# Amber Enterprises unit and Korea Circuit form JV for semiconductor substrates in India

ILJIN Electronics (India), a unit of Amber Enterprises India, signed a joint venture agreement with Korea Circuit Co. to establish a new company in India for manufacturing semiconductor substrates, including HDI and Flex PCBs. ILJIN will hold a 70% stake and Korea Circuit 30%.

- Type: Partnership
- Announced: 2024-10-15
- Where: India, India
- Status: announced
- Products: semiconductor substrates, HDI PCBs, Flex PCBs
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Amber Enterprises India](https://endata.com/companies/38150.md)
- [ILJIN Electronics (India)](https://endata.com/companies/80443.md)
- [Korea Circuit](https://endata.com/companies/50272.md) (partner)

## Sources

- [ndtvprofit.com](https://www.ndtvprofit.com/business/amber-enterprises-korea-circuit-jv-semiconductor-substrates-india-9965249), 2024-10-15: "ILJIN will hold a 70% stake in the JV, while the rest will be held by Korea Circuit."

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