and CFIUS to acquisition SETi over the past three years
- Established Seoul Viosys based on the proposal for technical cooperation by NS, the Japanese corporation that developed the world’s first long-wavelength ultraviolet in 2001

Seoul Viosys (Representative: Jae-jo Kim, www.seoulviosys.com), the global UV LED solution provider, announced on August 2 that they recently secured the utive management share of SETi (Sensor Electronic Technology, Inc.), the professional short-wavelength ultraviolet LED company in the U.S., and decided to expand the current facility of SETi threefold for the extended business of UV LED until the end of next year at the board of directors meeting through closed consultations with existing utives of SETi.

Starting the equity investment in SETi (Sensor Electronic Technology, Inc.), the professional short-wavelength UV LED (350 nm ~ 250 nm) company in the U.S., since 2005, Seoul Viosys has maintained the close technical cooperation with SETi for more than 10 years to develop and commercialize UV LED chips with wavelengths below 350-nanometers. 
Since SETi’s UV LED chip patents are critical components in the aerospace and defense inudstries, Seoul Viosys had to pass Ministry International Traffic Arms Regulations (ITAR) and to get approval the U.S. Committee on Foreign Investment in the United States (CFIUS).
For the past 3 years, Seoul Viosys has persistently persuaded the U.S. Department of Defense and the Committee on Foreign Investments of the U.S. and made many efforts to obtain the approval, and as a result, successfully took over the share and secured the utive management rights of SETi.

Seoul Viosys was established in 2002 based on the proposal made by Nitride Semiconductor Co., Ltd. (NS), the Japanese venture company to Seoul Semiconductor Co., Ltd. in 2001 for the technical cooperation and joint development of long-wavelength UV LED (360 nm ~ 400 nm). It is the world’s first and only company specializing in UV LED and has the source technology for UV LED that is applied to bio, hardening, forgery detection, medical appliances, and sterilization, and the company has produced circuit (Epi) to chip, package, and module covering the entire wavelength range of UV and provided the UV system solution as well.

“With all original patents and the mass-production system required for the development and manufacture of UV LED, Seoul Viosys will continuously develop UV LED technologies to contribute to the improvement of technical competitiveness and industrial development in Korea and take the lead for energy conservation and environmental protection through the expansion of distribution of UV LED over the world,” said Jae-jo Kim, the representative of Seoul Viosys, “The source technology of short-wavelength UVC and RF we recently secured by obtaining the approval of U.S. Department of Defense is the future technology essential for space industry and defense industry, and Seoul Viosys will expand this business globally based on related patents and mass-production technology.”

* About Seoul Viosys  
The world-leading UV LED solution provider, Seoul Viosys has specialty in UV LED manufacturing technology 230 to 405nm wavelength. A subsidiary of Seoul Semiconductor, Seoul Optodevice was established in 2002 and changed its official name to SEOUL VIOSYS in 2013. This action was due to change itself a visible LED and UV LED chip maker to a UV LED system provider. SEOUL VIOSYS produced 405-365nm wavelength UVA LED (Near UV LED) for the first time in 2002, and produced 254~340nm wavelength UVC LED (Deep UV) 2005, becoming a company capable of producing UV LED of all wavelengths, and holds over 10,000 patents related to this field.

# Inquiry
Yang, Chang-keun, Seoul Viosys PR Team 070-4391-8012