📊Executive Summary

Semifive has received preliminary approval for listing on the KOSDAQ, marking a significant step in its growth as a semiconductor ASIC solution provider. Founded in 2019, the company has seen a dramatic increase in new orders, from 5.7 billion KRW in 2020 to 100 billion KRW in 2024, driven by the rising demand for customized semiconductors, particularly in AI applications. The company is focusing on enhancing its design platform and aims to expedite market entry for its AI ASIC products. With projects underway for global clients, including those in the US, China, and Japan, Semifive is poised for substantial growth, leveraging funds from its upcoming IPO for operational and R&D investments....