- SEMIFIVE (SSNHZ, Financial) files for IPO on Korea Exchange (KRX) with Samsung Securities and UBS as lead underwriters.
- The company achieved KRW 111.8 billion in annual revenue for 2024, making it the top sales performer among Samsung Electronics' Design Solution Partners.
- It raised KRW 240 billion from investors including Pavilion Capital and Mirae Asset Venture Investment.
SEMIFIVE (SSNHZ), a pioneering design solution provider specializing in custom silicon solutions, has officially filed for a preliminary IPO review with the Korea Exchange (KRX) for listing on the KOSDAQ. Samsung Securities and UBS have been appointed as joint lead underwriters for the listing process, marking a significant step in the company's growth trajectory.
Since its founding in 2019, SEMIFIVE has rapidly grown, raising a total of KRW 240 billion from prominent investors such as Pavilion Capital, a subsidiary of Temasek, and Mirae Asset Venture Investment. In 2024, SEMIFIVE recorded KRW 111.8 billion in revenue, securing its position as the leading sales entity among Samsung Electronics' official Design Solution Partners (DSPs) in the system semiconductor category.
The company's business model revolves around its proprietary, reusable, and automation-driven System on Chip (SoC) design platform, which spans the entire semiconductor value chain. This platform enables SEMIFIVE to engage in chip design, mass production, and IP business through its subsidiary, Analog Bits, a leader in low-power mixed-signal IP.
With over 400 employees globally, SEMIFIVE has established regional hubs in countries including the U.S., China, Japan, Vietnam, India, and the Czech Republic, enhancing its local customer engagement and technical support capabilities. The company has been actively expanding its R&D investments to boost its technological competitiveness.
CEO Brandon Cho commented on the IPO filing, emphasizing the rapidly growing demand for ASIC chips and SEMIFIVE's vision to become a global hub for custom silicon innovations. As the company continues to expand its partnerships with major AI companies and global foundries, it aims to play a pivotal role in leading the next generation of ASIC market innovations.
