South Korean semiconductor company EYEQ Lab plans IPO in 2025

South Korean semiconductor company EYEQ Lab plans to go public around 2025. The company was originally a fabless company, but has now transformed into an IDM company. It plans to invest 100 billion won (about 530 million yuan) to build a wafer fab with a planned production capacity of 144,000 wafers per year, and is expected to be put into production in September 2025.