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Seoul Semiconductor weighs India LED plant to tap ISM 2.0 incentives

What happened

Seoul Semiconductor is evaluating plans to build an LED manufacturing plant in India to leverage government incentives. This marks the first major Korean optoelectronics firm to follow India's ISM 2.0 scheme. The project could reshape the regional supply chain but currently has no immediate impact on pricing.

Impact and signal

Medium impactImpact score: 60/100

Affected components and suppliers

LEDsOptoelectronics
Seoul Semiconductor
capacity_expansionpolicy_incentivekorea_india

Source and time

Source: DigiTimes Asia · 7/20/2026 · View original source

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