Aims the global market through a system semiconductor design platform 

ASICLAND Co., Ltd (CEO Jongmin LEE) is preparing a quantum jump by the IPO slated for the last half of 2023.

It is expected that this company will generate $94M-$117M of revenue next year, resulting from major customers' additional orders and volume production, after six years of spectacular growth of doubled sales per year.

The cash received from investments will be used to secure manpower and to develop global markets as a way to kill two birds with one stone; stability and expansion.

ASICLAND is a design house that offers a total solution for system semiconductors. It is renowned for the exclusive Korean VCA(Value Chain Alliance) of TSMC, the world’s No.1 foundry.

This company has provided a bridge for many Korean fabless companies to connect with TSMC, and ASICLAND has also successfully completed many government projects. The company's technology has been recognized as a design contributor to the first Korean AI semiconductor, SAPEON X220.

In addition, it provides one-stop turnkey solutions covering the entire process, from SoC design to Front-end/Back-end design to followed-process including test or package management.

What makes this leading company more innovative is the SoC automation platform, which minimizes errors as well as reduces development durations.

In taking this momentum, it won many certificates including the Presidential Commendation, the $10 million Export Tower respectively last year, and the Ministry of Employment and Labor’s Commendation, the Suwon Small and Medium Business Grand Award this year.

Jongmin LEE, CEO of ASICLAND, said “taking a global market like the US, China as our outpost, we will take part in a variety of semiconductor developments which applications are automotive, metaverse and etc.”

<Source: HANKOOKILBO>