LAMEA Optoelectronic Components Market Size, Share & Industry Trends Analysis Report By Material, By Application, By Component (Sensor, LED, and Laser Diode & Infrared Components), By Vertical, By Country and Growth Forecast, 2023 - 2029

The Latin America, Middle East and Africa Optoelectronic Components Market would witness market growth of 8.3% CAGR during the forecast period (2023-2029).

Demand for light-emitting diodes across a range of application categories is anticipated to increase as LEDs are increasingly used in automotive headlamps as well as additional lighting applications. In addition, infotainment systems employed in a range of end-use industries, like hospitality, retail, and malls also utilize LEDs. These systems scan barcodes or codes on packaging materials using optical technologies like image sensors and laser diodes, recognizing objects through images and saving time for inventory management procedures. This technology also makes it possible for users to view product information via an integrated display panel, further increasing customer engagement and boosting sales.

The development of Li-Fi technology, which enables data transfer using light sources to get over limitations in 5G and Wi-Fi, is anticipated to greatly expand the market for optoelectronic components. In addition, this technology is far more energy-efficient than alternative wireless data transmission methods because of its ability to transmit data using light. As a result, companies in the optoelectronic components market will have greater room to expand. The demand for optoelectronic components is being driven by cutting-edge smartphones and wearables with user-friendly screens and camera technology. Additionally, high-tech cameras need image sensors that can take precise, high-quality pictures, which is what is driving the market's expansion.

In order to reduce electricity and water consumption as part of the conservation effort, Dubai Power and Water Authority (DEWA) has underlined the need to use eco-friendly features of home appliances. LED lights are more efficient than conventional bulbs for lighting both inside and outside. DEWA suggests using light detectors to progressively switch off outside lighting during the day. Additionally, timers and dimmers could be used by customers to control the lighting at specific times. For some places, direct illumination is suggested rather than lighting the entire area. The rising utilization of optoelectronic components like LEDs for lighting purposes is mainly driving the expansion of the regional market.

The Brazil market dominated the LAMEA Optoelectronic Components Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $1,165.5 million by 2029. The Argentina market is experiencing a CAGR of 8.9% during (2023 - 2029). Additionally, The UAE market would display a CAGR of 8% during (2023 - 2029).

Based on Material, the market is segmented into Gallium Nitride, Gallium Arsenide & Gallium Phosphide, Silicon Carbide, Indium Phosphide, and Silicon Germanium. Based on Application, the market is segmented into Measurement, Lighting, Communication, Security & Surveillance, and Others. Based on Component, the market is segmented into Sensor, LED, and Laser Diode & Infrared Components. Based on Vertical, the market is segmented into Consumer Electronics, Telecommunication, Automotive, Military & Aerospace, Medical, Manufacturing, Commercial, Residential, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Worldwide Optoelectronic Components Market is Projected to reach USD 60.9 Billion by 2029, at a CAGR of 5%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hamamatsu Photonics K.K., OSRAM GmbH (AMS AG), TT electronics PLC, Vishay Intertechnology, Inc., ON Semiconductor Corporation, Cree, Inc. (SMART Global Holdings, Inc.), TRUMPF GmbH + Co. KG, Sick AG, Broadcom, Inc. and Samsung Electronics Co., Ltd. (Samsung Group).

Scope of the Study

Market Segments Covered in the Report:

By Material

• Gallium Nitride
• Gallium Arsenide & Gallium Phosphide
• Silicon Carbide
• Indium Phosphide
• Silicon Germanium

By Application

• Measurement
• Lighting
• Communication
• Security & Surveillance
• Others

By Component

• Sensor
• LED
• Laser Diode & Infrared Components

By Vertical

• Consumer Electronics
• Telecommunication
• Automotive
• Military & Aerospace
• Medical
• Manufacturing
• Commercial
• Residential
• Others

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

• Hamamatsu Photonics K.K.
• OSRAM GmbH (AMS AG)
• TT electronics PLC
• Vishay Intertechnology, Inc.
• ON Semiconductor Corporation
• Cree, Inc. (SMART Global Holdings, Inc.)
• TRUMPF GmbH + Co. KG
• Sick AG
• Broadcom, Inc.
• Samsung Electronics Co., Ltd. (Samsung Group)

