South Korea ’ s tech material company SKC Co . , Ltd will be diving into the LED sector by setting up a new LED - making subsidiary , SKC Lighting . Also , the company is setting high bars for its future as it aspires to be named one of the world ’ s top five LED lighting companies by 2020 . SKC celebrated the launch of SKC Lighting at the new company ’ s headquarters in Gyeonggi Province this Wednesday . SKC Lighting was born out of the merger between LED lamp maker brand Sum - ray and Doo Young - SKC ’ s prior acquisitions each from January last year and April this year targeting the LED sector . Sum - ray ’ s five billion won ( $ 4 . 7 million ) - business was ceded to Doo Young last month , which was renamed to SKC Lighting . The new company is an LED maker with 150 workers , 21 . 6 billion won in assets , and three LED plants in Dangjin , Chungnam Province ; Gwangju , Gyeonggi Province ; and China ’ s Qingtao . SKC Lighting plans to focus primarily on SMPS ( Switched - mode power supply ) , heatsink materials , lenses , and other core materials in the LED value chain . SKC subsidiaries will be sharing in on the LED business to offer a more organic support structure . As majority shareholder with a 65 % share , SKC will be imparting its expertise in traditional film and related materials , to boost competitiveness by allowing selective convergence of useful technology to the LED sector . SKC Solmics , another SKC subsidiary , is currently in the middle of developing LED sapphire ingots and wafers , and a partnership between the two companies is believed to contribute greatly to the localization of core LED technologies . [ Written by Gye - man Kang - Samji Chung / edited by Soyoung Chung ] ▶ [ 화보 ] 김하늘 , 수영복 몸매 화제 ` 늘씬 하 네 ~`▶ 기아차 , 신형 프라이드 성능 보 니 " 와우 ! "▶ 최준희 , 12 주 만 에 80 kg 감량 화제 ▶ 써니 , “ 내게 집착 하 던 남자 연예인 있 다 ” ▶ 영정 속 웃 고 있 는 故 장효조 감독 [ 아츠 포토 ] [ ⓒ Maeil Business Newspaper & mk . co . kr , All rights reserved ]