ASICLAND Achieves 27% Revenue Growth in 2024… Continues Strategic Investments to Secure Future Technologies
▶ 2024 revenue reaches KRW 94 billion, up approximately KRW 20 billion year-over-year… AI and memory sales remain strong despite semiconductor market uncertainty.
▶ Investments in advanced 2nm and 3nm process technology and chiplet platform development expected to improve profitability in the second half of 2025.
[March 21, 2025] ASICLAND continues to strengthen its global competitiveness while maintaining solid growth despite uncertainties in the semiconductor market.
ASICLAND (445090), a leading company in ASIC (Application-Specific Integrated Circuit) design solutions, announced on the 21st that its consolidated revenue for 2024 reached KRW 94.1 billion, marking a 27% increase from the previous year. The steady growth in AI and memory sales indicates that the company’s competitiveness remains strong despite rising uncertainties in the semiconductor industry.
However, strategic investments aimed at enhancing future competitiveness led to a temporary increase in costs in 2024. Factors such as ▲ the development of on-device AI platforms, ▲ expansion of R&D personnel, ▲ increased overseas investments to strengthen global technological competitiveness impacted the company's financial structure, resulting in an operating loss of KRW 17 billion.
Recently, ASICLAND has been bolstering its global competitiveness by securing expertise in advanced 2nm and 3nm process design at its Taiwan branch and aggressively recruiting engineers specializing in CoWoS (Chip-on-Wafer-on-Substrate) packaging technology. Based on these efforts, the company expects to expand orders for high-value projects such as 3nm process technology, neuromorphic computing, and high-performance computing (HPC). Additionally, ASICLAND has begun developing a next-generation chiplet-based platform to implement a long-term high-margin strategy, securing both technological and financial advantages in the future.
A company representative stated, "The increase in costs is part of a long-term strategy to strengthen our technological edge and market share," adding, "Starting in the second half of 2025, the results of these technology investments will gradually materialize, leading to a normalization of profitability."
ASICLAND Achieves 27% Revenue Growth in 2024… Continues Strategic Investments to Secure Future Technologies
▶ 2024 revenue reaches KRW 94 billion, up approximately KRW 20 billion year-over-year… AI and memory sales remain strong despite semiconductor market uncertainty.
▶ Investments in advanced 2nm and 3nm process technology and chiplet platform development expected to improve profitability in the second half of 2025.
[March 21, 2025] ASICLAND continues to strengthen its global competitiveness while maintaining solid growth despite uncertainties in the semiconductor market.
ASICLAND (445090), a leading company in ASIC (Application-Specific Integrated Circuit) design solutions, announced on the 21st that its consolidated revenue for 2024 reached KRW 94.1 billion, marking a 27% increase from the previous year. The steady growth in AI and memory sales indicates that the company’s competitiveness remains strong despite rising uncertainties in the semiconductor industry.
However, strategic investments aimed at enhancing future competitiveness led to a temporary increase in costs in 2024. Factors such as ▲ the development of on-device AI platforms, ▲ expansion of R&D personnel, ▲ increased overseas investments to strengthen global technological competitiveness impacted the company's financial structure, resulting in an operating loss of KRW 17 billion.
Recently, ASICLAND has been bolstering its global competitiveness by securing expertise in advanced 2nm and 3nm process design at its Taiwan branch and aggressively recruiting engineers specializing in CoWoS (Chip-on-Wafer-on-Substrate) packaging technology. Based on these efforts, the company expects to expand orders for high-value projects such as 3nm process technology, neuromorphic computing, and high-performance computing (HPC). Additionally, ASICLAND has begun developing a next-generation chiplet-based platform to implement a long-term high-margin strategy, securing both technological and financial advantages in the future.
A company representative stated, "The increase in costs is part of a long-term strategy to strengthen our technological edge and market share," adding, "Starting in the second half of 2025, the results of these technology investments will gradually materialize, leading to a normalization of profitability."