The Only Domestic TSMC Value Chain Partner 'ASIC Land' Begins KOSDAQ Listing Process

ASICLAND, the only TSMC VCA in Korea, has officially begun its KOSDAQ listing process.

ASICLAND (CEO Jongmin Lee), a leading company in ASIC (Application-Specific Integrated Circuit) design solutions, announced on the 18th that it has submitted a preliminary review application to the Korea Exchange and will commence official procedures for listing on the KOSDAQ within this year. Samsung Securities is the lead underwriter for the listing.

Founded in 2016, ASICLAND is a leading company in custom semiconductor design services and system-on-chip development.

The company’s core strengths include ▲a key partnership with the global No.1 TSMC ▲providing turnkey services based on deep understanding of TSMC processes and securing various references ▲building a unique SoC automated design platform ▲and establishing a virtuous cycle of scale-up from development to mass production.

Since its inception, the company has focused on targeting the global market and has strived to establish differentiated technological competitiveness based on the system semiconductor paradigm and cutting-edge processes. Within two years of its founding, it was selected as an ADP partner of the global IP company Arm, and in 2019, just three years later, it obtained the official partner status of VCA from TSMC, the world’s No.1 foundry, a status unique in Korea. Recently, due to the global semiconductor industry’s demand for process miniaturization, high-performance semiconductors, and chiplet-compatible processes, ASICLAND’s order backlog for new projects has significantly increased, supported by its high understanding of TSMC processes and top-level R&D competitiveness.

So far, ASICLAND has secured a clear competitive advantage by providing turnkey solutions that cover the entire semiconductor process from chip development to mass production, unlike typical backend-focused design houses, and by possessing unique in-house design capabilities such as an SoC automated design platform and AI-based backend solutions.

In particular, the company has secured response capabilities based on understanding TSMC’s advanced and legacy processes, which are in high demand worldwide by fabless companies, achieving an official Tape Out count of 237 as of the end of last year. Alongside this, ASICLAND has built various milestones including Korea’s first AI semiconductor development support, the world’s first mass production support for 5G semiconductors for base stations, and mass production product lineups for key customers in the 4th industrial revolution.

As a result, the company’s business performance has reached record highs every year, achieving not only quantitative growth but also qualitative growth. Sales grew approximately 55% from 42.2 billion KRW in 2021 to 65.6 billion KRW in 2022, and operating profit also increased significantly from 2.8 billion KRW to 10.9 billion KRW.

Regarding this, CEO Jongmin Lee of ASICLAND stated, “We will diligently complete the remaining IPO schedule to finalize our KOSDAQ listing within this year, and after listing, we will accelerate growth by advancing into the U.S. market, enhancing our business, and strengthening global competitiveness.”

This content was produced with the assistance of AI translation services.