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Optoelectronic Components Market, by Material
1.4.2 LAMEA Optoelectronic Components Market, by Application
1.4.3 LAMEA Optoelectronic Components Market, by Component
1.4.4 LAMEA Optoelectronic Components Market, by Vertical
1.4.5 LAMEA Optoelectronic Components Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Recent Strategies Deployed in Optoelectronic Components Market

Chapter 4. LAMEA Optoelectronic Components Market by Material
4.1 LAMEA Gallium Nitride Market by Country
4.2 LAMEA Gallium Arsenide & Gallium Phosphide Market by Country
4.3 LAMEA Silicon Carbide Market by Country
4.4 LAMEA Indium Phosphide Market by Country
4.5 LAMEA Silicon Germanium Market by Country

Chapter 5. LAMEA Optoelectronic Components Market by Application
5.1 LAMEA Measurement Market by Country
5.2 LAMEA Lighting Market by Country
5.3 LAMEA Communication Market by Country
5.4 LAMEA Security & Surveillance Market by Country
5.5 LAMEA Others Market by Country

Chapter 6. LAMEA Optoelectronic Components Market by Component
6.1 LAMEA Sensor Market by Country
6.2 LAMEA LED Market by Country
6.3 LAMEA Laser Diode & Infrared Components Market by Country

Chapter 7. LAMEA Optoelectronic Components Market by Vertical
7.1 LAMEA Consumer Electronics Market by Country
7.2 LAMEA Telecommunication Market by Country
7.3 LAMEA Automotive Market by Country
7.4 LAMEA Military & Aerospace Market by Country
7.5 LAMEA Medical Market by Country
7.6 LAMEA Manufacturing Market by Country
7.7 LAMEA Commercial Market by Country
7.8 LAMEA Residential Market by Country
7.9 LAMEA Others Market by Country

Chapter 8. LAMEA Optoelectronic Components Market by Country
8.1 Brazil Optoelectronic Components Market
8.1.1 Brazil Optoelectronic Components Market by Material
8.1.2 Brazil Optoelectronic Components Market by Application
8.1.3 Brazil Optoelectronic Components Market by Component
8.1.4 Brazil Optoelectronic Components Market by Vertical
8.2 Argentina Optoelectronic Components Market
8.2.1 Argentina Optoelectronic Components Market by Material
8.2.2 Argentina Optoelectronic Components Market by Application
8.2.3 Argentina Optoelectronic Components Market by Component
8.2.4 Argentina Optoelectronic Components Market by Vertical
8.3 UAE Optoelectronic Components Market
8.3.1 UAE Optoelectronic Components Market by Material
8.3.2 UAE Optoelectronic Components Market by Application
8.3.3 UAE Optoelectronic Components Market by Component
8.3.4 UAE Optoelectronic Components Market by Vertical
8.4 Saudi Arabia Optoelectronic Components Market
8.4.1 Saudi Arabia Optoelectronic Components Market by Material
8.4.2 Saudi Arabia Optoelectronic Components Market by Application
8.4.3 Saudi Arabia Optoelectronic Components Market by Component
8.4.4 Saudi Arabia Optoelectronic Components Market by Vertical
8.5 South Africa Optoelectronic Components Market
8.5.1 South Africa Optoelectronic Components Market by Material
8.5.2 South Africa Optoelectronic Components Market by Application
8.5.3 South Africa Optoelectronic Components Market by Component
8.5.4 South Africa Optoelectronic Components Market by Vertical
8.6 Nigeria Optoelectronic Components Market
8.6.1 Nigeria Optoelectronic Components Market by Material
8.6.2 Nigeria Optoelectronic Components Market by Application
8.6.3 Nigeria Optoelectronic Components Market by Component
8.6.4 Nigeria Optoelectronic Components Market by Vertical
8.7 Rest of LAMEA Optoelectronic Components Market
8.7.1 Rest of LAMEA Optoelectronic Components Market by Material
8.7.2 Rest of LAMEA Optoelectronic Components Market by Application
8.7.3 Rest of LAMEA Optoelectronic Components Market by Component
8.7.4 Rest of LAMEA Optoelectronic Components Market by Vertical

