Global Technology Submits Securities Registration Statement for KOSDAQ Listing

Global Technology, a global fabless system semiconductor company, has officially begun its initial public offering (IPO) process.

On July 29, Global Technology announced that it had submitted its securities registration statement to the Financial Services Commission.

Through this IPO, Global Technology plans to publicly offer 4 million new shares. The desired listing price range, or offer price band, is set between 13,000 won and 15,000 won per share, with the total expected public offering amount ranging from 52 billion won to 60 billion won. Based on this band, the anticipated market capitalization is approximately 254.6 billion won to 293.7 billion won, with the total number of shares to be listed estimated at around 19.58 million. The lead underwriter is Korea Investment & Securities, and the company aims to go public on KOSDAQ within this year.

Its flagship product, the LED Driver IC (LDI), has surpassed a cumulative delivery of 200 million units, demonstrating strong market credibility. Up to 800 LDIs are used in a single Mini LED TV, and as many as 1,500 in an RGB LED TV. This means that developing just one product can lead to cumulative sales dozens or even hundreds of times greater.

Total sales amounted to 21.9 billion won in 2023, 25.7 billion won in 2024, and 29.7 billion won in 2025, showing a steady upward trend. In the first half of 2026, the expanded proportion of LDI sales enabled the company to nearly equal its previous annual performance and improve profitability in just six months.

With its RGB time-division drive technology, the company enhanced its cost competitiveness. On this foundation, it has maintained high-resolution and low-power characteristics and secured a price advantage even in the face of aggressive low-cost moves from Chinese competitors. Currently, joint verifications are underway with two other companies, and promotional campaigns are being conducted for major Chinese TV manufacturers.

With the IPO, Global Technology plans to focus on next-generation system semiconductor R&D, facility investments in production lines for Micro LED mass production, and attracting top-tier semiconductor design professionals.

Minseon Kim, CEO of Global Technology, stated, "Building on the submission of our securities filing, we will further advance our power-efficient and ultra-compact IC design technologies, transforming into a leading global fabless system semiconductor company in the display and automotive semiconductor markets."

This content was produced with the assistance of AI translation services.