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TeraView, a British chip-equipment manufacturer, has listed on the Kosdaq to strengthen its commercial strategy in Korea and Greater Asia, where it generates 60% of its revenue from semiconductor clients. The listing allows TeraView to support its customers better and establish a manufacturing and R&D hub in Korea, with plans to expand into Singapore, Malaysia, and Taiwan.

TeraView debuted with a valuation of 568 billion won ($393 million), boosted by a stock market rally. The company’s largest shareholder is Dage Precision Industries, with Samsung Securities as the lead underwriter. The listing reflects a growing interest in deep tech investments in Korea, despite a recent decline in foreign listings.