Earnings & Results
SEMIFIVE Books KRW 178.4 Billion in Q3 Orders as AI ASIC Demand Lifts Backlog to Record
By News Desk ·
Key takeaways
- SEMIFIVE secured KRW 178.4 billion in new orders in the third quarter of 2026, a 437% increase from KRW 33.2 billion a year earlier.
- The company's order backlog reached a record KRW 245.5 billion, up 75% from KRW 140.3 billion in the previous quarter.
- ASIC Service new orders rose 705% year over year to KRW 136.9 billion, led by a high-performance computing project win in North America.
SEMIFIVE secured KRW 178.4 billion in new orders in the third quarter of 2026, a 437% increase from KRW 33.2 billion in the same period a year earlier, the company said in a PR Newswire announcement on November 13, 2026. The order backlog reached a record KRW 245.5 billion.
SEMIFIVE's ASIC Service Orders Reach KRW 136.9 Billion
SEMIFIVE is a South Korean provider of custom AI semiconductor, or ASIC, solutions, founded in 2019 and headquartered in Seongnam, according to company records. Its ASIC Service business booked KRW 136.9 billion in third-quarter new orders, up 705% from KRW 17.0 billion a year earlier, the company said. A high-performance computing project win in North America anchored that segment.
Third-quarter orders were about 2.8 times the KRW 63.3 billion booked in the previous quarter, a 182% quarter-over-quarter increase, and 1.5 times the KRW 118.9 billion in new orders for the first half of 2026. Third News attributed the record quarter to AI demand and North American HPC projects.
For the first nine months of 2026, SEMIFIVE recorded cumulative revenue of KRW 146.1 billion, up 62% year over year. Product revenue rose 167% quarter over quarter to KRW 12 billion from KRW 4.5 billion, and the cumulative gross profit margin reached 28%, up 11 percentage points year over year.
"Our latest performance proves that SEMIFIVE has entered a new phase of accelerated growth in the global AI ASIC market," said Brandon Cho, CEO and Co-Founder of SEMIFIVE.
SEMIFIVE's Contract Wins on the Books
SEMIFIVE signed a KRW 18 billion turnkey design contract in March 2026 for a next-generation AI NPU on Samsung's 4nm process, according to akta.pro company records. The same records show a KRW 10 billion design-win contract in February 2026 with U.S.-based Niobium for a fully homomorphic encryption accelerator on Samsung's 8nm process.
In May 2026, SEMIFIVE disclosed a strategic collaboration with FotoNation on turnkey development of the TriSilica perceptual AI chip family, with a planned Multi-Project Wafer shuttle at the end of 2026, the records show.
How SEMIFIVE's Order Book Built Up
SEMIFIVE reported a 97% year-over-year revenue surge to KRW 94.7 billion in the first half of 2026, according to PR Newswire. In September 2026, the company began mass production of AI inference accelerators for data centers from HyperExcel on Samsung Foundry's 4nm process, Nate reported.
SEMIFIVE's Investor Meetings Run to December 3
SEMIFIVE will hold investor meetings from November 18 to December 3, 2026, to present its third-quarter results, with domestic analyst group meetings on November 18, one-on-one meetings on November 24-25 and overseas institutional investor meetings on December 1-3, according to The future of trading.