What's Happening?
SEMIFIVE, a leader in custom AI semiconductor design, has submitted its securities registration statement to the Financial Services Commission to pursue a listing on the KOSDAQ market. The company plans
to offer 5.4 million shares, with an expected price range of KRW 21,000 to KRW 24,000 per share, aiming to raise between KRW 113.4 billion and KRW 129.6 billion. SEMIFIVE specializes in AI inference and high-performance computing chip design, collaborating with domestic AI fabless companies and expanding its capabilities to edge computing and autonomous driving applications. The company has demonstrated competitiveness through its 'one-stop AI ASIC solution' and big-die design capability, establishing itself as a key partner in the AI and HPC sectors.
Why It's Important?
The KOSDAQ listing is significant for SEMIFIVE as it seeks to strengthen its technological leadership and expand its global presence. The company has secured AI chip design projects for customers in the U.S., China, and Japan, enhancing its role in the global supply chain. The IPO proceeds will be used to enhance engineering expertise in Southeast Asia, acquire next-generation IP companies, and establish a solid operational base for mass production. This expansion is expected to drive robust growth and contribute to innovation in the semiconductor industry, positioning SEMIFIVE as a globally competitive company.
What's Next?
Following the IPO, SEMIFIVE plans to intensify its R&D investments to improve the scalability of its existing SoC platform and strengthen its competitiveness in next-generation AI chip design. The company is developing the 'Premier' CPU chiplet platform based on Arm architecture using Samsung Foundry's 4nm process. The proceeds from the IPO will also support the acquisition of advanced AI semiconductor technologies and the establishment of a sustainable growth foundation. SEMIFIVE aims to list on the KOSDAQ market within the year, following the book-building and subscription processes in November.
Beyond the Headlines
SEMIFIVE's expansion into the U.S., China, and Japan highlights the growing demand for AI chip design solutions globally. The company's collaboration with major OEMs to deliver custom solutions for on-device AI, such as vision AI, reflects the increasing importance of AI in various applications. SEMIFIVE's subsidiary, Analog Bits, provides essential technologies for advanced semiconductor designs, further strengthening its position in the industry. The company's focus on large-scale projects with Samsung Foundry's advanced processes is expected to boost revenue growth and solidify its role as a key player in the AI and HPC sectors.
