Chip-Design Firm SkyeChip Said to Consider Malaysia IPO This Year

1 month ago 13

Semiconductor designer SkyeChip Sdn. is considering an initial public offering in Malaysia as early as the second half of this year, people familiar with the matter said, riding on the country’s push to make its own chips.

The company, founded in 2019, is targeting a price that would value it at more than 1 billion ringgit ($226 million), the people said, asking not to be named because they weren’t authorized to speak publicly.

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