Wavice, Inc.
KKRX:2899307,130.00
KRW
+100.00
(+1.42%)
ISIN
KR7289930000
Return %
Stock
S&P 500
1Y
-12.62
14.39
3Y
- -
81.42
5Y
- -
68.62
Capital Structure
KRW
•
in mil. unless spec.Working Capital
KRW
•
in mil. unless spec.Growth Rates
KRW
•
in mil. unless spec.Quarterly Revenue
KRW
•
in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
KRW
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in mil. unless spec.Company Description
- CEO
- Min-Seok Han
- Full Time Employees
- 156
- Sector
- Electronic technology
- Industry
- Electronic components
- Address
- Hwaseong-si South Korea
- IPO Date
- Oct 25, 2024
- Website
- wavice.com
- Similar Companies
- Business
- Wavice, Inc. is a South Korea-based semiconductor company that designs, develops, and manufactures gallium nitride (GaN) radio frequency (RF) semiconductor components and power amplifier modules. Established in 2017 as a spin-off from GigaLane Co., Ltd. and headquartered in Hwaseong-si, Gyeonggi-do, South Korea, the company operates as a vertically integrated device manufacturer (IDM), maintaining in-house capabilities across epitaxial wafer engineering, RF integrated circuit design, wafer fabrication, semiconductor packaging, and modular subsystem assembly. The company offers a comprehensive portfolio of GaN RF hardware and engineering services categorized into discrete semiconductor devices, power amplification hardware, and integrated subsystems. Its primary product and service offerings comprise GaN RF bare-die chips, including High Electron Mobility Transistors (HEMT) and Monolithic Microwave Integrated Circuits (MMIC); discrete packaged RF power transistors designed for high breakdown voltage and high power density; high-power amplifiers (HPA) and solid-state power amplifiers (SSPA); high-power amplifier boards and transmission modules; wideband RF front-end modules; and specialized GaN RF foundry, design enablement, and military-standard environmental reliability testing services. Wavice delivers products to defense prime contractors, aerospace agencies, and telecommunications equipment manufacturers across South Korea, India, the Middle East, and Southeast Asia. The company's solutions serve critical applications across active electronically scanned array (AESA) radars; long-range surface-to-air missile (L-SAM) multi-function radar systems; naval vessel combat and surveillance radar suites; anti-drone jamming and detection platforms; space-borne synthetic aperture radar (SAR) payloads; 5G and next-generation 6G mobile telecommunications base stations; and commercial wireless communication infrastructure. In recent developments, Wavice completed its initial public offering and listed its common stock on the KOSDAQ market of the Korea Exchange in October 2024 under the ticker 289930. The company has expanded its defense manufacturing operations, securing a 13 billion KRW supply contract with Hanwha Systems to deliver multi-function radar transmission modules for the Republic of Korea Navy's Ulsan-class Batch-IV frigate program. Internationally, Wavice broadened its commercial footprint by entering into high-power amplifier supply and RF chip foundry agreements with Indian state-owned defense corporations. To scale production capacity, the company raised 33.5 billion KRW through bonds with warrants in late 2025 to finance the construction of an integrated GaN RF semiconductor fabrication and qualification facility in Cheonan, targeted for operational completion in 2027. Additionally, Wavice collaborates with national research bodies, including the Electronics and Telecommunications Research Institute (ETRI), on strategic initiatives to localize next-generation GaN MMIC technologies for aerospace and defense deployments.