📊Executive Summary

Seoul Semiconductor has launched its High Voltage (HV) opto-semiconductor technology for electric vehicles, which simplifies lighting systems by reducing the number of components and power consumption. This technology is being adopted by four major automotive brands globally, with plans to expand to 10 vehicle models by year-end. The HV design replaces conventional 3V LEDs with a 12V single-chip system, significantly improving efficiency and reducing costs. As global EV sales are projected to double in five years, the demand for such technologies is expected to rise, impacting procurement strategies in the automotive sector....