SEMIFIVE Achieves Remarkable 137% Year-Over-Year Revenue Surge in Q1 2026

SEMIFIVE Reports Unprecedented Growth in Q1 2026

In a compelling announcement from SEMIFIVE, a prominent global provider of custom AI semiconductor (ASIC) solutions, the company has revealed its astonishing revenue milestone for the first quarter of 2026, achieving a remarkable 137% year-over-year growth. The figures released in their regulatory filing on May 15, 2026, indicate a consolidated revenue of KRW 47.9 billion and new orders amounting to KRW 55.4 billion, setting a record for the largest quarterly sales in the company’s history.

Engine of Growth: Strategic Development and Overseas Revenue

SEMIFIVE's success can largely be attributed to rapid growth across its three primary business segments: ASIC development services, mass production supply, and Intellectual Property (IP). By leveraging previously accumulated design projects, SEMIFIVE is now witnessing significant revenue from mass production, creating a virtuous cycle of growth. The revenues from the ASIC development sector alone reached KRW 28.0 billion, indicating a 2.6-fold increase compared to the previous year. This surge is powered by strategic efforts in North America and Japan, where overseas revenue now comprises over 60% of total development sales.

This strategic pivot from a domestic focus to international markets, especially in North America and Japan, is showing promising results. In Q1 2025, the focus was primarily on domestic sales, whereas Q1 2026’s figures signify a shift towards global outreach and customer acquisition, laying a strong foundation for sustained growth.

Transitioning to High-Margin Business Models

Another key strategy in SEMIFIVE's approach involves the transition to a high-margin business model through an increased focus on advanced process nodes, notably 2nm and 4nm for data center AI ASICs. Such a shift bolsters the company’s profitability while also ensuring a balanced growth trajectory by integrating 5nm and 8nm offerings targeted at edge AI applications. This strategic product mix showcases SEMIFIVE's commitment to delivering high-quality solutions that meet evolving market demands.

Mass Production: A New Era of Commercialization

The mass production segment is experiencing an unprecedented expansion phase, greatly influenced by sustained demand across various applications including data center AI, edge AI, and vision AI. Notably, in Q1 2026, SEMIFIVE secured purchase orders (POs) that constituted a staggering 74% of the total sales volume recorded for the entire previous year. This marks a significant milestone in the company's journey and demonstrates the successful commercialization of large-scale development projects.

Such traction not only highlights the company's expanding customer base but also emphasizes its capability in delivering on large-scale initiatives that were initiated from its inception. As these projects transition into mass production, SEMIFIVE anticipates a positive trajectory in growth moving forward, further supported by a well-structured pipeline of follow-up projects.

Sustained Growth in Intellectual Property

In the segment of Intellectual Property, SEMIFIVE observed nearly double the revenue compared to the same period last year, driven by a robust global demand for low-power mixed-signal IP from its subsidiary, Analog Bits. The significant spike in IP revenue can be linked to strong interest in advanced process nodes (2nm and 3nm). With a heightened emphasis on thermal management and power efficiency, the adoption of analog IP is forecasted to accelerate further, paving the way for continuous and stable revenue generation.

Brandon Cho, CEO and co-founder of SEMIFIVE, expressed confidence in the company’s performance, stating, "Our remarkable results this quarter were driven by the successful execution of industry-leading AI semiconductor projects. These achievements highlight our technological leadership in the high-value AI semiconductor market as we transition our accumulated development projects into mass production. Our focus will remain on leading the commercialization of high-performance innovative technologies and next-generation AI architecture solutions that contribute to the evolution of the semiconductor industry."

SEMIFIVE’s ongoing commitment to excellence and innovation positions it favorably in an increasingly competitive market. As the company continues to evolve and adapt to new industry demands, investors and customers alike can look forward to a promising future filled with potential advances and achievements.