Semifive, a company specialized in customized semiconductor (ASIC) design, announced on the 18th that it has officially entered the initial public offering (IPO) process by submitting a preliminary review application for its KOSDAQ listing to the Korea Exchange on the 17th.
The underwriters for the listing are Samsung Securities and UBS Securities. Founded in 2019, Semifive has attracted a total of 240 billion won in cumulative investments from major investors, including Pavilion Capital under Singapore's Temasek, Mirae Asset Venture Investment, Korea Investment Partners, the Industrial Bank of Korea, and DOOSAN TESNA. Last year, it achieved annual sales of 111.8 billion won in just five years since its founding, recording the highest sales in the system semiconductor sector among official design solution partners of Samsung Electronics.
Semifive's core competitiveness lies in its self-developed, reuse and automation-based system-on-chip (SoC) design platform. Since its early days, Semifive has collaborated with leading domestic AI fabless companies, such as Furiosa AI and Rebellions, to co-design and mass-produce key AI and high-performance computing (HPC) chips. Collaborative development with HyperXcel, Mobilint, and Exina is also actively ongoing. It has continuously secured AI semiconductor design projects for global customers in the United States, China, and Japan.
In the IP field, it has built a revenue base for IP through its subsidiary, Analog Bits. Analog Bits is a global leader in the low-power mixed-signal IP sector, supplying key IP for clocking, sensors, and other components to global foundries, including TSMC, Samsung Foundry, and Intel.
Jo Myung-hyun, CEO of Semifive, noted, "As AI is applied across various industries, the demand for ASICs is surging," adding, "Semifive will play a pivotal role in the next-generation ASIC market as a new global hub for custom AI semiconductors."