CoAsia Semi will manufacture ISELED products from Inova Semiconductors

Both companies signed a corresponding production license agreement

Munich/Seoul, November 18th, 2025 – CoAsia Semi (CEO Dong-Soo Shin) and Germany’s Inova Semiconductors GmbH have signed a wafer manufacturing license agreement for ISELED 1.0, a key component for premium automotive interior lighting. Through this agreement, Inova secures a new Samsung Foundry base to expand its global ISELED supply network, while CoAsia Semi gains the ability to independently develop and produce ISELED based automotive LEDs. By combining CoAsia Semi’s chip technology with ITSWELL’s LED packaging and module manufacturing, the CoAsia Group has established a vertically integrated ISELED value chain — from wafer to finished module. The partnership is expected to enhance supply efficiency for automakers such as Hyundai and Kia and strengthen Korea’s automotive semiconductor ecosystem. Both companies expect this agreement to help shorten delivery times and improve procurement efficiency for Korean automakers such as Hyundai and Kia. “Sharing the ISELED technology with other industry partners is key to be a standard in the industry” said Robert ISELE, CEO from Inova. He added: “This is a further step to strengthen our resilient supply network for the ISELED technology, as required by our global customers.” DS Shin (Dong-Soo Shin), CEO of CoAsia SEMI and Head of the Semiconductor Division at CoAsia Group commented, “This license agreement demonstrates the synergy within CoAsia Group by integrating CoAsia Semi’s chip design capabilities with ITSWELL’s LED packaging and assembly, achieving vertical integration in the ISELED value chain. Going forward, we will continue to strengthen our competitiveness in the domestic automotive semiconductor industry and further expand our portfolio in this field.” The collaboration aims to strengthen the Korean automotive semiconductor ecosystem and support supply chain stability for automakers such as Hyundai and Kia. CoAsia Semi also plans to expand the applications of ISELED technology beyond vehicle interior lighting to areas such as smart lighting, micro-LED, and integrated display systems.

About CoAsia SEMI CoAsia SEMI is a subsidiary of CoAsia Corporation, a KOSDAQ-listed company, and represents the semiconductor division of the CoAsia Group, which includes CoAsia SEMI, CoAsia Nexell, and CoAsia Electronics. CoAsia SEMI is an official Design Solution Partner (DSP) of Samsung Foundry and an Arm Total Design partner. The company operates design centers and sales/marketing hubs across Korea, the United States, Taiwan, China, Germany, Vietnam, India, and Singapore. Based on this global network, CoAsia SEMI provides specialized services in system semiconductor design and advanced package development. Its capabilities include offering a wide range of design services—from SoC design to packaging, covering both front-end and back-end design—and it is maintaining a global distribution network through CoAsia Electronics. The company also recently unveiled its own chiplet-architecture platform, CoCs™. Through its SoC design services, turnkey business model, and advanced packaging solutions, CoAsia SEMI delivers one-stop semiconductor design solutions tailored to customer needs. About Inova Semiconductors Inova Semiconductors GmbH is a fabless semiconductor company based in Munich. Founded in 1999, the company develops high-speed serial data communication for the automotive sector (APIX®/APXpress). The third generation of APIX® (Automotive Pixel Link) products is now the de facto standard for SerDes solutions in the automotive sector. Inova is also known for its SMART LED technology (ISELED®) and network connection technology for SMART LEDs and sensors (ILAS®) – a comprehensive ecosystem and industry standard for connecting lights and sensors, supported by more than 60 companies in the ISELED Alliance. Under the name APXpress (Automotive Pixel Express), the company has developed a novel high-speed data backbone for zonal architectures and software-defined vehicles (SDVs). It supports up to 500 independent data channels at speeds of up to 32 Gbps with minimal latency. Inova Semiconductors' products are manufactured by leading semiconductor manufacturers (foundries) in Asia and marketed through a global sales and distribution network. Inova has received numerous awards in recent years for its outstanding technological innovations, growth and status as an attractive employer. Further information at: https://inova-semiconductors.de