by Lee Ji-yoon
Published : June 11, 2026 - 10:04:38
Gaonchips announced Thursday it has signed an ASIC semiconductor design and development contract with a global AI chipmaker.
The deal is valued at 29.6 billion won ($19.4 million), equivalent to 43.22 percent of the company's 2025 sales.
The contract runs through June 30, 2028.
The company said it would withhold disclosure of the counterparty's identity through Dec. 10 at the client's request to protect trade secrets.
This content was produced with the assistance of AI translation services.
Woman defecates on Tokyo street as police walk past
Sept. 2, 2026
E-scooters to be banned from Seoul's Daechi-dong hagwon district starting Sept. 30
Sept. 6, 2026
Chainlink founder says Korea has all the pieces for on-chain finance — except one
Aug. 2, 2026
Actor Kim Ok-bin announces pregnancy 10 months after marriage
Sept. 7, 2026
Ukraine eyes legalizing adult content to fund war, buy 30,000 drones
Sept. 6, 2026
