# Inova Semiconductors signs Samsung Foundry for ISELED LED production

Inova Semiconductors signed a deal with Samsung Foundry to be an additional source for its ISELED smart LED controllers, with long-term mass production starting in Q4 2024. Inova expects to produce 1 billion devices per year by 2026.

- Type: Contract
- Announced: 2023-08-08
- Where: South Korea
- Status: announced
- Capacity: 1 billion devices per year by 2026
- Products: ISELED smart LED controllers, automotive LEDs
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [INOVA Semiconductors](https://endata.com/companies/59534.md)
- [Samsung Electronics](https://endata.com/companies/647.md) (supplier)

## Sources

- [eenewseurope.com](https://www.eenewseurope.com/en/inova-looks-to-samsung-on-path-to-a-billion-leds-a-year/), 2023-08-08: "Inova Semiconductors in Germany has signed a deal with Samsung Foundry to be an additional source for its ISELED smart LED controllers from 2025."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.