NuAxiSemiconductor trade intelligence

IVWorks Targets Kosdaq IPO After Securing GaN Wafer Customers

What happened

IVWorks secured 6 billion won in pre-IPO funding to scale 8-inch GaN-on-SiC production and has begun mass production. The company filed for a Kosdaq listing to support this capacity expansion, signaling a transition from R&D to volume manufacturing.

Impact and signal

Medium impactImpact score: 60/100

Affected components and suppliers

GaN-on-SiC epitaxial wafersGaN epitaxial wafers

IVWorks

capacity_expansionIPOGaN

Source and time

Source: The Elec · 4/8/2026 · View original source

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IVWorks Targets Kosdaq IPO After Securing GaN Wafer Customers

What happened

Impact and signal

Affected components and suppliers

Source and time

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