# Semifive signs KRW 9.9B chip design contract with Niobium Microsystems

Semifive has signed a contract with Niobium Microsystems to supply fully homomorphic encryption accelerator semiconductor design and prototypes. The contract is valued at 9.9 billion won, running from January 2026 to August 2027.

- Type: Contract
- Announced: 2026-02-19
- Where: United States
- Value: $7.40M (9.90B KRW)
- Status: announced
- Products: fully homomorphic encryption accelerator semiconductor design, prototypes
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [SEMIFIVE](https://endata.com/companies/59695.md) (supplier)
- [Niobium Microsystems](https://endata.com/companies/90431.md) (customer)

## Sources

- [awakeplus.co.kr](https://www.awakeplus.co.kr/data/view/20260219900236), 2026-02-19: "계약내용 : 완전동형암호 가속기 반도체 설계 및 시제품 공급 계약"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.