Today, a strategic alliance emerged between Inova Semiconductors and Samsung Foundry. The two companies have unveiled plans for the Korean foundry, Samsung, to take part in the production of Inova’s innovative ISELED smart LED controller products. This collaboration will serve as a multi-source production strategy, alongside Inova’s existing foundries. Mass production is anticipated to commence by the fourth quarter of 2024.
The ‘Digital LED’ or ISELED technology has witnessed skyrocketing popularity, predominantly within the automotive sector. Esteemed car producers across Europe and prominently in Asia have seamlessly integrated this technology. Its user-friendly nature, devoid of binning or user-calibration needs, combined with adaptability to central/domain-based architectures, ensures its accelerated market entry.
The ISELED Alliance, an influential consortium of over 50 lighting specialists from various corners of the globe, staunchly supports Inova’s technological strides. This dynamic group includes leading Tier 1s, adept equipment manufacturers, and seasoned light designers. With current trajectories, Inova foresees a production landmark: one billion ISELED chips annually by 2026.
Reflecting on the partnership’s significance, Mr. Robert Kraus, CEO of Inova, expressed, “With the high acceptance of ISELED especially in Asia, and the enormous growth rates which far exceed even optimistic expectations we simply have to ensure that we can always reliably supply our global automotive customers. As more, we are happy that we soon can strengthen our supply chain through Samsung Foundry as an additional source with CoAsia SEMI as DSP (Design Solution Partner) of Samsung Foundry supporting the effort.” CoAsia SEMI will participate, lending expertise as Samsung Foundry’s Design Solution Partner (DSP).
Gibong Jeong of Samsung Electronics conveyed, “Automotive semiconductors are a field that requires technological stability and reliability based on research and development experience. We hope that new automotive customers like Inova can lead the innovation and technological development of next-generation future cars based on Samsung Foundry’s process technology leadership.”
Echoing the partnership’s broader impact, Mr. Shin Dong-Soo from CoAsia’s Semiconductor Business Division shared, “Through this contract with Inova, we have established a closer relationship with the German automotive industry. We will actively respond to the increasing demand for various automotive semiconductor applications and continue to create sustainable future value through a win-win partnership with Samsung Foundry.”
This union signifies the nexus of titans, propelling the automotive industry into a technologically advanced epoch. As these stalwarts unite, the horizon of automotive innovation appears ever-radiant.
