IT Minister met executives from APACT, Hyundai Mobis and Seoul Semiconductor to seek investments in semiconductors, EVs and display manufacturing

In this image posted on July 7, 2026, Andhra Pradesh HRD, IT, Electronics and Communication Minister Nara Lokesh in a group photograph with LG Chem Global Strategy Center President and Head of LG Overseas Holding Companies, Yun-ju Ko and others during a meeting, in Seoul, South Korea. | Photo Credit: Via PTI Photo
Andhra Pradesh IT Minister Nara Lokesh is currently on an official tour of South Korea, scouting for investments to boost the state’s technology and manufacturing sectors.
On Tuesday, Lokesh met with the chief executive of APACT, Seong Dong Lee, and expressed his gratitude for the company’s decision to set up a new facility in the southern state.
“I met with the CEO, Seong Dong Lee, of APACT, a renowned company in semiconductors, assembling, packaging and testing (OSAT), in Seoul. I thanked him for deciding to set up a centre in AP (Andhra Pradesh) in partnership with ASIP,” said Lokesh in a post on X today.
Focus on semiconductor skills and manufacturingLokesh said he requested Lee to partner with the state to train the youth in OSAT semiconductor technologies.
Likewise, the TDP working president also held talks with executive vice president, Youngbin Kim and Vice President Hanseok Park of Hyundai Mobis, a South Korean automotive modules, components and electrification components manufacturer.
He requested them to establish an Electric Vehicle semiconductor hub in Andhra Pradesh.
Push to attract global technology investmentsOn Monday, Lokesh met with Vice President of Seoul Semiconductor, Taehyung Lee, and requested him to establish the company’s display fab facility in or around Sri City, among other engagements.
Published on July 7, 2026
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