Chapter 9. Company Profiles
9.1 Sick AG
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 SWOT Analysis
9.2 Broadcom, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 SWOT Analysis
9.3 ON Semiconductor Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 SWOT Analysis
9.4 Samsung Electronics Co., Ltd. (Samsung Group)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 Hamamatsu Photonics K.K.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Acquisition and Mergers:
9.6 OSRAM GmbH (AMS AG)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.7 TT Electronics PLC
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional & Segmental Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Geographical Expansions:
9.8 Vishay Intertechnology, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research and Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Product Launches and Product Expansions:
9.9 TRUMPF SE + Co. KG
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Acquisition and Mergers:
9.10. Cree, Inc. (SMART Global Holdings, Inc.)
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense

TABLE 1 LAMEA Optoelectronic Components Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Optoelectronic Components Market, 2023 - 2029, USD Million
TABLE 3 LAMEA Optoelectronic Components Market by Material, 2019 - 2022, USD Million
TABLE 4 LAMEA Optoelectronic Components Market by Material, 2023 - 2029, USD Million
TABLE 5 LAMEA Gallium Nitride Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Gallium Nitride Market by Country, 2023 - 2029, USD Million
TABLE 7 LAMEA Gallium Arsenide & Gallium Phosphide Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Gallium Arsenide & Gallium Phosphide Market by Country, 2023 - 2029, USD Million
TABLE 9 LAMEA Silicon Carbide Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Silicon Carbide Market by Country, 2023 - 2029, USD Million
TABLE 11 LAMEA Indium Phosphide Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Indium Phosphide Market by Country, 2023 - 2029, USD Million
TABLE 13 LAMEA Silicon Germanium Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Silicon Germanium Market by Country, 2023 - 2029, USD Million
TABLE 15 LAMEA Optoelectronic Components Market by Application, 2019 - 2022, USD Million
TABLE 16 LAMEA Optoelectronic Components Market by Application, 2023 - 2029, USD Million
TABLE 17 LAMEA Measurement Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Measurement Market by Country, 2023 - 2029, USD Million
TABLE 19 LAMEA Lighting Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Lighting Market by Country, 2023 - 2029, USD Million
TABLE 21 LAMEA Communication Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Communication Market by Country, 2023 - 2029, USD Million
TABLE 23 LAMEA Security & Surveillance Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Security & Surveillance Market by Country, 2023 - 2029, USD Million
TABLE 25 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Others Market by Country, 2023 - 2029, USD Million
TABLE 27 LAMEA Optoelectronic Components Market by Component, 2019 - 2022, USD Million
TABLE 28 LAMEA Optoelectronic Components Market by Component, 2023 - 2029, USD Million
TABLE 29 LAMEA Sensor Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Sensor Market by Country, 2023 - 2029, USD Million
TABLE 31 LAMEA LED Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA LED Market by Country, 2023 - 2029, USD Million
TABLE 33 LAMEA Laser Diode & Infrared Components Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Laser Diode & Infrared Components Market by Country, 2023 - 2029, USD Million
TABLE 35 LAMEA Optoelectronic Components Market by Vertical, 2019 - 2022, USD Million
TABLE 36 LAMEA Optoelectronic Components Market by Vertical, 2023 - 2029, USD Million
TABLE 37 LAMEA Consumer Electronics Market by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA Consumer Electronics Market by Country, 2023 - 2029, USD Million
TABLE 39 LAMEA Telecommunication Market by Country, 2019 - 2022, USD Million
