Asicland Wins Ministry of Employment and Labor’s Commendation Award at 2022 Gyeonggi-do Small-and-Medium-Business entrepreneurs Conference

Asicland announced on July 5, 2022 that they received a commendation award from the Minister of Employment and Labor at the recently held "2022 Gyeonggi Small-and-Medium-Business entrepreneurs Competition.

The company is the exclusive VCA (Value Chain Aggregator) of TSMC, located in Korea. Many ASICs(Application-Specific Integrated Circuits) and SoCs(System-on-Chips) of Korean leading fabless are developed and mass-produced by ASICLAND. Recently, it won an additional government project “Development of Edge AI Accelerator and Solution for Real-time Media Quality Enhancement" with SAPEON Inc., an affiliate of SK Group.

Jong-min LEE, CEO of Asicland, said "It is a great honor to have our efforts and achievements recognized at the biggest event for small and medium business." He went on to say, "I will keep leading the way in creating jobs and a better work environment through a stable growth like now."

The company designs high-quality system semiconductors and outsources the flow after fabrication, providing turnkey semiconductor manufacturing services for its customers. As a semiconductor solution provider, the biggest competitive edge of this company is an excellent technology for both domestic and foreign fields.

As of last year, the company had sales of over 45 billion won, and it is expected that its sales will reach about 80 billion won this year. Youth-friendly employee welfare programs include △a year-end bonus, △a loan from the employee life stabilization fund, and △a refresh vacation. In addition to supporting different types of clubs and operating flexible work hours, it also allows employees to leave work at 4 p.m. every Friday for their work-life balance.