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Seongnam-based fabless chip designer that makes power management ICs for lighting, audio and LNB converter uses.
Wellang Co., Ltd. was founded in 2002 and is based in Seongnam, South Korea. It is a fabless semiconductor company that supplies power management integrated circuits for lighting, audio and low noise block converter regulator uses. In August 2023, Well to Sea Investment, KDB Capital and Aves Partners agreed to fully acquire the company for KRW 84 billion. It reported revenue of KRW 41.5 billion and operating profit of KRW 4.1 billion in 2022.
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