SEMIFIVE Files for Pre-IPO Review on KRX

Rhea-AI Summary

SEMIFIVE (SSNHZ) has filed its preliminary IPO application with the Korea Exchange (KRX) for listing on the KOSDAQ, with Samsung Securities and UBS as joint lead underwriters. The company has raised KRW 240 billion from notable investors including Pavilion Capital and Mirae Asset Venture Investment.

The company achieved KRW 111.8 billion in revenue for 2024, ranking as the top sales performer among Samsung Electronics' Design Solution Partners. SEMIFIVE's business model centers on its proprietary SoC design platform, covering chip design, mass production, and IP business through its subsidiary Analog Bits. With over 400 global employees, SEMIFIVE operates across multiple countries and collaborates with leading AI fabless companies.

Positive

• Achieved KRW 111.8 billion annual revenue in 2024, leading among Samsung Electronics' DSPs
• Successfully raised KRW 240 billion from prominent investors
• Global presence with operations in US, China, Japan, Vietnam, India, and Czech Republic
• Diversified revenue streams across chip design, mass production, and IP business
• Strategic partnerships with major AI companies and global foundries including TSMC, Samsung, and Intel

Negative

• Relatively young company (founded in 2019) in a highly competitive semiconductor market
• Heavy dependence on continued AI industry growth and demand for ASIC chips

SEOUL, South Korea, July 17, 2025 /PRNewswire/ -- SEMIFIVE, a leading design solution provider and pioneer of platform-based custom silicon solutions, today announced that it has submitted its preliminary IPO application to the Korea Exchange (KRX), marking the official start of its listing process on the KOSDAQ. Samsung Securities and UBS are serving as joint lead underwriters.

Since its founding in 2019, SEMIFIVE has demonstrated rapid business growth, raising a total of KRW 240 billion from prominent investors including Pavilion Capital (a Temasek subsidiary), Mirae Asset Venture Investment, Korea Investment Partners, Korea Development Bank, and Doosan Tesna. In 2024, just five years after its establishment, the company recorded KRW 111.8 billion in annual revenue and posted the highest sales among Samsung Electronics' official Design Solution Partners (DSPs) in the system semiconductor category.

SEMIFIVE's core strength lies in its proprietary, reusable, and automation-driven System on Chip (SoC) design platform, which enables the company to cover the entire system semiconductor value chain—from chip design and mass production to the IP business. This integrated approach has enabled SEMIFIVE to establish a robust revenue pipeline across all stages of the value chain.

From the outset, SEMIFIVE has collaborated with leading Korean AI fabless companies such as FuriosaAI and Rebellions to co-design and mass-produce AI and high-performance Computing (HPC) chips, building a stable revenue base. The company has been actively expanding its customer base through projects with HyperAccel, Mobilint, and XCENA, while also accelerating international revenue growth through new design wins from customers in the U.S., China, and Japan.

In the IP domain, SEMIFIVE has secured a solid revenue stream through its wholly owned subsidiary Analog Bits, a global leader in low-power mixed-signal IP. Analog Bits supplies core IPs—such as clocking, sensors, and SERDES—to global foundries including TSMC, Samsung Foundry, and Intel. By integrating these IPs into its SoC platform with automated implementation, SEMIFIVE enhances design efficiency and differentiation.

With a global workforce of over 400 employees, SEMIFIVE has established regional hubs in the U.S., China, Japan, Vietnam, India, and the Czech Republic to strengthen local customer engagement and technical support. The company has also been actively expanding its R&D investment to enhance technological competitiveness and accelerating the development of 'Premier', a CPU chiplet platform based on Arm architecture, as an Arm Total Design Partner.

"As AI is applied across a wide range of industries, the demand for ASIC is growing rapidly," said Brandon Cho, the CEO and co-founder of SEMIFIVE. "Our vision is to become The New Global Hub of Custom Silicon. We are committed to leading innovation in the next-generation ASIC market, playing a pivotal role."

Media Contact

Robin Kim, Senior Director, robin.kim@semifive.com

About SEMIFIVE

SEMIFIVE is the pioneer of platform based SoC design, working with customers to implement innovative ideas into custom silicon in the most efficient way. Our SoC platforms offer a powerful springboard for new chip designs and leverage configurable domain-specific architectures and pre-validated key IP pools. We offer comprehensive spec-to-system capabilities with end-to-end solutions so that custom SoCs can be realized faster, with reduced cost and risks for key applications such as data center or AI-enabled IoT. With a strong partnership with Samsung Foundry as a leading SAFE^TM DSP partner, as well as the larger ecosystem, SEMIFIVE provides a one-stop shop solution for any SoC design needs. For more information, please visit www.semifive.com.

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SOURCE SEMIFIVE

FAQ

When did SEMIFIVE file for IPO on the Korea Exchange?

SEMIFIVE filed its preliminary IPO application with the Korea Exchange (KRX) for KOSDAQ listing on July 17, 2025, with Samsung Securities and UBS as joint lead underwriters.

What is SEMIFIVE's annual revenue for 2024?

SEMIFIVE reported KRW 111.8 billion in annual revenue for 2024, achieving the highest sales among Samsung Electronics' Design Solution Partners in the system semiconductor category.

How much funding has SEMIFIVE raised before its IPO?

SEMIFIVE has raised a total of KRW 240 billion from investors including Pavilion Capital (Temasek subsidiary), Mirae Asset Venture Investment, Korea Investment Partners, Korea Development Bank, and Doosan Tesna.

What is SEMIFIVE's main business model?

SEMIFIVE operates a proprietary, reusable, and automation-driven System on Chip (SoC) design platform, covering the entire semiconductor value chain including chip design, mass production, and IP business through its subsidiary Analog Bits.

How many employees does SEMIFIVE have globally?

SEMIFIVE has over 400 employees globally with regional hubs in the U.S., China, Japan, Vietnam, India, and the Czech Republic.