ASICLAND Posts Record-High H1 Revenue, Returns to Operating Profit
▶ H1 revenue reaches KRW 113.7 billion, up 273% YoY
▶ Operating profit turns positive at KRW 5.0 billion
▶ Storage controller mass production strengthens recurring revenue base
▲ Image courtesy of ASICLAND (created using generative AI)
[August 14, 2026] ASICLAND (KOSDAQ: 445090, CEO Jong-min Lee), a leading ASIC design solutions provider, posted record-high first-half revenue in 2026 and returned to operating profitability.
The company recorded consolidated revenue of KRW 113.7 billion and operating profit of KRW 5.0 billion for the first half, representing a 273% increase in revenue year-on-year. The results were driven by growth in ASIC development projects and expanding mass-production revenue.
■ AI and Memory Projects Drive Record Growth
Development revenue reached KRW 92.6 billion, while mass-production revenue totaled KRW 21.2 billion, accounting for approximately 18.6% of total revenue.
ASICLAND’s first-half revenue also surpassed its full-year revenue for both 2024 and 2025. Growing demand for memory and storage solutions, supported by continued investment in AI and data center infrastructure, contributed to the strong performance.
■ Return to Operating Profit
First-half gross profit reached KRW 18.3 billion, with a gross margin of 16.1%. Operating profit came in at KRW 5.0 billion, with an operating margin of 4.4%.
The improvement reflects higher revenue from major development projects and storage controller mass production, as well as operating leverage from the company’s expanded business scale.
■ Development-to-Production Cycle Strengthens
ASICLAND is strengthening a business model that connects ASIC development with mass production and follow-on product development.
Several products, including storage controllers for mobile, consumer electronics and IoT applications, have entered mass production. In June, the company was also selected as a development partner for SK hynix’s next-generation eSSD controller, expanding its presence in the AI data center storage market.
■ Global Customer Base Continues to Expand
ASICLAND is also expanding its overseas business. In February, the company signed a semiconductor design and supply agreement with BrainChip for the development of its second-generation neuromorphic AI processor, AKD2500.
Its Taiwan R&D Center continues to strengthen capabilities in 3nm and 5nm advanced process technologies and CoWoS packaging, supporting projects across the U.S. and Asia.
CEO Jong-min Lee said, “The first half marked record-high revenue and a return to profitability as growth in development projects and mass-production revenue translated into stronger results. We will continue to expand high-value projects and follow-on production opportunities in AI and memory markets.”
ASICLAND Posts Record-High H1 Revenue, Returns to Operating Profit
▶ H1 revenue reaches KRW 113.7 billion, up 273% YoY
▶ Operating profit turns positive at KRW 5.0 billion
▶ Storage controller mass production strengthens recurring revenue base
▲ Image courtesy of ASICLAND (created using generative AI)
[August 14, 2026] ASICLAND (KOSDAQ: 445090, CEO Jong-min Lee), a leading ASIC design solutions provider, posted record-high first-half revenue in 2026 and returned to operating profitability.
The company recorded consolidated revenue of KRW 113.7 billion and operating profit of KRW 5.0 billion for the first half, representing a 273% increase in revenue year-on-year. The results were driven by growth in ASIC development projects and expanding mass-production revenue.
■ AI and Memory Projects Drive Record Growth
Development revenue reached KRW 92.6 billion, while mass-production revenue totaled KRW 21.2 billion, accounting for approximately 18.6% of total revenue.
ASICLAND’s first-half revenue also surpassed its full-year revenue for both 2024 and 2025. Growing demand for memory and storage solutions, supported by continued investment in AI and data center infrastructure, contributed to the strong performance.
■ Return to Operating Profit
First-half gross profit reached KRW 18.3 billion, with a gross margin of 16.1%. Operating profit came in at KRW 5.0 billion, with an operating margin of 4.4%.
The improvement reflects higher revenue from major development projects and storage controller mass production, as well as operating leverage from the company’s expanded business scale.
■ Development-to-Production Cycle Strengthens
ASICLAND is strengthening a business model that connects ASIC development with mass production and follow-on product development.
Several products, including storage controllers for mobile, consumer electronics and IoT applications, have entered mass production. In June, the company was also selected as a development partner for SK hynix’s next-generation eSSD controller, expanding its presence in the AI data center storage market.
■ Global Customer Base Continues to Expand
ASICLAND is also expanding its overseas business. In February, the company signed a semiconductor design and supply agreement with BrainChip for the development of its second-generation neuromorphic AI processor, AKD2500.
Its Taiwan R&D Center continues to strengthen capabilities in 3nm and 5nm advanced process technologies and CoWoS packaging, supporting projects across the U.S. and Asia.
CEO Jong-min Lee said, “The first half marked record-high revenue and a return to profitability as growth in development projects and mass-production revenue translated into stronger results. We will continue to expand high-value projects and follow-on production opportunities in AI and memory markets.”