SemiFive Inc. (Ticker: 490470 KS) is a South Korea-based semiconductor design solution provider specializing in custom System-on-Chip (SoC) platforms and ASIC design services. The company plans to list on the KOSDAQ exchange on December 29, 2025. SemiFive intends to offer 5.4 million new shares within a target price range of KRW 21,000 to KRW 24,000 per share. At the lower end of this guidance, the IPO is expected to raise KRW 113.4 billion (approximately $77.1 million USD).

Founded in 2019, SemiFive operates as a Design Solution Partner (DSP) within the Samsung Advanced Foundry Ecosystem (SAFE), acting as a bridge between fabless companies and Samsung’s foundry manufacturing. The company offers turnkey services ranging from architecture planning to packaging, with expertise in advanced process nodes including 14nm, 8nm, and 5nm. Strategic backers include RISC-V computing company SiFive, Inc., which holds an 18% stake. Samsung Securities is serving as the lead underwriter for the transaction. While the company generated reported revenues of KRW 111.8 billion, it remains loss-making, and proceeds will reportedly support continued R&D and ecosystem expansion.