Y2 Solution

What Y2 Solution does

Y2 Solution (와이투솔루션) is a South Korea-based, KOSPI-listed power electronics manufacturer founded in 1976 that designs, develops, and manufactures power supply units (PSU) and related power modules. Its core products include Display PSU for TVs and monitors, LED lighting power solutions, and Electric Vehicle Charger Power Supply units (EVC PSU) in 30kW (UL-certified) and 35kW (KC-certified) variants. The company serves enterprise B2B customers including display manufacturers, LED lighting companies, and EV charging infrastructure providers, with anchor relationships spanning decades, notably with LG Group since 1987 and a 2015 LED solution supply contract with Osram Sylvania.

The company operates a multi-country manufacturing and sales footprint spanning South Korea (Hwaseong, Seoul, Cheongdo), China (Harbin since 1992, Qingdao since 2012), Vietnam (Hanoi since 2023), and a US sales office opened in 2022. Revenue is generated through direct B2B sales of custom-designed PSU modules under enterprise pricing arrangements, with no publicly disclosed pricing model. The firm also holds multiple government and industry recognitions, including a $100M Export Tower Award (2008), the Order of Industrial Merit (2010), and a Presidential Award at the LED & OLED EXPO (2014).

Since 2018, Y2 Solution has broadened its portfolio beyond traditional display PSU into EVC power (2018), biotechnology via the Luxa Biotechnology joint venture with the National Stem Cell Institute (2019, RMAT designation and CIRM grant in 2024-2025), ESL retail hardware via an equity stake in Telica (2024), robotics via the HRT Robotics acquisition (2025), and bioenergy (2025). In 2021, Deokwoo Electronics (덕우전자) became the largest shareholder, establishing a controlling ownership relationship. Despite the KOSPI listing since 1995, no consolidated revenue, headcount, or margin data is publicly disclosed in the input.

Name

Y2 Solution

Legal name

와이투솔루션

Website

https://y2solution.com

Company type

Public

Founded year

1976

Operating status

Operating

Headcount range

11–50 employees

Short description

Y2 Solution is a South Korea-based, KOSPI-listed power electronics manufacturer founded in 1976 that designs and manufactures power supply units for displays, LED lighting, and electric vehicle chargers, serving enterprise B2B customers globally.

Ownership category

akta.pro rank

Product category

Power Electronics Manufacturing

NAICS

Power, Distribution, and Specialty Transformer Manufacturing (335311)

SIC

Power, Distribution & Specialty Transformers (3612), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Power Supplies & Power Cables (PSUs) (HDACAGAE)

akta.pro secondary industry

AC-DC Power Supplies (Industrial PSUs, DIN-rail, enclosed/open-frame) (IMAGADAA)

Keywords

• Power supply units
• Display electronics
• EV charger power
• LED lighting solutions
• Power electronics manufacturing

Headquarters

HQ city

Hwaseong

HQ country

South Korea

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Power Supply Unit (PSU) Sales: Design, development, and manufacturing of power supply solutions for various applications including displays, LED lighting, and EV chargers. Revenue is generated through direct B2B sales to electronics manufacturers and EV charging infrastructure companies.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Y2 Solution designs, develops, and manufactures power supply units (PSUs) primarily for display (TV/monitor) applications, LED lighting, and electric vehicle (EV) fast chargers. The company is a market leader in Display PSU solutions and offers modular PSU products with multiple international certifications (UL, KC). It operates manufacturing facilities in South Korea, China, and Vietnam with global B2B sales operations.

Product overview

Y2 Solution is a power electronics company that has evolved from its 1976 foundation into a diversified technology enterprise. The core business centers on power supply solutions, including Display Power Supply Units (PSU) for TVs and displays, PSU Modules, and EVC (Electric Vehicle Charger) Power Supplies in 30kW and 35kW variants. The company has expanded into LED lighting solutions with international supply contracts (including Osram Sylvania) and VLC (Visible Light Communication) technology. Recent diversification includes biotechnology ventures through Luxa Biotechnology (regenerative medicine, RMAT-designated) and robotics through HRT Robotics acquisition, as well as bioenergy business entry in 2025. The company operates manufacturing facilities in South Korea, China (Harbin, Qingdao), Vietnam (Hanoi), and maintains a US sales office.

