UPDATED. 2024-06-20 07:03 (목)
Qualitas to raise funds for research into UCIe PHY IP for chiplets
Qualitas to raise funds for research into UCIe PHY IP for chiplets
  • Noh Tae Min 기자
  • 승인 2024.05.09 07:55
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Image: Qualitas Semiconductor
Image: Qualitas Semiconductor

Qualtias Semiconductor said on Tuesday that it will raise 59.5 billion won through a share offering.

Out of the total, 57.5 billion won will be spent up to 2027 for the research and development of new chip IPs, the company said,

49.5 billion won will be spent on next-generation products and the application of an AI-based development process. 8 billion won will be spent on forming new research centers abroad.

Qualitas Semiconductor was listed on Kosdaq last year through its interface technology receiving an AA/A grade.

It is developing the ultra-fast interface PHY IP as a partner of Samsung Foundry.

The company is developing PCIe 6.0 PHY IP that will be used in chip production later this year.

A Qualitas Semiconductor spokesperson said few companies can offer the IP and its commercialization is expected to boost its profits significantly.

The majority of the research funds will go into the development of UCIe PHY IP, the next standard interface for chiplets formed by Samsung, Nvidia, Intel, Arm, TSMC, and other major chipmakers.

The spokesperson said Samsung Foundry, TSMC, and Intel are competing to develop UCIe IPs as more companies are adopting chiplet technology for their chips, such as Nvidia’s Blackwell series.

Qualitas Semiconductor expects it can supply UCIe PHY IPs in late 2025 at the earliest, they also said.

The new shares will be issued on June 11 at an expected price of 23,000 won per share, the company added.


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