ASICLAND(CEO Jong-min, Lee), system semiconductor company, announced on the 3^rd that it was selected as a ‘Kibo-star venture company’ by KIBO in recognition of its global competitiveness.

ASICLAND is a company specializing in ASIC services that perform number of high-level tasks such as 7nm, 12nm, 16nm, and 28nm processes with its own technology. Its own engineers, who are experienced with various fields such as SoC, Front End, DFT(Design For Test, Back End, Package, Test and so on, communicate with customers and develop their own chips by reflecting customer’s request as much as possible.

Kibo-star venture company is a system to foster Korean hidden champion by selecting companies with a certain level of technology business evaluation ratings, equity capital and sales, among those that entered the leap three years after their founding.

The newly selected Kibo-star venture company has various benefits such as liquidity support worth up to 5 billion won, including investment for five years, application of fixed guarantee rate (0.5%), preferential guarantee ratio (95%), support for guarantee-linked investment, attracting venture capital investment, and KOSDAQ 'special listing'

Lee Jong-min, CEO of ASICLAND, said “We will lead innovative growth industry and focus on developing high technologies to step up to a global hidden champion” and “ We will do our best to drive national economic development and contribute to job creation.”