the acquisition is it will help the company expand its UV LED business

Seoul Viosys, an affiliate of Seoul Semiconductor, recently secured a 50 percent stake in SETi, including 6 percent as friendly investors, after the led high bay light defense ministry approved for the proposal," stated Seoul Semiconductor.

The significance of the DOD’s approval of the acquisition is it will help the company expand its UV LED business.

Seoul Semiconductor has already incorporated its management rights for the U.S.-based UV LED producer for the first time as a major stake holder by asking SETi to expand UV LED chip output three-folds at its plant in South Carolina.

Seoul Viosys has teamed up with SETi since 2005 to commercialize UV LED chips with wavelengths below 350-nanometers. Yet, the led linear high bay light company needed to secure management control for Strategic Business Development and supply expansion UV LED through mass production.