TABLE 40 LAMEA Telecommunication Market by Country, 2023 - 2029, USD Million
TABLE 41 LAMEA Automotive Market by Country, 2019 - 2022, USD Million
TABLE 42 LAMEA Automotive Market by Country, 2023 - 2029, USD Million
TABLE 43 LAMEA Military & Aerospace Market by Country, 2019 - 2022, USD Million
TABLE 44 LAMEA Military & Aerospace Market by Country, 2023 - 2029, USD Million
TABLE 45 LAMEA Medical Market by Country, 2019 - 2022, USD Million
TABLE 46 LAMEA Medical Market by Country, 2023 - 2029, USD Million
TABLE 47 LAMEA Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 48 LAMEA Manufacturing Market by Country, 2023 - 2029, USD Million
TABLE 49 LAMEA Commercial Market by Country, 2019 - 2022, USD Million
TABLE 50 LAMEA Commercial Market by Country, 2023 - 2029, USD Million
TABLE 51 LAMEA Residential Market by Country, 2019 - 2022, USD Million
TABLE 52 LAMEA Residential Market by Country, 2023 - 2029, USD Million
TABLE 53 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 54 LAMEA Others Market by Country, 2023 - 2029, USD Million
TABLE 55 LAMEA Optoelectronic Components Market by Country, 2019 - 2022, USD Million
TABLE 56 LAMEA Optoelectronic Components Market by Country, 2023 - 2029, USD Million
TABLE 57 Brazil Optoelectronic Components Market, 2019 - 2022, USD Million
TABLE 58 Brazil Optoelectronic Components Market, 2023 - 2029, USD Million
TABLE 59 Brazil Optoelectronic Components Market by Material, 2019 - 2022, USD Million
TABLE 60 Brazil Optoelectronic Components Market by Material, 2023 - 2029, USD Million
TABLE 61 Brazil Optoelectronic Components Market by Application, 2019 - 2022, USD Million
TABLE 62 Brazil Optoelectronic Components Market by Application, 2023 - 2029, USD Million
TABLE 63 Brazil Optoelectronic Components Market by Component, 2019 - 2022, USD Million
TABLE 64 Brazil Optoelectronic Components Market by Component, 2023 - 2029, USD Million
TABLE 65 Brazil Optoelectronic Components Market by Vertical, 2019 - 2022, USD Million
TABLE 66 Brazil Optoelectronic Components Market by Vertical, 2023 - 2029, USD Million
TABLE 67 Argentina Optoelectronic Components Market, 2019 - 2022, USD Million
TABLE 68 Argentina Optoelectronic Components Market, 2023 - 2029, USD Million
TABLE 69 Argentina Optoelectronic Components Market by Material, 2019 - 2022, USD Million
TABLE 70 Argentina Optoelectronic Components Market by Material, 2023 - 2029, USD Million
TABLE 71 Argentina Optoelectronic Components Market by Application, 2019 - 2022, USD Million
TABLE 72 Argentina Optoelectronic Components Market by Application, 2023 - 2029, USD Million
TABLE 73 Argentina Optoelectronic Components Market by Component, 2019 - 2022, USD Million
TABLE 74 Argentina Optoelectronic Components Market by Component, 2023 - 2029, USD Million
TABLE 75 Argentina Optoelectronic Components Market by Vertical, 2019 - 2022, USD Million
TABLE 76 Argentina Optoelectronic Components Market by Vertical, 2023 - 2029, USD Million
TABLE 77 UAE Optoelectronic Components Market, 2019 - 2022, USD Million
TABLE 78 UAE Optoelectronic Components Market, 2023 - 2029, USD Million
TABLE 79 UAE Optoelectronic Components Market by Material, 2019 - 2022, USD Million
TABLE 80 UAE Optoelectronic Components Market by Material, 2023 - 2029, USD Million
TABLE 81 UAE Optoelectronic Components Market by Application, 2019 - 2022, USD Million
TABLE 82 UAE Optoelectronic Components Market by Application, 2023 - 2029, USD Million
TABLE 83 UAE Optoelectronic Components Market by Component, 2019 - 2022, USD Million
TABLE 84 UAE Optoelectronic Components Market by Component, 2023 - 2029, USD Million
TABLE 85 UAE Optoelectronic Components Market by Vertical, 2019 - 2022, USD Million
TABLE 86 UAE Optoelectronic Components Market by Vertical, 2023 - 2029, USD Million
TABLE 87 Saudi Arabia Optoelectronic Components Market, 2019 - 2022, USD Million
TABLE 88 Saudi Arabia Optoelectronic Components Market, 2023 - 2029, USD Million
TABLE 89 Saudi Arabia Optoelectronic Components Market by Material, 2019 - 2022, USD Million
