Actually, when you execute the 'echo mem > /sys/power/state' command, the system goes to the "suspend-to-memory" power saving mode, turning most of the SoC IPs off. The display backlight is controlled by the backlight driver, you can check its definitions in the system .dts file.
You can find more information in the BSP documentation, please find it attached.
Have a great day,
Artur
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