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Korean fabless semiconductor startup sourcing European/US partners for technical/business collaboration

Summary

Profile Type
  • Business Offer
POD Reference
BOKR20250109004
Term of Validity
9 January 2025 - 9 January 2026
Company's Country
  • South Korea
Type of partnership
  • Commercial agreement
  • Supplier agreement
  • Investment agreement
Targeted Countries
  • All countries
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General information

Short Summary
Headquartered in Seoul, Korea, the company is a fabless semiconductor startup in analog and digital chip design.
The company specializes in Smart Power/Analog SoCs that integrate power, analog, and MCU. Utilizing proprietary semiconductor design IPs, the company delivers innovative products to meet market and customer needs. Its portfolio includes Smart Analog-Power SoCs, Signal Conditioning SoCs, High-Speed Data Conversion SoCs, Power Management ICs.
Full Description
The Korean company was founded in November 2018 by a team of highly skilled professionals with extensive expertise in analog and digital chip design, hailing from diver regions within Korea and around the globe. the startup has emerged as a leading provider of cutting-edge analog & power system-on-chip and sensor signal conditioning IC products. The company's specialization lies in the development of intelligent analog and power chips catering to a wide range of applications, including the industrial, measurement, and automotive sectors. The startup has gained recognition as a national high-tech enterprise, acknowledged by local government and technology agencies for its exceptional contributions. To further enhance research and development capabilities, the company has established dedicated service centers in Seoul. With a vast portfolio of over 383 core IP technologies and associated patents, the company has made its mark on the global stage.

The semiconductor company is a total offering of high-efficiency, high-performance, and cutting-edge semiconductor provider, most significantly on power management, analog & digital converter, microcontroller, and signal processors. the startup's unwavering focus lies in analog to digital conversion, multi-channel power management, microprocessor technologies, analog-power management SoC, and sensor signal conditioning. Committed to delivering outstanding solutions, the company strives to provide customers with high-performance and top-quality electronic products for both industrial and consumer applications, creating efficient, intelligent, and energy-saving integrated power management solutions through smart analog-power SoCs.

On top of these building block technologies, the innovative startup also finds the opportunity for high-technology value addition with on-device AI, enabling components in the already great system-on-chip, trying to strive with its technological differentiation over the competitors. Edge AI chip from the company is designed to facilitate the development of advanced signal processing-related on-device AI systems. It is a high-performance synthetic signal processing SoC specifically designed to enable real-time processing and data analysis. It is equipped with an on-chip inference accelerator based on cutting-edge CNN architecture and hardware activation functions optimized for efficient speech processing, featuring real-time text-to-speech and keyword spotting without networked cloud servers.

The vast portfolio of proprietary intellectual properties makes the Korean company design the semiconductor even more significantly in a sizeable manner compared to the competitor's products with identical features and components. With its vast intellectual properties and fabrication and design capabilities, the startup's experience in chipmaking & designing excellence adds differentiation in the size department. Compared to its competitors, the semiconductor startup is able to stay in small size with more required features and components in a sizeable building block, keeping the customers and partners maintain the design excellence with additional features to their products with the same size for the actual system board.
Advantages and Innovations
The Korean startup develops products that integrate high-precision analog semiconductors with high-efficiency power semiconductors. For example, they offer a range of high performance products such as ultrasonic sensor semiconductors for autonomous parking assistance, proximity sensor semiconductors, and solar efficiency optimization system semiconductors. The semiconductor company possesses the expertise to implement microcontrollers, digital signal processors, and neural processing units on a single chip.

The innovative company holds high-precision analog and high-efficiency power semiconductor technologies based on analog and power semiconductor IP. This enables them to provide optimal solutions for various industrial and automotive semiconductor markets.

The company offers a wide range of products, including Smart Analog-Power SoCs, Signal Conditioning SoCs, High-Speed Data Conversion SoCs, and Power Management ICs. These products are used in various applications, including industrial, automotive, and consumer sectors. This diverse product lineup allows them to meet the demands of multiple markets.

The newly rising startup has rapidly grown. In 2023, they secured 7 billion KRW in Series A funding, and in 2024, they raised 15 billion KRW in Series B funding. The company holds over 383 core IP technologies and related patents, gaining recognition in the global market.

The startup's products are superior to competitors in terms of high performance, high efficiency, and multifunctional integration, offering excellent price competitiveness. on-device AI system semiconductors, which integrate analog and power semiconductors with AI processors, have garnered significant attention in the market. Leveraging these competitive advantages, the company is strengthening its position in the global market and expanding its applicability across various industrial sectors through continuous technological innovation.
Stage of Development
  • Already on the market
Sustainable Development Goals
  • Goal 7: Affordable and Clean Energy
  • Goal 8: Decent Work and Economic Growth
  • Goal 10: Reduced Inequality
  • Goal 9: Industry, Innovation and Infrastructure
IPR status
  • IPR granted

Partner Sought

Expected Role of a Partner
The company is a total offering of high-efficiency, high-performance, and cutting-edge semiconductor providers, most significantly on power management, analog & digital converter, microcontroller, and signal processors. On top of these building block technologies, it also finds the opportunity for high-technology value addition with on-device AI, enabling components in the already great system-on-chip, trying to strive with its technological differentiation over the competitors. The vast portfolio of proprietary intellectual properties makes the company design the semiconductor even more significantly in a sizeable manner compared to the competitor's products with identical features and components.

As the above scale of description offers, the company is a globally growing semiconductor startup company that keeps on innovating and developing its already high-profile intellectual properties portfolio. The growth in revenue and expected scale of business it forecasts in two to three years of time frame looks significant as the company is on the verge of making a quantum leap to the next stage of business strategy and situation. To make this crucial opportunity for growth with even more firm acceleration and leverage, the startup wants to have the opportunity for a business partnership for a global/local sales distributor.

The company, although it already has several sales & distributing partners in local & few overseas locations, would like the opportunity to have more presence in the global scene with sales & distribution partnerships. The most interesting continents are the following: North America and Europe. As the semiconductor business is more about precise supply & demand forecasting and growing its shipment numbers, it is crucial to accumulate the global demand with the support of partnerships all over the globe.

The Korean startup, if the partnership has been successfully agreed, will provide the rights for the distribution and sales in specific geolocation, as well as the rights to marketing and reasonable commission for the sales & promotion. Once the target criteria for sales goals are met, which will be discussed together once the distributing agreements are made, the company is also willing to provide bonus incentives for present & future encouragement. Details of the agreement are set to be discussed in detail.

To make the best out of this sales & distribution partnership, the startup seeks these attributes from the suitable partnership: experience with semiconductor distribution with vast sales channels in the specific geolocation, understanding of the semiconductor ecosystem, and ability to handle customer services and requirements. Since the semiconductor business dynamics the company is facing is one that is quite complicated, it is crucial and necessary to have the right bonding with the right candidate for the sales & distribution partnership.

Other than seeking the opportunity for sales & distribution partner, the company has less interest in other partnerships as human resources and talent pool bring a sufficient level of human networking and understanding of the overall market situation and business dynamics. Therefore, the company will focus only on seeking the right geolocational sales channel.
Type and Size of Partner
  • SME 50 - 249
Type of partnership
  • Commercial agreement
  • Supplier agreement
  • Investment agreement

Dissemination

Market keywords
  • 03003 - Power Supplies
  • 07006 - Other Consumer Related (not elsewhere classified)
Targeted countries
  • All countries