Search results for ASICland
Industry
ASICland posts 1.4 billion won Q3 operating profit, turns profitable year on year
ASIC design solutions firm ASICland said it posted consolidated third-quarter revenue of 48.3 billion won and operating profit of 1.4 billion won. Revenue jumped 199 percent from a year earlier and operating results swung from a 4.5 billion won loss. The company recorded a quarterly net loss of 3.0 billion won, citing foreign exchange losses. Development and mass-production sales both rose, with product sales expanding sharply.
Industry
AsicLand adds contract with Primemas for CXL 3.2 chiplet development
AsicLand said on Monday it expanded its contract with Primemas to develop a next-generation chiplet system-on-chip to 9.5 billion won. It extended the contract period to enhance technical specifications and ensure product completeness. The Falcon-1 chipset will include CXL 3.2 and a chiplet interface, and is part of Primemas\' chiplet-based SoC platform Hublet. AsicLand will handle backend design, testing and tape-out work.
Finance
IBK Bank supplies 2.5 trillion won in venture capital over three years
IBK Bank said it provided 2.5 trillion won in venture capital to innovative venture startups between January 2023 and November this year. It supplied funding to about 3,000 firms and plans to add 140 billion won by month-end. The bank said 34 companies that received funding since 2023 have completed listings. A bank official said it will continue to support firms with innovative technology and expand venture capital supply.