Qualitas Semiconductor Expands SK hynix IP Deal to 3.9 Billion Won

What happened

Qualitas Semiconductor disclosed on Nov. 12 that it had revised a supply agreement signed with SK hynix in March: the semiconductor IP licensing contract's total value increased by about 1.5 billion won, from 2.42 billion won to 3.92 billion won, an increase exceeding $1 million in dollar terms, raising its value relative to annual revenue by 28 percentage points, from about 45% to approximately 73% of last year's revenue of 5.35 billion won. According to industry sources, the two companies adjusted the contract value after upgrading the performance of the IP being supplied; Qualitas Semiconductor develops and supplies high-speed data communication interface IP including PCI Express (PCIe), UCI Express (UCIe) and MIPI, with PCIe used in SSD controllers and UCIe used in base dies for custom high-bandwidth memory (cHBM) and high-bandwidth flash (HBF). The contract period remains unchanged, ending March 16, 2027; the payment structure also remains the same, with the total payable in three installments, and Qualitas Semiconductor received the first payment of $648,000 on March 27. A company official said specific details cannot be disclosed due to a nondisclosure agreement (NDA).

Impact and signal

Affected components and suppliers

Source and time

Source: The Elec · 11/13/2026 · View original source