Parkers Completes Integration of Elphoton as Subsidiary, Accelerates Optoelectronic Platform Business

Parkers has secured management rights of Elphoton, a specialist in optoelectronic semiconductors, and is set to accelerate its optoelectronic platform business.

On September 3, Parkers announced that it has completed the acquisition of a 58.53% stake in Elphoton and finalized the integration as a subsidiary. For this acquisition, Parkers invested a total of 5 billion won, which included asset purchases and capital injections.

Parkers plans to combine its existing LED business infrastructure with Elphoton's optoelectronic semiconductor technology to establish a business structure spanning from technology development to product commercialization, mass production, and market supply. The company also aims to expand its business areas to include sterilization solutions for industrial and everyday environments, next-generation displays, optical sensors, and optical communications.

Founded in 2023, Elphoton is a venture company specializing in the design and manufacturing of optoelectronic semiconductors. Its main businesses include UVC-LEDs, micro LEDs, and optical sensors, and it holds 51 domestic and international patents. This year, Elphoton launched its UVC-LED products and plans to sequentially introduce micro LEDs, optical sensors, and related optoelectronic semiconductor products starting next year.

In the UVC-LED sector, Elphoton utilizes its self-developed "W2C" technology. W2C is a technology that implements a moisture-proof structure directly in the UVC-LED chip, protecting electrodes from moisture and corrosive ions. By reducing the need for additional hermetic moisture-proof packaging processes, the company claims to improve process efficiency, as well as enable chip miniaturization and cost reduction.

For the micro LED business, Elphoton plans to integrate RGB micro LEDs, CMOS, micro LED arrays, and micro-optical technologies to expand applications into automotive and high-end lighting markets, as well as AR/VR smart glasses, next-generation headlamps, and more. The company is also pushing to enter the CPO (Co-Packaged Optics) market for AI data centers.

Optical sensors are also being fostered as a growth engine. Elphoton possesses the technology for designing and manufacturing photodiodes for fire prevention and arc detection, as well as short-wavelength light detection below 280 nanometers. The company has also secured high-energy band radiation detection technology based on AlGaN (Aluminum Gallium Nitride) PIN diodes, and aims to enter high-value-added markets such as medical imaging in the future.

Alongside expanding its OEM and ODM businesses, Elphoton plans to shift the UVC-LED business from being centered on chips and packages to expanding into modules and finished products. Through these efforts, Elphoton is targeting sales of approximately 50 billion won by 2030.

A Parkers official stated, "With the acquisition of a stake in Elphoton, we have secured differentiated technology and a product portfolio in the optoelectronic semiconductor field. By combining our manufacturing and business capabilities built up through our existing LED business with Elphoton's UVC-LED, micro LED, and optical sensor technologies, we will accelerate commercialization from product development to mass production and market supply."

The official further added, "We plan to expand our high-value-added product lineup, including UVC-LEDs, micro LEDs, and high-sensitivity optical sensors, and foster the optoelectronic platform business as a mid-to-long-term growth engine."

This content was produced with the assistance of AI translation services.