Sanken, Kaynes to explore partnership in manufacturing LEDs, power devices

What happened

Japan's Sanken Electric announced it has reached an agreement with Kaynes Semicon Private Limited, an India-based OSAT (semiconductor assembly and test services) provider headquartered in Karnataka, to explore a strategic collaboration in outsourced manufacturing of LEDs and power devices in India. The proposed collaboration is intended to strengthen the companies' competitive position in India's growing market; by combining Sanken Electric's global customer base and high-quality product portfolio with Kaynes' manufacturing capabilities in India, the two companies intend to pursue new business opportunities across India's automotive, industrial, and consumer markets, aiming to mitigate risks associated with fluctuations in demand while maximizing investment efficiency. In the LED business, Sanken Electric will explore opportunities for expanding its presence in the Indian market, with Kaynes providing support as an OSAT partner. Going forward, the two companies will continue to discuss key matters on the outsourced manufacturing of LEDs and power devices; the agreement is at the exploration stage with no concrete implementation confirmed.

Impact and signal

Affected components and suppliers

Source and time

Source: Evertiq · 11/11/2026 · View original source