Seoul semiconductors is one of the world leading LED producers. Both Forbes and Business Week list the company as one of the most promising enterprises in Asia. Seoul semiconductors primarily produces LED packaging and modules. They pride themselves in being adaptable to customer design and demand. The portfolio of LED products includes high brightness and high flux packages used in automotive lighting as well as many industrial and domestic applications. Seoul Semiconductors had revenue of $290 mil. in 2007. Last year its intellectual property was safeguarded by 1443 patents and 264 licenses. In order to safeguard the operation of its 25 international subsidiaries and 90 contracted sales companies it now settled with Professor Gertrude Neumark Rothschild on a license agreement. Prof. Rothschild used to teach at Columbia University and on the 19th of February of 2008 started legal proceedings at the US ITC against 34 companies.