SEMIFIVE Pursues KOSDAQ Listing with Unique AI Semiconductor Solutions
SEMIFIVE: Charting New Heights in AI Semiconductor Design
SEMIFIVE, a pioneering force in the custom AI semiconductor (ASIC) sector, has taken a significant step towards becoming a publicly traded company by submitting its securities registration application to the Financial Services Commission in South Korea, with plans to list on the KOSDAQ. This move aligns with the company's growth trajectory and plans for further expansion in the global semiconductor market.
IPO Details and Market Expectations
The upcoming IPO involves the offering of 5.4 million shares at an anticipated price range of KRW 21,000 to KRW 24,000 per share. With total projected proceeds between KRW 113.4 billion and KRW 129.6 billion, SEMIFIVE is aiming for a market capitalization of approximately KRW 708 billion to KRW 809.2 billion. Following this strategic move, the company intends to complete its book-building and subscription in November 2025, with hopes to officially secure a presence in the KOSDAQ by this year.
A Unique Proposition in the Semiconductor Landscape
Founded in 2019, SEMIFIVE has established itself as a leader in the design of system-on-chip (SoC) platforms driven by AI capabilities. The firm collaborates with several renowned AI fabless companies, enhancing its chip design expertise to cater to data center needs, edge computing, and more advanced projects such as autonomous driving.
What distinguishes SEMIFIVE is its 'one-stop AI ASIC solution,' which encapsulates everything from the initial specification to the final stages of chip design and mass production. This end-to-end process is crucial in today’s fast-paced technology landscape, allowing SEMIFIVE to meet the evolving demands of its international customers, especially in the U.S., China, and Japan.
Performance Metrics: A Testament to Growth
The figures speak volumes about SEMIFIVE's market presence. The company's cumulative revenue by Q3 2025 is projected to surpass KRW 90 billion, bolstered by robust demand for AI chips. The consolidated order intake has witnessed a remarkable growth, from KRW 57 billion in 2022 to KRW 123.8 billion in 2024, showcasing the company's capacity for sustained success and its ability to scale operations seamlessly.
This consistent upward trend is further cemented by partnerships with Samsung Foundry and ongoing projects in various cutting-edge semiconductor processes (ranging from 2nm to 14nm). By leveraging advanced technologies, SEMIFIVE is not only enhancing its product portfolio but also solidifying its leadership position within the semiconductor sector.
Global Expansion and Future Prospects
As SEMIFIVE continues to grow beyond its domestic boundaries, it has successfully landed multiple AI chip design projects for customers in the U.S., China, and Japan, demonstrating an active role in the global supply chain. The company currently collaborates with approximately 70 customers, highlighting its sustained global relevance and agility amidst fierce competition.
Additionally, SEMIFIVE is keenly focused on enhancing its engineering capabilities across Southeast Asia, aiming to build a resilient operational foundation for mass production and long-term sustainability. These efforts, particularly through strategic partnerships and innovative technology development, are expected to fuel the company's trajectory towards leading the next generation of AI chip technologies.
Leveraging IPO Proceeds for Growth
The funds raised from the IPO will be critically channeled to bolster SEMIFIVE's engineering resources in Southeast Asia, acquire next-gen IP companies to integrate advanced semiconductor technologies, and solidify its operational operations for production.
In a statement, Brandon Cho, CEO of SEMIFIVE, emphasized the company's commitment to maintaining its unique position as a domestic AI ASIC specialist capable of delivering comprehensive design and production services, thereby driving innovation within the K-semiconductor ecosystem.
With a promising future on the horizon, SEMIFIVE is poised to make waves in the semiconductor industry, leveraging its unique strengths and innovative solutions to thrive in a competitive landscape. The upcoming IPO will be a defining moment, paving the way for expansion and positioning SEMIFIVE as a major contributor to global semiconductor advancements.