Acriche is expected to be used for lighting products manufactured

Seoul Semiconductor’s Acriche can be used in commercial AC (Alternating Current) voltage applications without an AC-DC converter, and is attracting attention as the most promising LED lighting source for GU10 bases. Acriche GU10 bulbs may be used up to thirty to forty thousand hours, which is the LED’s own average life. In the case of common LED’s it is necessary to use an AC-DC converter as they are driven only by direct current. In some cases using the AC-DC converter may lead to a reduced life for the bulb if the converter has a shorter average life than the LED. Considering the long life of the Acriche GU10 as compared to a typical Halogen GU10, with an average life of only 2,000 hours, the Acriche GU10 lifetime meets or surpasses 15 to 20 Halogen GU10 bulbs. The product also uses much less power saving 75 percent of electricity compared to Halogen GU10. Even though the LED bulb will have a higher initial cost up to 70% savings can be realized over the lifetime of the product.

An official of Seoul Semiconductor said, “As lighting solutions using Acriche begin to be sold in Europe we are moving into full-scale commercialization of the AC-driven product. Acriche is expected to be used for lighting products manufactured by global leading lighting companies within the third quarter of this year and we expect Seoul Semiconductor’s share to increase even more in the European market.”

In addition, an official of Elgo said, “Acriche has already gained substantial popularity in the European lighting market, and we use Acriche in GU10 base so that we highlight the characteristics of this product to our clients, and it is expected to lead to a continuous increase in sales.”

Additionally Acriche is being recognized for its innovation, winning a variety of awards both at home and abroad. In 2008 the product received the Korea Technology Grand Prize presented by the Ministry of Knowledge Economy and was selected as one of ‘Korea’s Top 10 New Technologies.’ In 2006 and again in 2007 Acriche was awarded ‘Best Product Award 2007’ by Elektronik and E&E, two of Europe’s best electronics magazines. Acriche was also selected as one of the 'Hot 100 Products of 2007' by EDN, an American specialist magazine for electronic component products. Last April, CEO Chung Hoon Lee of Seoul Semiconductor received the Silver Tower Order of Industrial Service Merit on the 44th Day of Invention, as recognition of his contributions to the invention of Acriche.