➀ South Korean chip storage company Mdevice has received preliminary approval to list on Kosdaq; ➁ The company filed for the listing in September; ➂ The listing is based on a special rule allowing unprofitable companies to go public.
Recent #Kosdaq news in the semiconductor industry
➀ Point2 Technology, a fabless chip company, is aiming for a valuation of over 1 trillion won upon its listing on the Korean bourse Kosdaq in 2026; ➁ The company CEO, Sean Park, has stated that they expect revenues of over 10 billion won in 2025, increasing to 50 billion won and 100 billion won in 2026 and 2027 respectively.