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R&D and Innovation
Investment in Research and Development Resources
Radiant Opto-Electronics continues to dedicate itself to the research and development of panel technology and related products. In the fiscal year 2023, the Company invested approximately NT$2,042,116 thousand in R&D expenses, which accounted for 4.63% of its total revenue. In anticipation of future innovations in manufacturing processes and new product development, the Company plans to continue investing 3-4% of its operating income in R&D expenses for 2024. These funds are primarily allocated to the advancement of optical design, mold design and manufacturing technology, injection LGP technology, non-injection LGF, and research and development in Mini LED processes, maintaining its leadership position in the industry.
In 2023, Radiant Opto-Electronics’ Taiwan facility employed 238 R&D-related staff members, accounting for 27.2% of the total workforce. Leveraging the diverse expertise of talent across various domains, these professionals significantly contribute to the overall R&D synergy of Radiant Opto-Electronics. The Company continues to focus on research and development, with the proportion of R&D personnel and R&D expenditures increasing annually in response to the Company’s long-term growth and strategic planning. By continuously investing in research and development resources, Radiant Opto-Electronics aims to reinforce its global leadership in technology and product innovation, consistently delivering more advanced and environmentally friendly products, contributing to the sustainable development of society and the environment.
Patent Research and Development Strategy
Radiant Opto-Electronics Corporation submits nearly 100 patent proposals annually and has amassed over 1,190 local and international patent applications. For three consecutive years since 2020, we have been ranked among the top 100 corporate invention patent applications in Taiwan, with our ranking improving each year. The patent technology of Radiant Opto-Electronics Corporation primarily originates from the Corporation’s R&D activities and creative thinking. The introduction of the Taiwan Intellectual Property Management System (TIPS) has strengthened the interaction between the R&D and intellectual property units. In addition to the continual updates to the patent prior art database by the IP units, which aid in providing similar patent data for reference during proposal discussions, this year has seen a collaboration with the IT department to develop the PATS Intellectual Property Management System. This system has enabled the online submission of patent proposals internally at Radiant, allowing R&D colleagues to conduct cross-departmental patent proposal searches during the ideation phase.
