# Gaonchips signs 24.5 billion won ASIC design contract

Gaonchips Co., Ltd. entered into a contract to design application-specific integrated circuits (ASICs) for an unnamed counterparty, valued at 24.5 billion won, running from December 20, 2023 to October 15, 2025.

- Type: Contract
- Announced: 2023-12-21
- Value: $18.8M (24.5B KRW)
- Status: completed
- Products: application-specific integrated circuits (ASICs)
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Gaonchips](https://endata.com/companies/65019.md)

## Sources

- [awakeplus.co.kr](https://www.awakeplus.co.kr/data/view/20231221900172), 2023-12-21: "계약내용 : 주문형 반도체 ASIC 설계 개발"

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