Differentiator

Problem solved

Functional benefit

Products and services

• Display Power Supply Units (PSU) Power supply units designed for TV and display applications; represents the company's flagship product line and a market-leading position in display power solutions. Targeted at electronics and display manufacturers.
• PSU Modules Modular power supply units developed and manufactured by Y2 Solution for various industrial applications; serves as the underlying technology platform for the company's broader PSU offerings.
• EVC PSU (Electric Vehicle Charger Power Supply) Power supply units designed specifically for electric vehicle fast-charging stations; available in 30kW (UL-certified) and 35kW (KC-certified) variants. Targeted at EV charging infrastructure manufacturers and operators.
• LED Lighting Solutions LED lighting products and power solutions for commercial and industrial applications, including 6 models designated as excellent products by the Korean Public Procurement Service. The company has a supply contract with Osram Sylvania (USA). Targeted at LED lighting manufacturers and commercial lighting customers.
• VLC (Visible Light Communication) Technology Visible Light Communication technology using LED lighting for data transmission, awarded the Presidential Award at LED & OLED EXPO in 2014. Targeted at lighting and communications technology integrators.
• Bioenergy Products Bioenergy business entered in 2025, representing the company's expansion into renewable energy solutions in line with its green energy and ESG strategy. Targeted at the renewable energy market.

Quantifiable outcome

• Established as leader in Display PSU market

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and major.

• HRT RoboticscoreStrategic or Co-development Partner · 1 January 2025Acquired management rights of HRT Robotics in 2025 as part of business portfolio expansion into robotics
• NSCI (National Stem Cell Institute)majorStrategic or Co-development Partner · 1 January 2019Joint venture Luxa Biotechnology established in the USA in 2019 with NSCI for biotechnology research
• Osram SylvaniamajorTechnology or Integration · 1 January 2015LED solution supply contract signed in 2015 with Osram Sylvania for LED lighting solutions

Scale indicators4 records

Recent moves8 records

Expansion highlights8 records

Direct peers

• Salcomp: Finnish power supply manufacturer specializing in smartphone chargers and industrial PSUs, now part of a larger Indian conglomerate. Comparable as a custom PSU specialist serving global OEM customers.
• Mean Well Enterprises: One of the world's largest standard power supply manufacturers, headquartered in Taiwan. Direct competitor in industrial/LED PSUs and increasingly in EV charging power modules, making it the most analogous peer to Y2's PSU business.
• TDK-Lambda: Industrial-grade AC-DC and DC-DC power supply manufacturer serving industrial, medical, and test equipment customers. Comparable as a specialist PSU vendor targeting B2B customers with custom/high-reliability solutions.
• Lite-On Technology: Taiwan-based power supply and optoelectronics manufacturer with strong presence in display/TV PSUs and emerging EV charging power. Direct head-to-head competitor in Y2's core display PSU market.
• FSP Group: Taiwan-based PSU manufacturer with strong presence in display/TV power supplies, LED drivers, and industrial power. Directly competitive with Y2 in display PSU and expanding into EV charging.
• Cosel Co., Ltd. Japanese manufacturer of industrial switching power supplies and AC-DC converters. Comparable as a focused PSU specialist with similar B2B go-to-market and custom-engineering capabilities.

Broad incumbents

• Delta Electronics: Global power and thermal management leader with a broad portfolio spanning industrial PSUs, EV charging systems, and LED drivers. Offers overlapping capabilities with Y2 across display, EV, and LED power segments but at a much larger scale.
• Advanced Energy (Artesyn Embedded Power): US-based precision power conversion company with strong industrial PSU presence. Comparable as a higher-power industrial PSU specialist and a potential customer/competitor in EV charging infrastructure.

Regional players

• Seoul Semiconductor: Korean LED chip and lighting company with related power electronics needs. Comparable as a Korean-listed lighting/electronics player and an adjacent — not direct PSU — peer operating in Y2's LED customer ecosystem.

Emerging players

• Mornsun Power: China-based AC-DC and DC-DC power module manufacturer with growing presence in industrial and rail PSUs. Comparable as an emerging Asian PSU specialist competing on price/customization in industrial applications.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/y2solution

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Y2 Solution