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SemiLEDs Corp
SemiLEDs was incorporated in Delaware in 2005 and has been listed on the Nasdaq Global Select Market since 2010. The company was founded by Trung T.
SemiLEDs Corp
SemiLEDs was incorporated in Delaware in 2005 and has been listed on the Nasdaq Global Select Market since 2010. The company was founded by Trung T. Doan, a veteran of the compound semiconductor industry who previously co-founded and served as CEO of SuperNexus, an early-stage LED manufacturer. SemiLEDs established its roots in Hsinchu, Taiwan, leveraging the island's dense semiconductor supply chain to develop proprietary vertical LED chip architectures on copper alloy substrates. The company's strategy has shifted markedly from its early focus on general lighting. SemiLEDs develops and manufactures LED chips and components that operate primarily in the ultraviolet, blue, and green spectra. Its current commercial emphasis is on UV-A and UV-C LEDs for curing, medical disinfection, and water purification. The firm also sells specialty visible-spectrum components for horticultural lighting and architectural backlighting. Manufacturing is concentrated at its Hsinchu facility, with R&D operations extending to Boise, Idaho, where its subsidiary SemiLEDs Optoelectronics focuses on next-generation UV LED die development and testing. The firm operates through a lean public-company structure with a single operating segment, reporting revenue by product category rather than by division. In recent fiscal years, SemiLEDs has faced consecutive challenges securing growth capital; its independent auditor has included a going-concern explanatory paragraph in multiple annual reports. As of the most recent filings, the company's market capitalization reflects its status as a micro-cap component supplier navigating a specialized but increasingly competitive UV LED landscape dominated by larger Asian semiconductor firms. SemiLEDs' structural differentiator is its dual-country R&D base, which pairs Taiwanese cost-efficient manufacturing with US-based advanced development. This architecture is uncommon among its direct-stage peers and illustrates a capital-light approach to maintaining a pipeline of patent-protected, vertically integrated chip architectures without the overhead of scaled general-lighting fabs.
General information
Firm type
other
Year founded
2005
AUM
Undisclosed
Location
Region
Asia
Country
Taiwan
City
Hsinchu
Corporate office
Hsinchu, Taiwan
Principals
Trung T. Doan
Chairman, President and CEO
Sector focus
Frequently asked questions
Does SemiLEDs operate as a family office or an investment vehicle?
No. SemiLEDs Corp is a publicly traded operating company listed on Nasdaq. It is not a family office, asset manager, or investment fund. It functions as a developer and manufacturer of LED components and does not manage third-party capital.
What drove SemiLEDs' shift away from general lighting LEDs?
Intense price competition from larger Chinese and Taiwanese manufacturers in the general lighting market eroded margins for smaller players. SemiLEDs redirected its proprietary metal-substrate LED architecture toward higher-value niches such as UV curing, medical disinfection, and horticultural lighting where performance specifications created a stronger technical moat.
Who controls the strategic direction of SemiLEDs?
The company is led by founder Trung T. Doan, who serves as Chairman, President, and CEO. As the largest individual shareholder, he maintains operational control and has guided the technology pivot toward ultraviolet applications. The board includes directors with semiconductor and finance backgrounds.
Where are SemiLEDs' manufacturing and R&D facilities located?
The company's primary manufacturing operations are in Hsinchu, Taiwan, within the Hsinchu Science Park ecosystem. Research and development for advanced UV components is conducted through its subsidiary SemiLEDs Optoelectronics in Boise, Idaho, creating a cross-Pacific operational footprint.
What is the financial condition of SemiLEDs?
The company has been operating with low revenue and has faced recurring profitability challenges. Its independent auditor has included going-concern language in recent annual reports, indicating substantial doubt about the company's ability to continue operations without additional capital or a material improvement in revenue.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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