SEMIFIVE Achieves Over KRW 100 Billion in Revenue in 5 Years - Remarkable Year-over-Year Growth Rate of 57%

Built a differentiated portfolio and accelerated revenue growth with its independently developed reusable and automated design platform

Secured key semiconductor IP and laid the foundation for long-term growth through next-generation technological innovations

SEOUL, South Korea, March 25, 2025 /PRNewswire/ -- SEMIFIVE, a leading design solution provider and pioneer of platform-based custom silicon solutions, announced that it has achieved the remarkable feat of surpassing KRW 100 billion in revenue within just five years of its founding. The company's consolidated revenue for 2024 reached KRW 111.8 billion, marking a significant increase of approximately 57% (56.8%) compared to the previous year (KRW 71.3 billion). The company demonstrated consistent growth, with KRW 123.8 billion in orders, marking an increase of approximately 42% (42.3%) compared to the previous year (KRW 87 billion).

SEMIFIVE, a company specializing in SoC platforms and ASIC design solutions, was founded in 2019 by Brandon Cho, CEO and co-founder of SEMIFIVE. He earned a bachelor's degree from Seoul National University's Electrical Engineering department and a master's and doctoral degrees in Computer Architecture from MIT. The has company successfully attracted more than KRW 240 billion in investment from domestic venture capital (VC) firms, including Pavilion Capital, a subsidiary of Temasek which is Singapore's sovereign wealth fund, Mirae Asset Venture Investment, Korea Investment Partners, and Korea Development Bank. At the time of its founding, Steve Park, former Executive Vice President of Samsung Electronics' System LSI Division, was appointed as co-president, and a team of experts with more than 20 years of experience from leading domestic and foreign companies and master's and doctoral-level engineers joined the company, drawing significant attention within the industry.

Differentiating Competitiveness with Low-Cost, High-Efficiency Design Platform, Revolutionizing the SoC Semiconductor Design Paradigm