ASICLand Signs $19 Million Contract for eSSD Controller Development

ASICLAND strengthens its global market competitiveness through eSSD controller development in partnership with Phadu.

ASICLAND (CEO Jongmin Lee), a leading company in ASIC (Application-Specific Integrated Circuit) design solutions, announced on the 30th that it has signed a $19 million (approximately 26.1 billion KRW) contract with the global semiconductor fabless company Phadu for the development of an eSSD controller.

This contract aims at the development and supply of next-generation eSSD (enterprise Solid State Drive) controller ASICs. ASICLAND will be responsible for the overall design and manufacturing processes, including IP contracts, front-end and back-end design, DFT & DFT RTL design, tape-out, and wafer processing. Through this, the company plans to accelerate the development of high-performance and low-power SSD solutions and further strengthen its competitiveness in the global market.

Currently, the global semiconductor market is experiencing a surge in demand for low-power, high-performance solutions due to the resumption of data center investments and the spread of artificial intelligence (AI). The importance of eSSD controllers is increasing accordingly. High-performance eSSD controllers are becoming core components for data centers and AI applications, drawing attention as key solutions to provide high performance and reliability, especially in environments requiring large-scale data processing and fast response times such as data centers, cloud computing, AI applications, and financial transaction systems.

ASICLAND is already developing high-efficiency power management semiconductors (PLP, PMIC) necessary for eSSD modules (Drives) in collaboration with Phadu. Through this contract, ASICLAND has secured a position to supply the core chips of eSSD modules (Drives) aimed at mass production of eSSD controllers and eSSD modules (Drives). This expansion into next-generation memory solution development, including eSSD products, is expected to significantly enhance competitiveness in the global market together with its partners.

Jongmin Lee, CEO of ASICLAND, stated, "This contract signing is an important milestone that proves ASICLAND’s technological capabilities and market competitiveness." He added, "By further solidifying our technological excellence and strategic partnerships, we will continuously provide innovative solutions and pursue sustainable growth in the global market going forward."