TABLE 90 Saudi Arabia Optoelectronic Components Market by Material, 2023 - 2029, USD Million
TABLE 91 Saudi Arabia Optoelectronic Components Market by Application, 2019 - 2022, USD Million
TABLE 92 Saudi Arabia Optoelectronic Components Market by Application, 2023 - 2029, USD Million
TABLE 93 Saudi Arabia Optoelectronic Components Market by Component, 2019 - 2022, USD Million
TABLE 94 Saudi Arabia Optoelectronic Components Market by Component, 2023 - 2029, USD Million
TABLE 95 Saudi Arabia Optoelectronic Components Market by Vertical, 2019 - 2022, USD Million
TABLE 96 Saudi Arabia Optoelectronic Components Market by Vertical, 2023 - 2029, USD Million
TABLE 97 South Africa Optoelectronic Components Market, 2019 - 2022, USD Million
TABLE 98 South Africa Optoelectronic Components Market, 2023 - 2029, USD Million
TABLE 99 South Africa Optoelectronic Components Market by Material, 2019 - 2022, USD Million
TABLE 100 South Africa Optoelectronic Components Market by Material, 2023 - 2029, USD Million
TABLE 101 South Africa Optoelectronic Components Market by Application, 2019 - 2022, USD Million
TABLE 102 South Africa Optoelectronic Components Market by Application, 2023 - 2029, USD Million
TABLE 103 South Africa Optoelectronic Components Market by Component, 2019 - 2022, USD Million
TABLE 104 South Africa Optoelectronic Components Market by Component, 2023 - 2029, USD Million
TABLE 105 South Africa Optoelectronic Components Market by Vertical, 2019 - 2022, USD Million
TABLE 106 South Africa Optoelectronic Components Market by Vertical, 2023 - 2029, USD Million
TABLE 107 Nigeria Optoelectronic Components Market, 2019 - 2022, USD Million
TABLE 108 Nigeria Optoelectronic Components Market, 2023 - 2029, USD Million
TABLE 109 Nigeria Optoelectronic Components Market by Material, 2019 - 2022, USD Million
TABLE 110 Nigeria Optoelectronic Components Market by Material, 2023 - 2029, USD Million
TABLE 111 Nigeria Optoelectronic Components Market by Application, 2019 - 2022, USD Million
TABLE 112 Nigeria Optoelectronic Components Market by Application, 2023 - 2029, USD Million
TABLE 113 Nigeria Optoelectronic Components Market by Component, 2019 - 2022, USD Million
TABLE 114 Nigeria Optoelectronic Components Market by Component, 2023 - 2029, USD Million
TABLE 115 Nigeria Optoelectronic Components Market by Vertical, 2019 - 2022, USD Million
TABLE 116 Nigeria Optoelectronic Components Market by Vertical, 2023 - 2029, USD Million
TABLE 117 Rest of LAMEA Optoelectronic Components Market, 2019 - 2022, USD Million
TABLE 118 Rest of LAMEA Optoelectronic Components Market, 2023 - 2029, USD Million
TABLE 119 Rest of LAMEA Optoelectronic Components Market by Material, 2019 - 2022, USD Million
TABLE 120 Rest of LAMEA Optoelectronic Components Market by Material, 2023 - 2029, USD Million
TABLE 121 Rest of LAMEA Optoelectronic Components Market by Application, 2019 - 2022, USD Million
TABLE 122 Rest of LAMEA Optoelectronic Components Market by Application, 2023 - 2029, USD Million
TABLE 123 Rest of LAMEA Optoelectronic Components Market by Component, 2019 - 2022, USD Million
TABLE 124 Rest of LAMEA Optoelectronic Components Market by Component, 2023 - 2029, USD Million
TABLE 125 Rest of LAMEA Optoelectronic Components Market by Vertical, 2019 - 2022, USD Million
TABLE 126 Rest of LAMEA Optoelectronic Components Market by Vertical, 2023 - 2029, USD Million
TABLE 127 Key Information – Sick AG
TABLE 128 Key Information – Broadcom, Inc.
TABLE 129 Key Information – ON Semiconductor Corporation
TABLE 130 Key Information – Samsung Electronics Co., Ltd.
TABLE 131 key information – Hamamatsu Photonics K.K.
TABLE 132 Key Information – OSRAM GmbH
TABLE 133 Key Information – TT Electronics PLC
TABLE 134 key Information – Vishay Intertechnology, Inc.
TABLE 135 Key Information – TRUMPF SE + Co. KG
TABLE 136 Key Information –Cree, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Sick AG
FIG 3 SWOT Analysis: Broadcom, Inc.
FIG 4 SWOT Analysis: ON Semiconductor Corporation
FIG 5 SWOT Analysis: Samsung Electronics CO. Ltd.